Direct selling industry can reach RM20b sales this year, says minister | Malay Mail

📆 25/04/42 08:27 م
📰 malaymail

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PUTRAJAYA, Dec 10 — The direct selling industry in Malaysia can reach sales of RM20 billion by year-end despite the current economic challenges, Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said. He said the industry hit sales of RM17.8 billion as of September...

Thursday, 10 Dec 2020 06:02 PM MYT

He said the industry hit sales of RM17.8 billion as of September 2020, surpassing the RM17 billion recorded last year and RM15.9 billion in 2018. He said Malaysia was ranked seventh globally and fourth in Asia-Pacific in terms of sales value in the World Federation of Direct Selling Associations’ 2019 global direct selling sales report.

The minister said this included facilitating the process of renewing the direct selling license without neglecting the aspects of compliance with the rules and conditions enshrined under the Direct Sales and Anti-Pyramid Scheme Act 1993.

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