QNet eyeing share in lucrative French direct selling market
QNet is eyeing a share in the lucrative French direct-selling market, according to The Malaysian Reserve. This expansion into the French market represents the company's efforts to grow its direct-selling operations. Malaysian consumers considering any direct-selling participation should verify that the company holds a valid KPDN license before committing financially.
Growing direct selling industry gets boost from pandemic
The Edge Malaysia reports that the direct-selling industry has expanded with increased interest resulting from pandemic-related economic changes. The sector experienced significant growth as consumer behavior shifted during the pandemic. Consumers entering the direct-selling industry should ensure companies hold proper regulatory licenses and maintain realistic income expectations.
Watchdog group alerts FTC to COVID-19 claims being made by MLM
NutraIngredients.com reports that a consumer watchdog group has alerted the US Federal Trade Commission to false COVID-19 health claims promoted by MLM companies. The alert highlights misrepresentation of product efficacy in pandemic-related marketing. Consumers should verify health claims with qualified healthcare professionals and regulatory authorities before believing MLM promotional statements.
Prestasi Industri Jualan Langsung Negara Catat RM17.8 Bilion
Rnggt has reported that the country's direct-selling industry has achieved a performance milestone of RM17.8 billion. Malaysian consumers should note that regardless of industry size, verifying a company's KPDN license and researching its reputation remains essential before participation.
Industri jualan langsung di Malaysia diunjur cecah RM20 bilion akhir tahun ini
Malaysia's direct-selling industry is projected to reach RM20 billion by the end of this year, according to Harian Metro. Malaysian consumers should verify any direct-selling company's KPDN license and check product registrations before making purchases.
Syarikat jualan langsung tanpa lesen didenda RM9 juta | Sinar Harian
Sinar Harian reports that a direct-selling company operating without a license has been fined RM9 million by authorities. The significant penalty underscores regulatory commitment to enforcing licensing requirements. Malaysians should verify that any direct-selling company they consider joining holds a current KPDN license.
Justice served — for now — in country’s biggest gold scam
The Edge Malaysia reports on a ruling in the country's biggest gold scam case. The outcome is described as justice served 'for now,' suggesting it may be subject to further legal proceedings. Before investing in or joining any direct-selling scheme, verify the company's legitimacy and check its KPDN regulatory status.
Akta Jualan Langsung dan Skim Anti-Piramid 1993 akan dipinda | Sinar Harian
Sinar Harian reports that the Direct Selling and Anti-Pyramid Scheme Act 1993 will be amended. The planned legislative changes indicate ongoing regulatory evolution in Malaysia's direct-selling sector. Consumers should stay informed about regulatory updates affecting direct-selling companies and their operations.
Akta Jualan Langsung dan Skim Anti-Piramid 1993 akan dipinda
Bernama reports that the Direct Selling and Anti-Pyramid Scheme Act 1993 will be amended. The legislative amendments reflect regulatory efforts to strengthen oversight of Malaysia's direct-selling industry. Consumers should monitor regulatory developments to understand how changes may affect direct-selling operations and consumer protections.
The Direct Sales Act 1993 will be amended, according to Harian Metro. This legislative revision updates the regulations governing direct-selling companies operating in Malaysia. Before joining any direct-selling organization, always verify that it holds a valid KPDN direct-selling license.
This recession may prove more daunting for MLM players
The Edge Malaysia reports that a recession may prove more daunting for MLM players. This economic challenge may impact recruitment and sales activities within the direct-selling sector. Consumers considering joining any direct-selling company should carefully evaluate income claims and verify regulatory compliance with KPDN.
FTC Warns 16 Multi-Level Marketing Companies About Coronavirus Fraud
Forbes reports that the FTC warned 16 MLM companies about coronavirus-related fraud. The regulatory action highlights concerns about misleading health claims in the direct-selling sector. Malaysian consumers should be cautious of any MLM claims involving health products and verify regulatory approvals through KPDN or relevant authorities.