Wednesday, September 15, 2021

Medac

Medac’s special committee to assist SMEs affected by Covid-19

KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (Medac) will set up a special committee to assist small and medium enterprises (SME) entrepreneurs affected by the Covid-19 pandemic. Its minister, Tan Sri Noh Omar said the ministry would ensure...

Applications For SPIN 2.0, CBRM 2.0 financing schemes open Aug 15

PUTRAJAYA: Micro-businesses affected by the Covid-19 pandemic can start applying for financing under the Informal Financing Scheme (SPIN) 2.0 and Covid Business Recovery Financing Scheme (CBRM) 2.0, from Aug 15. Entrepreneur Development and Cooperatives Minister, Datuk Seri Dr Wan Junaidi...

More B40 entrepreneurs to benefit from RAKYATpreneur 2.0 programme

KUALA LUMPUR: Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has launched the RAKYATpreneur 2.0 programme today; a social financial initiative to help asnaf entrepreneurs by equipping them with skills and knowledge needed to expand their business. Launched by Entrepreneur Development...

Enhanced SOPs to allow businesses to operate

KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) had submitted an enhanced health standard operating procedure (SOP) proposal to the government. This is to help speed up the opening of the Micro, Small and Medium Enterprises (MSME) sector, particularly...

Medac allocates RM230 mln for new Cooperative Commission revolving capital fund products

PUTRAJAYA: The Ministry of Entrepreneur Development and Cooperatives (Medac) through the Cooperative Commission of Malaysia (SKM) has allocated RM230 million for the implementation of new products under the Revolving Capital Fund of SKM (TMPSKM). Its Minister Datuk Seri Dr Wan...

Medac extends SKM revolving capital fund moratorium facility until November

KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (Medac) through the Cooperative Commission of Malaysia (SKM) has extended the deferment period of repayment facility for the Malaysian Cooperative Commission Revolving Capital Fund (TMPSKM) until November 2021. Medac said in...

Seek help from ministry, not Ah Long

KUCHING: The federal Ministry of Entrepreneur Development and Cooperatives (Medac) has called on micro businesses to reach out to its agency Tekun Nasional for hassle-free financing assistance. Minister Datuk Seri Wan Junaidi Tuanku Jaafar said he was concerned about reports...

Over 500k MSMEs at risk of closure if not allowed to operate

KUCHING: It is estimated that 580,000 businesses, representing 49 per cent of the micro, small and medium enterprises (MSME) in the country, are at risk of closure by October if they are not allowed to operate by then. Federal Entrepreneur...

Hotline for entrepreneurs suffering from mental and emotional distress

KUCHING: A hotline—ADU@MEDAC— has been set up by the federal Entrepreneur Development and Cooperatives Ministry (Medac) to assist entrepreneurs suffering from mental and emotional distress due to the prolonged lockdown. The 1-300-88-1020 hotline operates from 9am to 9pm, and those...

RM321, 000 worth of allocations handed over

OYA: Cooperatives and Entrepreneurship Development Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar handed over allocation totalling RM321,000 to various recipients here today. Wan Junadi, who is also Santubong MP, handed over the mock cheques for the allocation at a...
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Ministry launches internet packages for students

KUALA LUMPUR: The Communications and Multimedia Ministry (KKMM) today launched two Internet packages — the Malaysian Family Youth Package...
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