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View Full Version : Wal-Mart to come to Msia?



sirgalahad2010
07-06-2007, 05:29 PM
Syabas to Shafie Apdal!

It would be good for Msian consumers if Wal-Mart and Germany's Metro were to set up hypermarkets in Msia to compete with the likes of Carrefour, Tesco and Dairy Farm's Giant.

More competition means more choices for consumers, and maybe, better prices.

mlkok
07-06-2007, 07:32 PM
You might just want to rethink that. Wal-Mart's policies may be good for consumers but it's thru the practice of squeezing manufacturers. When the manufacturers are squeezed, the workers gets squeezed in turn. So where does that really leaves us?
In the US, Super Wal-Marts hires a bulk of the residents. At that point it's to late to do anything as they have you at their mercy. Closing them down would mean an economic disaster. Bad for re-election. :p

CS Chua
07-06-2007, 08:43 PM
Very interesting logic of squeezing one another. I wonder why they allow themselves to be squeezed. After all, they can always not do business with those who do not accept their prices. It is a common response. If they reduce their prices, they cannot blame anybody but themselves. Anyway, nobody is indispensable. Even Wal-Mart.

I hope they come in. The more the merrier and the better for us. I am all for competition.

sinleong
07-06-2007, 09:45 PM
If you read the news in full, Walmart actually denied they have any plans in malaysia. i dont know what is going on with our government. they also said they got disney to build a theme park in johor and disney also issued a denial. now, the latest is the VW and proton deal.

jianwei85
07-06-2007, 09:48 PM
more 'good' news to spur the economy? :D

Raikonen
07-06-2007, 11:13 PM
If you read the news in full, Walmart actually denied they have any plans in malaysia. i dont know what is going on with our government. they also said they got disney to build a theme park in johor and disney also issued a denial. now, the latest is the VW and proton deal.

Just wishful thinking on some govt officials' part...There still exist govt turkeys who think that Msia is the next BIG thing for FDI and that investors would rush in to invest.

lynndhia
07-06-2007, 11:38 PM
Wal-Mart has always been harshly criticised by it's competitors that they take too much out of the employees and give back too little. Especially the benefits, healthcare coverage, wages per hour etc.

Wal-Mart is also known to wreck havoc on small or medium enterprises. With so many hypermarkets (Giant, Carrefour, Tesco, Mydin, more than enough already lah) already competing for the same target market with more or less the same purchasing power, is it really advisable for Wal-Mart to come into Malaysia?

Yes, we may have more selection of goods from seas away. But gone lah our friendly neighbourhood kedai runcit. Besides needing them to send us gas, and us popping by once in a while when we miss out on a certain ingredient in our recipe, what else can they do when we purchase in bulk (often too much) at these hypermarkets at a much lower price?

For your reading pleasure, click here (http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?ex=1279252800&en=8b31033c5b6a6d68&ei=5088&partner=rssnyt&emc=rss) , an article on How Costco Became the Anti-Wal-Mart from the New York Times.

Now maybe if OUR hypermarts are more like Costco (http://en.wikipedia.org/wiki/Costco), then maybe, syabas.

logicman
08-06-2007, 12:46 AM
You might just want to rethink that. Wal-Mart's policies may be good for consumers but it's thru the practice of squeezing manufacturers. When the manufacturers are squeezed, the workers gets squeezed in turn. So where does that really leaves us?
In the US, Super Wal-Marts hires a bulk of the residents. At that point it's to late to do anything as they have you at their mercy. Closing them down would mean an economic disaster. Bad for re-election. :p
Mk, I concur with with u.

ng
08-06-2007, 02:52 AM
When is wal-mart coming ? It is good competition ! :D

saml
08-06-2007, 10:13 AM
These hyper markets are good for consumers but not terribly good news for the not so big supermarkets. I think the local corner shops will still be there as sometimes it is just too much of ahassle to drive and find a parking space and find just a few items. IN this world of globalisation one cant just close one's borders to big corporations. If they can reap economies of scale and pass it on to the consumers what's the problem?

uchangeng
08-06-2007, 02:47 PM
Wal-Mart will face the certaint political cost : "MUST BUY FROM BUMI" suppliers ruling if they want their buziness licence. Or 30% of BUMI equity for appointed so call "partners" or better still, if they agree to appoint a crony Pengerusi.

Would Wal-Mart subscribe to this race-based descriminatory policy, pay the political cost and still stay competitive?

On the other side of the feild, the German is also facing the same with their potential Strategic Partner in the car bzness.

Whatever the case may be, the end users, the Rakyat, who have been voting in the BN. in the past 50 years, will be the ones who pay for this political cost.

Would we get cheaper grocery? cheaper and better quality car?

bslee
08-06-2007, 02:59 PM
The way I see it..supermarkets are for people who luv the clean and airconditioned place to shop, coupled with taking babies and toddlers for an outing (which I'm in the opinion kids SHOULD BE BARRED from the food and domestic provisions market area).
For best prices, choice and quality of meat, fish and vege, best place is still the wet market (go figure which has best prices)...period!. Obvious downside is the very unkempt and unhygienic places they are..which I honestly hope the town councils would put priority attention to these wet markets. Just why the standards in our wet markets are not improving since 1 century ago baffles me..perhaps only typical of Malaysian business culture...Is it that difficult to uplift it or not I don't know..reasons are beyond me.
Generally..from my observation the hygiene conditions have NOT changed when I remembered it in 1966 or looking at the market now in 2007!. Its just as smelly and filthy!. Semua TUTUP One MATA lah!..

sirgalahad2010
08-06-2007, 05:15 PM
If you read the news in full, Walmart actually denied they have any plans in malaysia. i dont know what is going on with our government. they also said they got disney to build a theme park in johor and disney also issued a denial. now, the latest is the VW and proton deal.

Could u point me to the relevant link, pls?

The Bloomberg report (M'sia to ease restrictions on foreign hypermart operators) in the Spore Business Times(htp://business-times.asia1.com.sg) yesterday quoted Shafie Apdal as saying in an interview: "I've been trying to entice people, even Wal-Mart and Metro. We like competition, it's good for the consumers".

According to the report, he said that Wal-Mart has indicated it is interested in setting up stores in Msia and his ministry is talking to Germany's Metro.

Note, Shafie said he's "trying" to get Wal-Mart and Metro to set up shop in Msia. He didn't say it is a done deal!

Neither did I say it is a done deal in my earlier post. Go read it carefully!

The Bloomberg report also quoted a Mr Juergen Homeyer, a spokesman for Dusseldorf-based Metro AG as saying that a market entry in Msia is unlikely in the near future as it takes "at least six months to build a store and to prepare the infrastructure". Not an outright denial.

Msia has, according to the Bloomberg report, 50 foreign hypermarket outlets serving a population of more than 26 million. Shafie's ministry (Domestic Trade & Consumer Affairs) has approved 59 foreign outlets this year.

fabregas
08-06-2007, 09:57 PM
I think its great that we are encouraging more hypermarkets. It provides more competition and choices. I believe prices will be stable and reasonable. In my area there are at least 3 hypermarkets within 5 to 15 minutes drive. After a while I can tell who has the best price and service. Hypermarkets will also create jobs, and drive the other local industries and agriculture. I mentioned before that Malaysia is losing its edge in low cost manufacturing. Salaries of operators cannot remain at RM500 -600 for ever. That's why so many factories have already moved to China or Vietnam. We need to look at other forms of investments, higher technology manufacturing, R&D, software/IT and service orientated industry. I also think putting emphasis back into agriculture is a must.

sinleong
09-06-2007, 04:39 PM
Could u point me to the relevant link, pls?

Note, Shafie said he's "trying" to get Wal-Mart and Metro to set up shop in Msia. He didn't say it is a done deal!

Neither did I say it is a done deal in my earlier post. Go read it carefully!

The Bloomberg report also quoted a Mr Juergen Homeyer, a spokesman for Dusseldorf-based Metro AG as saying that a market entry in Msia is unlikely in the near future as it takes "at least six months to build a store and to prepare the infrastructure". Not an outright denial.


dear Sir Galahad,
Thank you for the english language lesson.
i am lazy to scan the report. please read from the Sun Thursday June 7, page 2, column 1, paragraph 6.

termibait
09-06-2007, 11:26 PM
I think its great that we are encouraging more hypermarkets. It provides more competition and choices. I believe prices will be stable and reasonable. In my area there are at least 3 hypermarkets within 5 to 15 minutes drive. After a while I can tell who has the best price and service. Hypermarkets will also create jobs, and drive the other local industries and agriculture. I mentioned before that Malaysia is losing its edge in low cost manufacturing. Salaries of operators cannot remain at RM500 -600 for ever. That's why so many factories have already moved to China or Vietnam. We need to look at other forms of investments, higher technology manufacturing, R&D, software/IT and service orientated industry. I also think putting emphasis back into agriculture is a must.

Most of us just want cheaper stuff from hypermarket but do we really know how it will affect us? In fact, it doesn't matter whether Wal-Mart to enter Malaysia market or not! It is how it can benefit our people as a whole!?

Hope the relevant agencies could study the pros and cons before any decision? Hopefully, we are not burdened again with the end result of such decision made!

Sentinel
09-06-2007, 11:44 PM
I welcome Wal-Mart. In fact, I welcome more players into the market. As someone correctly put it, the more the merrier, it gives consumers more choices, better service levels and more importantly, it keeps a check on prices on the shelves!

Right now, consumers get the wrong end of the pole. Prices are not competitive. Hypermarkets are making so much money laughing their way to the bank! They now make so much money for products they have not even started to sell yet - by insisting on hefty listing fees for every SKU a supplier wants to put on their shelves for sale. For example, the Giant Hypermarket Group demands around RM500 per SKU per outlet and if one wish to put an item for sale in their Giant outlet, they have to come out with RM42,500 listing fee (for 85 outlets! x RM500) even before they order your goods. This practice of listing fees are so exorbitant and gives the retailer so much profit, while suppliers increase their prices or reduce their quality and the end-losers are the CONSUMERS!

The worse culprit in the market is GIANT and ask any suppliers anytime and they will confirm what I said above.

Yes, let Wal-Mart come, whoever whats to come, just come and set up shop and let consumers get a better deal!!! :mad:

Eastern Citizen
11-06-2007, 06:33 PM
My view is that in general, the more players the merrier. It would be great if a huge player like Wal Mart came to our shores to play. Am not convinced that our market is big enough to support and sustain so many players but so long as we the consumer all get a better deal then fine................

Nevertheless, and I do hope that the authorities can spare a thought for the small player too. On the one hand, big players will keep prices generally lower as long as there is competition but surely we can find some room for the little guy too........... No don't get me wrong, I really have no answers to this conundrum but no harm in indulging in a little wishful thinking, that's all.