TESCO Malaysia signs contracts with local companies

Planet Retail 20 Aug 2009

Tesco Malaysia has signed contracts with 43 new small and medium enterprises (SME) suppliers as part of the company's strategy to source more products from local manufacturers. As a result, over 70% of the 60,000 products sold in Tesco Malaysia are now being produced locally, according to CEO Chris Bush. In addition to signing up SME suppliers that have met Tesco's criteria, more than 150 other local suppliers have been invited to meet with Tesco buyers during a business matching session.

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