SHAH ALAM: The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) will create a special scheme to help the online entrepreneurial community further stimulate and expand their businesses.
Its Minister, Tan Sri Noh Omar, said the special scheme to be proposed to the government under the upcoming budget would also assist the youth community, in particular, who seemingly tend to gravitate towards online business.
"Based on record (data) from the Companies Commission of Malaysia (SSM) during the period from March 1 till Oct 31, 2020, a total of 373,213 entities registered their business with SSM for the online business category.
"Online business is extraordinary and flexible so much so that one can work from home, with government servants capable of achieving income more than their salary. Hence, KUSKOP has aksed all its agencies to provide a special scheme to help online entrepreneurs," he told reporters after officiating the closing ceremony of the Selangor small traders and hawkers strengthening programme (PPPPK) here, today.
Noh said the special scheme plan would provide the maximum allocation allowed according to the respective agencies under the ministry.
"Priority will be given to more than 2,000 participants who have attended the (PPPPK) programme to become the first batch of recipients for this scheme under the ministry's agencies," he said.
The programme which successfully gathered 2,836 hawkers and traders is held over 10 series nationwide and Selangor was selected as the final destination for the event.
Meanwhile, he said, in order to make the ministry's digital platform, MyMall, as the leading e-commerce provider that is capable of competing with existing platforms, four e-commerce platforms, namely ODELA by SME Bank, Pybli by Pernas, Angsana Virtual Mall by UDA Holdings and WarongKu had merged and were put under MyMall.
He said the ministry acknowledged that to compete with the existing e-commerce platforms is not an easy task, however, he hoped MyMall is able to be on par with them in the future.
"Currently, the response is very encouraging and (the ministry) will strive to attract more online entrepreneurs to join the platform," he added.
-- BERNAMA
Bernama
Wed Aug 03 2022
Tan Sri Noh Omar said the special scheme to be proposed to the government under the upcoming budget would also assist the youth community, in particular, who seemingly tend to gravitate towards online business. - BERNAMA
China promises Latin America 'trustworthy' ties as Trump lays out demands
Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Major risks loom as Trump upends US Russia policy
Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Pope Francis has double pneumonia, complicating his treatment, Vatican says
Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Philippines' VP Duterte challenges impeachment before Supreme Court
Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch
I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
UAE tells US' Rubio it rejects displacement of Palestinians
The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Taylor Swift wins recording artist of the year crown for fifth time
The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says
Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew
Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Sweden's top court rejects Greta Thunberg lawsuit on climate action
A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
![[COLUMNIST] Trump’s Gaza (pipe) dream](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-10/51728873693_EMIR.jpg "[COLUMNIST] Trump’s Gaza (pipe) dream")
[COLUMNIST] Trump’s Gaza (pipe) dream
The Gaza plan is dangerous and counter-productive as it's merely another recipe for regional instability.
Sivasangari eyes new career-high in world rankings
After climbing to a career-best world number seven, national women's squash ace S. Sivasangari is determined to keep rising.
Outburst against Steven Sim: DAP will probe if there's a complaint - Loke
DAP secretary-general Anthony Loke says the disciplinary committee has not received any reports related to the incident so far.
US judge will not block Elon Musk from firing federal workers, accessing data
The case raises questions about Musk's apparent unchecked authority as a top deputy to President Donald Trump.
Dozens of false killer whales stranded on remote Australian beach
Rescue crews trying to save the majority of the large dolphins that survived the ordeal, according to authorities.
Trump restricts AP access over Gulf of Mexico issue
The AP, citing editorial standards, says it would continue to use the gulf's established name.
China to fly back 200 nationals rescued from Myanmar scam centres, Thai official says
This is part of a multinational effort to crack down on illegal online operations run from the region.
Somber Tiger Woods back in action in TGL loss to New York GC
Tiger Woods makes his first start since the death of his mother when he competed in a TGL match at Palm Beach Gardens.
Brazil's ex-President Bolsonaro charged in alleged coup plot
A total of 34 people were charged, including several military officials.
Trump and Musk target tax enforcers, rocket scientists, bank regulators for job cuts
Concerns grow over transparency, oversight, and Musk's influence on government operations.