Cooperative Movements Urged To Explore International Market

KUALA LUMPUR, July 16 (Bernama) - Cooperative movements in the country have been urged to explore new businesses in the international market to strengthen the sector.

Source from (Bernama): http://www.bernama.com/bernama/v7/ge/newsgeneral.php?id=963824
Published: July 17, 2013

Domestic Trade, Cooperatives and Consumerism Minister Datuk Hasan Malek said the cooperatives sector which contributed to the national economy was also capable of generating more revenue if it ventured into fields such as properties, trading and construction.

"The current operation of cooperatives is mainly within the country and I hope those successful in properties and housing will venture overseas as there are greater opportunities abroad," he said at the launch of the Malaysian Cooperatives Commission's (SKM) new logo here today.

Also present were Deputy Domestic Trade, Cooperatives and Consumerism Minister, Datuk Ahmad Bashah Md Hanipah and SKM executive chairman Datuk Nik Ali Mat Yunus.

Commenting on the spiralling price of chicken, Hasan said enforcement had been carried out including issuing compounds to traders in several states found raising the price of chicken, under the Price Control and Anti-Profiteering Act 2011.

He however said further information on the short and long term solutions on the issue would be announced at a media conference this Friday.

The price of chicken rose above the ceiling level since last week causing consumers to fret over the coming festive season.

-- BERNAMA