Beef prices are down sharply in the past year, hitting the agriculture industry hard but giving consumers’ wallets a break
SEREMBAN: The Malaysian Cooperative Societies Commission has approved Revolving Capital Fund financing amounting to RM85.9mil for cooperatives engaged in large-scale projects as of April.
"This includes Collateral Financing , Micro Cooperative Financing , Start-Up Financing , Sustainable Financing , Best 100 Cooperatives Financing and Good Pay Master Financing . He noted that as of last December, 15,809 cooperatives were registered with a membership of 7.2 million nationwide, involving annual fees of RM17.4bil, with assets totaling RM165.8bil and revenue of RM64bil.
"This number is very low and it would be a loss if the Indian community does not become aware and take the opportunity to get involved in cooperatives. The government also provides various initiatives to help the community through the cooperative movement," he said.
SKM Revolving Capital Fund TMP Entrepreneur Development And Cooperatives Ministry R Ramanan
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SKM approves TMP funding of RM85.9 mln for large-scale cooperative projectsSEREMBAN: The Malaysian Cooperative Commission (SKM) has approved Revolving Capital Fund (TMP) financing amounting to RM85.9 million for cooperatives ...
Read more »
SKM lulus pembiayaan TMP RM85.9 juta kepada koperasi jalankan projek berskala besarSEREMBAN: Suruhanjaya Koperasi Malaysia (SKM) meluluskan pembiayaan Tabung Modal Pusingan (TMP) berjumlah RM85.9 juta kepada koperasi yang menjalankan...
Read more »
Indonesian singer Bunga Citra Lestari's husband probed for allegedly misappropriating RM1.9milSEOUL (Reuters) - A Samsung Electronics union in South Korea is due to stage on Friday the first walkout at the technology giant, but some analysts did not expect the labour action over pay and conditions to have a major impact on chip production.
Read more »
258 prison inmates among 445 celebrated by SWCorp at SKM course convocationSERDANG: Solid Waste and Public Cleansing Management Corporation (SWCorp) today celebrated the achievements of 445 people, including 258 prison inmate...
Read more »
Malaysia needs 200,000 tonnes of beef to meet annual demand, says Mat SabuThe popular singer, who emerged as the winner of the reality entertainment programme GV7 or Gegar Vaganza, was charged with possessing 0.39 grammes of heroin.
Read more »
Diesel subsidy rationalisation: Govt to beef up enforcement to curb price hikes, says Treasury sec-genKUALA LUMPUR, June 13 — The government will focus on and step up the enforcement to make sure there is no disproportionate increase in prices after the recent implementation of...
Read more »