43,200 receive financing worth RM451.36 million
KUCHING: The National Entrepreneur Group Economic Fund (Tekun Nasional) has assisted a total of 43,206 entrepreneurs in various business sectors with financing worth RM451.36 million from March till Oct 18 this year. Entrepreneur Development and Cooperatives (Medac) Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the assistance was meant to help entrepreneurs affected by […]
Paper to be presented to Cabinet
Transformation for cooperatives BY NATASHA JEE & ALVERDTEKOSTER ANYAP KUCHING: A presentation paper on the transformation for cooperatives will be presented to the Federal Cabinet this coming week, said Entrepreneur and Cooperative Development (Medac) Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. He said this is in line with the ministry’s aim to strengthen the […]
SMEs urged to take up modern farming
BY NATASHA JEE & ALVERDTEKOSTER ANYAP KUCHING: The Entrepreneur Development and Cooperatives Ministry (Medac) wants more small and medium entrepreneurs (SMEs) in Sarawak to migrate to modern farming to enable the country to increase its food production not only for local consumption but also export. Its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said […]
2U2I prepares graduates for employment
KUALA LUMPUR: Implementation of the learning concept that combines two elements, namely a two-year study programme at the university and two-year industrial training (2U2I), will prepare graduates for the employment market, said Entrepreneur Development and Cooperatives Minister (Medac) Datuk Seri Dr Wan Junaidi Tuanku Jaafar. He said the concept, pioneered by agencies under the ministry […]
Medac to continue to revive economy
BY ALVERDTEKOSTER ANYAP KUCHING: Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar welcomes the federal government’s action in curbing the spread of Covid-19 after the recent Sabah state election. Wan Junaidi expressed gratitude to Prime Minister Tan Sri Muhyiddin Yassin for taking the approach of implementing a controlled action instead of imposing […]
‘Cooperatives can help’
KUCHING: Area Fishermen’s Associations (PNKs) and Area Farmers Organisations (PPKs) in the state are encouraged to establish cooperatives under the Cooperative Commission of Malaysia (SKM). Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar in stating this said the establishment of cooperatives amongst PNKs and PPKs would help increase the socio-economic development of […]
Special committee to study MA63
KUCHING: A special committee to conduct a systematic study on the Malaysia Agreement 1963 (MA63) is to be set up, said Entrepreneur Development and Cooperatives (MEDAC) Minister Datuk Sri Dr Wan Junaidi Tuanku Jaafar today. He said a working paper on the establishment of the coordinating committee on the constitution and MA63 was tabled at […]
Stamp duty exemption incentive for SMEs
KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) through SME Corp. Malaysia in collaboration with the Inland Revenue Board of Malaysia (LHDN) and the Companies Commission of Malaysia (SSM) is providing a stamp duty exemption incentive to small and medium enterprises (SMEs) for merger and acquisition (M&A) activities. Application for this incentive is eligible […]
More opportunities to be created
KUCHING: The proposed mixed development project to be developed by UDA Holdings Berhad (UDA) and Sarawak Economic Development Corporation (SEDC) will further strengthen the relationship and create synergy between the Federal Ministry of Entrepreneur Development and Cooperatives (Medac) and the Sarawak government. Federal minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said through such joint […]
Exploratory collaborations proposed
KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) has proposed three exploratory collaborations with the Ministry of Agriculture, Native Land and Regional Development. In a statement issued on today (Sep 1), Medac said, “These include cooperative efforts for the Fishermen and Plantation Association; establishment of Bank Rakyat branch in Sarawak; and cooperation between Medac […]
