Distributive Trade
Distributive trade comprises wholesale and retail trade, hypermarkets and superstores, departmental stores, and direct selling, which are regulated under the Ministry of Domestic Trade and Consumer Affairs (MDTCA). Apart from that, petroleum-related projects are approved under Petroleum Development Act 1974 (PDA), and franchising activities are under Perbadanan Nasional Berhad (PERNAS). Retail trade jumped to a new record high in May 2022 on higher tourism-led spending.
Malaysia’s capital was voted one of the best shopping destinations in the world thanks to its healthy mix of variety, friendliness, and value for money.
(Source: CEOWorld Magazine, 2019)