the sun malaysia ipaper logo 150x150
Tuesday, June 30, 2026
28.5 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

KUSKOP to boost MSME growth and third-sector empowerment under 13MP

KUALA LUMPUR:The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) will drive micro, small and medium enterprise (MSME) expansion and third-sector empowerment under the newly tabled 13th Malaysia Plan (13MP). Minister Datuk Ewon Benedick outlined key strategies to strengthen business ecosystems and enhance social entrepreneurship.

KUSKOP’s initiatives will focus on improving MSME resilience, increasing third-sector visibility, and promoting inclusive business models. These efforts align with core policies such as the National Entrepreneurship Policy, MSME Strategic Plan 2030, and the Malaysian Social Entrepreneurship Roadmap 2030.

“Public service reforms, including the Government Service Efficiency Commitment Bill (ILTIZAM) and GovTech enhancements, will support these goals,” Ewon said. He emphasized a whole-of-government approach to advance entrepreneurship and cooperative development.

Collaboration platforms like the National Entrepreneur and SME Development Council will facilitate inter-ministerial and stakeholder coordination. Ewon also highlighted the government’s commitment to bridging regional disparities, particularly in Sabah and Sarawak.

“The blue economy agenda in Sabah reflects its potential to drive eastern Malaysia’s growth,” he added. Ewon reaffirmed KUSKOP’s dedication to the Domestic Look East Policy and praised progress on Malaysia Agreement 1963 (MA63) resolutions. – Bernama

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

China’s digital hub Hangzhou hosts conference on AI, OPC

HANGZHOU, CHINA - Media OutReach Newswire - 30 June 2026 - The inaugural AI+OPC Innovation and Development Conference was held from June 29 to 30 in Shangcheng District, Hangzhou, capital city of east China's Zhejiang Province.

OTP Bank Becomes First EU Financial Institution to Open a EUR 7 Billion EMTN...

BUDAPEST, HUNGARY and HONG KONG SAR - Media OutReach Newswire - 30 June 2026 - OTP Bank Plc. ("OTP Bank" or "OTP"), the leading banking group in Central and Eastern Europe (CEE), today marked the establishment of its EUR 7 billion Euro Medium Term Note (EMTN) programme on the Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange" or "HKEX") with a commemorative gong ceremony at the Connect Hall, Hong Kong Stock Exchange. OTP is the first European Union financial institution to open an EMTN programme on the exchange.

Greenworks Deepens Its Localisation Strategy in Europe, Building a New Pillar for Global Growth

FLORENCE, ITALY - Media OutReach Newswire - 30 June 2026 - At the Greenworks European Dealer Conference, Greenworks announced the rollout of its 24V PowerAll power tool range across Europe, marking the completion of its rollout across the United States, Asia-Pacific and Europe. It marks a new phase in its strategy, with power tools becoming a core pillar alongside its established garden tool business.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings