Kuskop

According to KUSKOP, the mission aims to promote Malaysia's local franchise brands and penetrate further the large market in Indonesia.

KUSKOP is optimistic that the implementation of the 185 programmes proposed in the Budget 2023 can have a positive impact as well as drive the country's development.

Entrepreneurs, especially the younger generation, are advised not to be shy to approach agencies under KUSKOP for guidance and training.

KUSKOP hailed the allocation of RM668.3 million for it in the Budget 2023, with an increase of 21 per cent from the sum in 2022.

KUSKOP has proposed seven new initiatives that focus on the comprehensive development of entrepreneurs in Budget 2023, its minister, Tan Sri Noh Omar, said.

Sugar, cooking oil, flour, rice and frozen chicken, will be sold cheaper than the market price using the brand name COOP.

KUSKOP has introduced the "umbrella concept" with an allocation of RM5 million to help entrepreneurs boost the production of local products.

KUSKOP will create a special scheme to help the online entrepreneurial community further stimulate and expand their businesses.

The Ministry of Entrepreneur and Cooperative Development (KUSKOP) is currently trying to import frozen chicken to ensure sufficient chicken supply in the country.

Noh Omar said entrepreneurs in the industry affected by the floods also could apply for an interest-free cash loan of up to RM100,000.

KUSKOP will implement several measures to reduce the involvement of middlemen so that goods can be sold at cheaper prices.

KUSKOP is aiming to increase the number of entrepreneurs by 20 pct with the merging of four existing e-commerce platforms under the ministry via the creation of the MyMall digital platform.

The move signals the US and China may ease their trade war, calming fears over tariff impacts on the global economy.

'We've been meeting with China' Trump says vaguely but gave no names or details.

Indonesia is prioritising its national interests in its ongoing negotiations over US tariffs, its senior economic minister says.

China does not seek war but is not afraid of it, and would fight if necessary, says Zheng Zeguang.

China supports dialogue and consultation "on equal footing" to settle trade and tariff disputes, says Finance Minister Lan Foan.

In Malaysia, a surprisingly small portion of agricultural land is dedicated to food production. Approximately 1.2 million hectares only are used for food crops, while the majority is used for oil palm (71.4%) and rubber (11.9%)

In such a scenario, it’s essential to pivot Malaysia’s food sovereignty via AgriTech.

NIAGA SPOTLIGHT features Dr Jay Desan, Co-Founder, BoomGrow and Chef Norazizi bin Taslim, Executive Chef, discussing BoomGrow - a homegrown AgriTech startup at the forefront of this transformation, via 5G-enabled, AI-powered vertical farms across Malaysia.

#NiagaSpotlightWithTehminaKaoosji #501Awani #AwaniNews #AgriTech #5G #FoodSovereignity #SustainableFarming #FarmToTable #FutureOfWork #Malaysia #NiagaAWANI #AWANInews

Malaysia open to talks with US on trade deficit, non-tariff barriers, tech security, and possible bilateral trade deal.

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This fast-growing region, namely ASEAN plus China will likely double in economic size over the next decade, says Dr Yao Tang.