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MEDAC continues to develop women, youth entrepreneurs through assistance, collateral-free financing initiatives

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 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

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

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 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 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

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

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

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 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

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

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 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 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 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
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024