TUKAR Shops Report 30 Per Cent Increase In Average Revenue

KUALA LUMPUR, March 19 (Bernama) -- Both wholesale and retail shops which were upgraded under the small retailer transformation programme or TUKAR, have chalked up an average revenue increase of 30 per cent.

Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=935650
Published: March 20, 2013

It is also hoped that the improved number of TUKAR stores would help lower prices for customers by making the retail supply chain more efficient, the Performance Management and Delivery Unit (Pemandu) in the Prime Minister's Department, said in its 2012 Annual Report on the Economic Transformation Programme released here today.

"This is because the participating retailers will typically buy larger product volumes after streamlining offerings as part of the transformation process," it added.

It said that 500 more shops would be established under the ETP's National Key Economic Area (NKEA) this year.

Up to 568 TUKAR stores have been established last year, bringing the total number of sundry shops transformed under this entry point project to 1,087 since it started.

Under the same sector, Pemandu also plans to modernise 75 automotive workshops through the Automotive Workshop Modernisation (ATOM) project this year.

The report said 110 workshops had been transformed last year, making the total number of workshops upgraded under the ATOM programme to 165.

"Based on strong demand and to ensure the participants receive sufficient funding for required tools and equipment, the EPP is also exploring the possibility of doubling the maximum loan amount for motorcycle workshops to RM100,000 from RM50,000 currently," it added.

ATOM was started in 2011 and is aimed at modernising and enhancing service standards of grassroots automobile workshops, a relatively informal sector not subject to much regulation or benchmarking.

-- BERNAMA