Latest news with #KBBM
The Sun
6 hours ago
- Business
- The Sun
KPDN launches KBBM 2025 to boost local MSME sales in Malaysia
ISKANDAR PUTERI: The Ministry of Domestic Trade and Cost of Living (KPDN) has launched the 2025 Buy Malaysian Goods Campaign (KBBM) under the theme 'Jom Beli Lokal' to strengthen domestic economic growth and support local entrepreneurs. Minister Datuk Armizan Mohd Ali highlighted that the campaign aims to enhance sales value and market penetration for Malaysian-made products while reducing reliance on imports. 'This initiative directly supports local entrepreneurs and contributes to national economic growth,' he said during the launch at Puteri Harbour Convention Centre. The campaign will involve multiple ministries, government agencies, and private sector collaboration to promote local products as a preferred choice. Armizan emphasised that KBBM will expand to e-commerce platforms, leveraging partnerships with major operators like TikTok, Shopee, and Lazada. 'E-commerce plays a crucial role in reaching wider audiences, and we recorded over RM347 million in sales through KBBM in 2023 and 2024,' he added. The three-day Southern Zone Roadshow in Johor marks the beginning of a nationwide tour, covering five additional zones. The event includes consumer advocacy programmes, local product exhibitions, and government agency showcases. Deputy Minister Datuk Dr Fuziah Salleh, Johor Menteri Besar Datuk Onn Hafiz Ghazi, and state committee chairman Lee Ting Han were also present at the launch.
Barnama
6 hours ago
- Business
- Barnama
KPDN Launches KBBM 2025 To Boost Sales Of Local MSME Products
ISKANDAR PUTERI, June 27 (Bernama) -- The Ministry of Domestic Trade and Cost of Living (KPDN) today launched the 2025 Buy Malaysian Goods Campaign (KBBM), themed 'Jom Beli Lokal' (Let's Buy Local), to boost local product sales and reduce reliance on imports. Its Minister Datuk Armizan Mohd Ali said the campaign focuses on efforts to boost sales value and penetration of local products, strengthen domestic economic growth and assist local entrepreneurs and micro, small and medium enterprises (MSMEs). 'This campaign directly supports income generation for local entrepreneurs while also contributing to the nation's economic growth,' he said. 'At the same time, this initiative creates a platform to showcase the quality of local products as a preferred choice, thereby reducing reliance on imported goods,' he said during the KPDN 2025 Roadshow and the launch of KBBM at the Puteri Harbour Convention Centre here today. He said the implementation of KBBM is not solely driven by KPDN, but also involves various ministries and government agencies through a 'whole-of-nation' approach 'We also call for the participation of the private sector and non-governmental organisations (NGOs) to strengthen the movement to prioritise quality and competitive local products,' he said. Armizan added that the campaign will be carried out physically through promotions at business premises and expanded to e-commerce platforms in collaboration with major platform operators. 'This e-commerce approach is important, as it has vast potential to showcase local products to a wider market,' he said. He said the KPDN also recorded a sales value of more than RM347 million through KBBM throughout 2023 and 2024, involving almost 700,000 stock keeping units (SKUs) through three major e-commerce platforms, namely TikTok, Shopee and Lazada.
The Sun
11 hours ago
- Business
- The Sun
Malaysia's distributive trade hits RM1.766 trillion in 2024
ISKANDAR PUTERI: The sales value of Malaysia's distributive trade sector rose to RM1.766 trillion in 2024, up from RM1.674 trillion in 2023, marking a 5.5 per cent increase. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali attributed the growth to the sector's strong post-pandemic recovery, creating more opportunities for local products. Speaking at the launch of the Buy Malaysian Goods Campaign (KBBM) and the southern zone Jelajah Karnival KPDN 2025, Armizan highlighted the campaign's role in promoting domestic economic growth. The event, held at Puteri Harbour Convention Centre, saw attendance from Deputy Minister Datuk Dr Fuziah Salleh, Johor Menteri Besar Datuk Onn Hafiz Ghazi, and state committee chairman Lee Ting Han. Johor was chosen as the starting point for the carnival, which runs until June 29, following last year's success with 761,659 visitors. The tour will expand to five other zones, including Kedah, Pahang, Selangor, Sabah, and Sarawak, featuring consumer advocacy programmes and local product promotions. Armizan noted that KBBM 2025 aims to support micro, small, and medium enterprises (MSMEs) in expanding their market reach. The campaign has already generated over RM347 million in sales in 2023 and 2024, with nearly 700,000 products sold via TikTok, Shopee, and Lazada. He emphasised a whole-of-nation approach, involving ministries, agencies, and private sector collaboration. The Local to Global Retail programme will further enhance the global presence of Malaysian products. 'The Jom Beli Lokal campaign is a long-term policy to strengthen economic security,' Armizan said. 'With RM1.766 trillion in trade, we want more local products in the market.'
Barnama
11 hours ago
- Business
- Barnama
Sales Value Of Malaysia's Distributive Trade Sector Increased To RM1.766 Trillion In 2024
ISKANDAR PUTERI, June 27 (Bernama) -- The sales value of Malaysia's distributive trade sector increased to RM1.766 trillion in 2024, compared to RM1.674 trillion in the previous year, said Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. He said the 5.5 per cent increase reflected the encouraging performance of the domestic distribution sector, which remained sustainable post-pandemic, thus opening up wider space for local products to penetrate the market more aggressively. "We see this increase in sales value as a positive momentum. It provides an opportunity for us to mainstream local products in this large wholesale and retail trade sector," he told a press conference after opening the southern zone 'Jelajah Karnival KPDN 2025' and the launch of the Buy Malaysian Goods Campaign (KBBM) at the Puteri Harbour Convention centre here today. Also present were Deputy Minister of KPDN Datuk Dr Fuziah Salleh, Johor Menteri Besar Datuk Onn Hafiz Ghazi, and the chairman of the state Investment, Trade, Consumer Affairs and Human Resources Committee Lee Ting Han. This year, Johor was selected as the opening location for the 'southern zone 'Jelajah Karnival KPDN 2025, which will run for three days until June 29, taking into account the encouraging response in 2024, which recorded a total of 761,659 visitors. The tour series will then proceed to five other zones, namely the Northern Zone (Kedah), Eastern Zone (Pahang), Central Zone (Selangor), Sabah Zone and Sarawak Zone, with various consumer advocacy programmes, local product promotions, and exhibitions by government agencies. Armizan said KBBM 2025 is a strategic initiative to stimulate domestic economic growth and assist micro, small, and medium enterprises in expanding their market reach both locally and internationally. 'This campaign provides a platform to showcase the quality of local products as the preferred choice, thus reducing dependence on imported goods,' he said. He said that KPDN also recorded a sales value of more than RM347 million through KBBM in 2023 and 2024, involving almost 700,000 Stock Keeping Units (SKUs) through three major e-commerce platforms, namely TikTok, Shopee and Lazada.
GMA Network
18-06-2025
- General
- GMA Network
'Dangerous maneuvers' performed by CCG while PH installs more floating devices in WPS
The Philippine Coast Guard (PCG) and the Bureau of Fisheries and Aquatic Resources (BFAR) successfully conducted three-day Floating Aggregate Device (FAD) Laying Operations in Hasa Hasa and Kanduli Shoals. That's despite radio challenges and dangerous maneuvers from four Chinese Coast Guard vessels during the operation. 'Our crew, especially the radio operators, responded with professionalism and composure, successfully maintaining our maritime presence with dignity and courage,' said the PCG in a statement released on Wednesday. Meanwhile, the PCG said that there are now 20 FADs deployed in the area. 'The primary objective of this initiative is to bolster the livelihoods of Filipino fishermen by improving their fish catch, while also contributing to the national government's Kadiwa para sa Bagong Bayaning Mangingisda (KBBM) program, which aims to ensure a sustainable and affordable supply of fish,' the statement read. The PCG also said that the devices were installed with the use of three 44-meter Multi-Role Response Vessels (MRRVs), the 5001 PCG-manned BFAR vessel, and MV Mamalakaya, along with several Filipino fishing boats. 'The Philippine Coast Guard and Bureau of Fisheries and Aquatic Resources remain steadfast in their mission to safeguard the livelihoods of our people, promote food security, and uphold our sovereign rights in the West Philippine Sea,' it added. —Jiselle Anne Casucian/ VAL, GMA Integrated News
