Take advantage of digital technology

KUCHING: Small and medium enterprises (SMEs) and micro-entrepreneurs are told to utilise digital technology in order to face various challenges post Covid-19. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said this is because there is no guarantee that the country’s business sector would return to normal once the pandemic is over. […]

Continue to follow the SOPs

KUCHING: As the Covid-19 vaccination does not make a person completely immune from the virus, the general public must continue to follow the standard operating procedures (SOPs), said Entrepreneur and Cooperative Development (Medac) Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. “The Covid-19 vaccination strengthens one’s immune system from the virus. When infected, the person […]

New council to be catalyst for nation’s entrepreneurial development

KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (Medac) is optimistic the setting up of the National Entrepreneurship Development Council (MPKN) will be the catalyst for Malaysia’s aspiration to become an outstanding entrepreneurial nation by 2030. In a statement today, its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the council will coordinate […]

Medac agencies come to the aid of needy groups

KUCHING: The Entrepreneur Development and Cooperatives Ministry (Medac), through its agencies Bank Rakyat and The Cooperative Commission of Malaysia (SKM), has handed over almost RM700,000 worth aid of to needy groups in Sarawak. In a statement today, its Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said in trying times like this, all forms of […]

Moratorium, overlapping financing for Tekun entrepreneurs affected by floods

KUALA LUMPUR: Tekun Nasional is offering a special initiative known as “Inisiatif Prihatin Banjir” for Tekun entrepreneurs who are affected by the floods. Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the facilities offered by Tekun Nasional included providing a moratorium of up to six months to entrepreneurs who have […]

Medac to assist through cooperative emergency relief fund

KUALA LUMPUR: Ministry of Entrepreneur Development and Cooperatives (Medac) through the Cooperative Commission of Malaysia (SKM) continues to proactively assist the cooperative movement severely affected by floods by providing a Cooperative Emergency Relief Fund. In a statement today, Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the affected cooperatives were eligible to receive cooperative […]

Cash flow constraints, lower sales poser

KUCHING: Among the main the challenges that entrepreneurs will face during the movement control order (MCO) 2.0 period are the cash flow constraints and lower sales volume. The ones that are likely most affected will be the micro and informal business entrepreneurs. Ministry of Entrepreneur Development and Cooperatives (Medac) called Malaysians to strictly adhere to […]

MCO, emergency will not derail Medac programmes

PUTRAJAYA: Plans and programmes to assist entrepreneurs in these trying times will not be derailed amid the imposition of the movement control order (MCO) and nationwide state of emergency. Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar gave such assurance today, in a statement. He cited the execution of the second […]

Empower officer to stop vehicle boarding ferry

KUCHING: The officer to be stationed at every ferry point in the state to monitor daily ferry operations must have the right to refuse vehicles from embarking the ferry, said federal Minister of Entrepreneur Development and Cooperatives Datuk Seri Dr Wan Junaidi Tuanku Jaafar. In welcoming stricter enforcement of the safety regulations at ferries, the […]

Ministry to focus on micro, informal traders

KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) will continue to focus on assisting micro and informal traders as well as entrepreneurs affected by the Covid-19 pandemic. Minister Datuk Seri Wan Junaidi Tuanku Jaafar said based on a study conducted by the ministry, although there were various assistance/stimulus packages that have been channelled by […]