MEDAC continues to develop women, youth entrepreneurs through assistance, collateral-free financing initiatives
Agencies under MEDAC have provided various assistance and financing initiatives without collateral to help women and youth entrepreneurs, to start and expand businesses.
Mon Feb 20 2023
MEDAC tracking down entrepreneurs affected by Baling floods
MEDAC is in the midst of identifying micro, small and medium enterprises as well as entrepreneurs under the ministry who have been affected by the floods in Baling.
Sat Jul 09 2022
MEDAC minister to head Malaysian delegation to ICA Assembly in Spain
Tan Sri Noh Omar will be heading the Malaysian co-operatives delegation to the ICA Elective General Assembly, in Seville, Spain, starting tomorrow.
Sat Jun 18 2022
RM9.5 million channelled to 150 cooperatives affected by COVID-19
The Ministry of Entrepreneur Development and Cooperatives has channelled an allocation of RM9.5 million to 150 cooperatives affected by COVID-19 this year.
Tue Apr 19 2022
MEDAC tracking down flood-hit entrepreneurs in Terengganu, Kelantan
MEDAC is in the midst of identifying entrepreneurs under the ministry who have been affected by the floods in Terengganu and Kelantan.
Fri Mar 04 2022
MEDAC plans to set up distribution centres for coop marts in each state
MEDAC is committed to setting up collection and distribution centres for cooperative shops (Coop Marts) in each state by the end of this year.
Tue Feb 22 2022
MEDAC will help expand corn industry to meet supply of animal feed
The Ministry of Entrepreneur Development and Cooperatives (MEDAC) will assist in expanding the grain corn industry to meet the supply of animal feed for livestock.
Mon Feb 14 2022
More coop marts to be established to lighten people's burden with cheaper goods
Noh said the aim was for cooperatives to play a bigger role in helping people cope with the rising cost of living.
Mon Jan 24 2022
Tekun Nasional approves 3,986 SPIM applications to-date - Noh
MEDAC, through TEKUN Nasional, has approved a total of 3,986 applications worth RM33 million for SPIM to-date.
Sun Jan 16 2022
MEDAC introduces MyMall app to reduce costs borne by entrepreneurs
MEDAC will launch the 'MyMall' application which will bring together all e-commerce platforms under the ministry in the near future.
Wed Dec 01 2021
No legal action against loan defaulters currently - Noh Omar
Agencies under the Ministry of Entrepreneur and Cooperative Development (MEDAC) will for now, not take legal action against entrepreneurs who fail to repay their loans.
Tue Nov 30 2021
MEDAC to present Cabinet paper on issues facing entrepreneurs
The Ministry of Entrepreneur Development and Cooperatives (MEDAC) will present a Cabinet paper on problems and issues entrepreneurs in various fields are facing.
Wed Nov 10 2021
MEDAC to ensure 847 UDA-owned business premises fully operational by year end
MEDAC is aiming to ensure that 847 business premises in shopping complexes owned by UDA Holdings Bhd (UDA) in the country are fully operational by the end of this year.
Sun Nov 07 2021
Entrepreneurs trained under MEDAC confirmed to receive business loans
Entrepreneurs trained under MEDAC are confirmed to receive financial loan assistance in order to give them an opportunity to start a business.
Wed Nov 03 2021
MEDAC targets 10 per cent mosques to set up own cooperative next year
MEDAC is targeting 10 per cent of the 7,005 mosques nationwide to set up their own cooperatives next year.
Tue Nov 02 2021
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024