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KR1M 2.0

52 KR1M 2.0 Outlets Now Operating

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KUALA LUMPUR – As of March this year, there are a total of 52 1Malaysia People’s Shop 2.0 (KR1M 2.0) outlets operating throughout the country. Deputy Domestic Trade, Cooperatives and Consumerism Minister Datuk Henry Sum Agong said since the retail chain was launched in February, its outlets sell more than 100 products including essential items…

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Government Absorbs Transport Cost Of KR1M 2.0 Goods

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KUALA LUMPUR – The government absorbs the cost of transporting goods sold under the 1Malaysia People’s Shops 2.0 (KR1M 2.0) initiative so as to streamline the sale prices across the country, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi. Ahmad Zahid, who is also the chairman of the National Cost-of-Living Action Council, said…

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KR1M 2.0 Will Drive Business Networks To Lower Prices Of Goods

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KUALA LUMPUR – The 1Malaysia People’s Shop (KR1M) 2.0 initiative will drive business networks in the country to lower the prices of goods, the Dewan Rakyat was told today. Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said it was seen as a positive competition in the retail sector and at the same…

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KR1M 2.0 Receives Positives Response From Public

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PUTRAJAYA – 1Malaysia People’s Shop (KR1M) 2.0 has received positive response from the public who described it as an initiative that can help them save on costs, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainudin said. He said the KR1M 2.0 initiative would also help them have a good perception on the role…

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KR1M 2.0 To Have 100 Cheaper Goods By April

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KUALA LUMPUR – The Ministry of Domestic Trade, Cooperatives and Consumerism plans to offer 100 cheaper items at 1Malaysia People’s Shops (KR1M 2.0) by April this year, said Minister Datuk Seri Hamzah Zainuddin. He said if this target was achieved, the outlets would offer more products by the end of this year. “If it cannot…

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1,000 KR1M 2.0 Outlets To Be Opened In Klang Valley By Year’s End

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KUALA LUMPUR – A total of 1,000 1Malaysia People’s Shop (KR1M) 2.0 outlets will be opened around the Klang Valley by the end of this year. Domestic Trade, Co-operatives and Consumerism Minister Datuk Seri Hamzah Zainudin said the ministry planned to have 3,000 outlets nationwide by 2020. So far, 50 KR1M 2.0 outlets have began…

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KR1M Relaunched As KR1M 2.0

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TEMERLOH – Kedai Rakyat 1Malaysia (KR1M) has been relaunched as KR1M 2.0, featuring a new business model. Prime Minister Datuk Seri Najib Tun Razak, who launched the new initiative at TMG Mall here Sunday (Feb 4), said the main difference was KR1M 2.0 would no longer operate in specialised outlets. “Instead, it will be located…

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KR1M 2.0 To Sell About 100 Products Including Branded Items

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KUALA LUMPUR – The government is targeting to sell about 100 products including branded items at the 1Malaysia People’s Shops 2.0 (KR1M 2.0). Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainudin said the target was expected to be attained through the National Blue Ocean Strategy through a collaboration with multinational, small and medium-scale…

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