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Lifting restrictions to allow businesses recover

KUCHING: The restrictions on economic activities which were lifted by the federal government under Phase 1 and Phase 2 of the National Recovery Plan (NRP) will allow businesses to recover. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar hoped that the public will continue to observe the standard operating procedures (SOPs) to […]

Political reforms will curtail corrupt practices

KUCHING: Prime Minister Tan Sri Muhyiddin Yassin’s proposals for political reforms, including limiting the premiership tenure to two terms and ban party hopping, are steps in the right direction to effectively curtail corrupt political practices. Minister of Entrepreneur Development and Cooperatives Datuk Seri Dr Wan Junaidi Tuanku Jaafar said such moves indicated Muhyiddin’s sincerity and […]

Let PN govt serve until term ends

KUCHING: Let the Perikatan Nasional (PN) federal government serve until the end of the term, said Datuk Seri Dr Wan Junaidi Tuanku Jaafar. The Santubong MP pointed out that it was not the right time to hold a general election because the Covid-19 pandemic situation particularly in Peninsular Malaysia was still very critical. “On the […]

Relaxation for fully vaccinated individuals may boost business sector

KUALA LUMPUR: It is hoped that the easing of certain restrictions for fully vaccinated individuals can help to revitalise the business sector in these challenging times, said Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. He said Prime Minister Tan Sri Muhyiddin Yassin’s announcement yesterday on the relaxation was most appropriate […]

743 household heads receive food aid

KUCHING: Another 3.2 tonnes of basic food items were distributed to villages undergoing the enhanced movement control order (EMCO) in the Santubong parliamentary area. Santubong MP Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the food aid was delivered to 743 heads of households involving 2,522 residents living in Kampung Telaga Air, Kampung Sungai Aur, […]

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 Tuanku Jaafar, said that a total of RM100 million was allocated for the implementation of […]

MP gives food aid to Tabuan Melayu families

KUCHING:  Two thousand and five hundred households in the Tabuan Melayu area have received ten tonnes of food aid donated by Santubong MP Datuk Seri Dr Wan Junaidi Tuanku Jaafar. Wan Junaidi, who is also the Minister of Entrepreneur Development and Cooperatives, stated that these households of 10,000 people came from six villages in the […]

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 Junaidi Tuanku Jaafar said a total of 14,629 cooperatives with a membership of almost 6.5 […]

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 a statement today that previously the ministry only offered a moratorium facility for three months […]

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 Development and Cooperatives (Medac) Minister Datuk Seri Wan Junaidi Tuanku Jaafar said this was following […]