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NEWS UPDATES 6 September 2009

Tesco Malaysia seeks local SME suppliers

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Tesco Stores (M) Sdn Bhd is looking for more local small and medium-scale enterprises (SMEs) to serve as suppliers of quality and consistent products, reported state news agency Bernama.

Tesco Malaysia’s Commercial director Jamie Walker said SMEs formed a very important part of the overall offer for Tesco business to meet customers' expectations for food and non-food products.

"Locally produced products are of very high quality and need to be promoted to gain wider awareness and acceptance by the public," he told reporters after the launch of Tesco Malaysia SME Hari Raya Promotion Saturday.

To date, Tesco Malaysia has 1,272 suppliers and of which, about 60 percent were under the SME category. The present promotion with some of Malaysia's best products ends on September 10.

Walter said that last week, Tesco Malaysia launched the SME Brand @ Tesco Promotion in conjunction with Ramadan muslim festival to showcase more than 60 products by 20 local SME suppliers. The response from customers was very positive, he said.

"Many shoppers were delighted to see products and local favourites that are of good quality and made locally by Malaysia's own entrepreneurs," he said.

Tesco Stores Malaysia was set up in 2001 as a strategic alliance between Tesco Plc UK and local conglomerate Sime Darby Bhd.


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