KOTA KINABALU, April 18 (Bernama) — The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) is actively strengthening efforts to revive inactive cooperatives nationwide through immediate intervention and proposed consolidation. Deputy Minister Datuk Mohamad Alamin said the move is important to ensure these cooperatives remain competitive and are not shut down. As of 2025, more than 30 per cent of the total 16,468 national-level cooperatives have been identified as inactive, he noted. “My concern today is how to reactivate inactive cooperatives. I have requested the Malaysia Cooperative Societies Commission of Malaysia (SKM) particularly to go to the ground and conduct interventions,” […]

KUALA LUMPUR — Maxis and the Ministry of Entrepreneur Development and Cooperatives (KUSKOP) are targeting 6,000 entrepreneurs for digital business training by 2029 under a new Perkasa Halal initiative aimed at strengthening Malaysian businesses and cooperatives participating in the halal economy. Launched by Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong during the Malaysia …

KUALA LUMPUR, Sept 26 (Bernama) — Meta Platforms Inc has launched the Small Business Growth Academy (SBGA) to help Malaysian micro, small and medium enterprises (MSMEs) use AI-enabled tools and WhatsApp for Business to find and connect with customers, improve productivity and grow across borders. The initiative was in partnership with the Ministry of Entrepreneurship and Cooperatives Development (KUSKOP). Meta said research has found that eight in 10 Malaysians prefer messaging to reach a business, and the SBGA supports MSMEs in meeting that demand. “The SBGA delivers free webinars and in-person workshops on AI-enabled advertising, high-performing Instagram Reels, WhatsApp for […]

GEORGE TOWN, May 14 (Bernama) — The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) will organise the Hebatkan Perniagaan Malaysia Town Hall in every state to gather grassroots feedback and convey government policies and initiatives to entrepreneurs and small traders. Entrepreneur and Cooperatives Development Minister Steven Sim said the move was important to ensure the voices of entrepreneurs were taken into account in the decision-making process, as well as to provide explanations of government policies. “The 2026 National Hawkers and Petty Traders Consultative Meeting, which involved representatives from state governments, non-governmental organisations (NGOs), as well as hawkers’ and petty traders’ […]

KEPALA BATAS, April 26 (Bernama) — The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) will hold a meeting with e-commerce portal and platform operators to discuss issues currently faced by online traders. Its Minister Steven Sim said among the matters to be addressed are issues related to return and refund terms for goods purchased through such platforms, among others. “Not only this issue, but certainly many others as well, including how we (KUSKOP) can collaborate with these portal operators in strengthening the micro, small and medium enterprises (MSME) ecosystem, as we see that e-commerce has strong potential and advantages,” he […]

GEORGE TOWN: Ministry of Entrepreneur Development and Cooperatives is intensifying efforts to help micro, small and medium enterprises (MSMEs) improve their business management capabilities so they can better benefit from various government financing facilities and support policies. Its minister, Steven Sim Chee Keong said the initiatives are being carried out through agencies under the ministry, …

KUALA LUMPUR, May 27 (Bernama) — The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has welcomed the role of Credit Guarantee Corporation Malaysia Bhd (CGC) in helping micro, small and medium enterprises (MSMEs) gain access to financing through guarantee schemes, financial advisory services and financing facilitation initiatives. Its Minister Steven Sim said the efforts were crucial in helping underserved MSMEs obtain financing and working capital amid rising operating costs and geopolitical uncertainties linked to conflicts in West Asia. “Many MSMEs, particularly micro and small enterprises, still face difficulties obtaining financing due to limited credit history and high borrowing costs,” he […]

Ditanya mengenai spekulasi beliau bakal memangku portfolio Menteri Pengangkutan susulan kemungkinan peletakan jawatan Anthony Loke, Steven menyerahkan perkara itu kepada Perdana Menteri, Datuk Seri Anwar Ibrahim dan Setiausaha Agung DAP.

PETALING JAYA: The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has introduced a new financing package worth nearly RM20 million alongside a series of regulatory incentives aimed at accelerating the development of Malaysia’s social enterprise sector and encouraging more businesses to formalise their operations. Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong said the … The post KUSKOP Unveils RM20 Million Funding Package to Accelerate Growth of Malaysia’s Social Enterprises first appeared on Wilayah.com.my.

BUTTERWORTH: The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is taking steps to modernise Malaysia’s cooperative sector through the drafting of a new Cooperatives Act while introducing reforms aimed at improving the efficiency and affordability of cooperative-based Ar-Rahnu services. Minister of Entrepreneur Development and Cooperatives Steven Sim Chee Keong said the proposed legislation will replace … The post KUSKOP Moves to Modernise Cooperative Sector with New Legislation and Ar-Rahnu Reforms first appeared on Wilayah.com.my.

KUALA LUMPUR, Sept 25 (Bernama) — Maxis is collaborating with the Ministry of Entrepreneur Development and Cooperatives (KUSKOP) to train 6,000 entrepreneurs by 2029 through the ‘Perkasa Halal’ initiative, aiming to strengthen the growth of businesses and cooperatives within the halal economy. According to Maxis, the initiative launched by the Minister of Entrepreneur Development and Cooperatives, Steven Sim Chee Keong, in conjunction with the Malaysia International Halal Showcase (MIHAS) 2026 combines KUSKOP’s ‘Halal Sukses’ programme with Maxis’ ‘eKelas Usahawan’ (eKU) to enhance the digital skills of entrepreneurs. Through Maxis eKU, participants comprising micro, small, and medium enterprise (MSME) operators—begin by […]

PETALING JAYA: The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has reaffirmed that its programmes to strengthen Malaysian entrepreneurs will continue uninterrupted regardless of political developments or election periods, stressing that business development remains a long-term national priority. Minister Steven Sim Chee Keong said the ministry’s commitment to supporting local businesses is driven by economic … The post KUSKOP Reaffirms Commitment to Empower Entrepreneurs Regardless of Political Climate first appeared on Wilayah.com.my.

KUALA LUMPUR, June 9 (Bernama) — The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has channelled nearly RM40 million to entrepreneurs, companies and cooperatives in Johor in conjunction with the 2026 Empowering Malaysian Businesses (HPM) Carnival and the state-level One District One Industry (SDSI) Mini-Showcase. KUSKOP said the assistance was presented by its Minister, Steven Sim Chee Keong, in the form of mock cheques for financing, grants and financial aid. “The HPM Carnival is KUSKOP’s initiative under the HPM agenda initiated by the minister to strengthen the culture of entrepreneurship, expand business networks, as well as increase access for micro, […]

The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is open to receiving complaints and lists of cooperatives experiencing difficulties obtaining assistance or grants, including from members of the Senate, to ensure that every application is reviewed transparently and thoroughly. Deputy Minister Datuk Seri R. Ramanan said the ministry guarantees that no community cooperative or small […]

Lebih 3,000 PMKS termasuk koperasi telah dibantu KUSKOP untuk mendapatkan pensijilan halal dalam tempoh kira-kira lima tahun lalu.

BANGKOK, May 26 (Bernama) — The Entrepreneur Development and Cooperatives Ministry (KUSKOP) has targeted RM20 million in potential sales among Malaysian small and medium enterprises (SMEs) and cooperatives participating in the THAIFEX-Anuga Asia 2026 exhibition here. THAIFEX-Anuga Asia 2026 (May 25-30) is the largest and most comprehensive food and beverage (F&B) trade exhibition in Asia. Deputy Entrepreneur Development and Cooperatives Minister Datuk Mohamad Alamin said THAIFEX-Anuga Asia serves as an important platform for the Malaysian F&B sector to expand their markets globally. “The participation of local companies and industry leaders will yield long-term trade contracts and strengthen the credibility of […]

KUALA LUMPUR — More than 3,000 Malaysian micro, small and medium enterprises and cooperatives have received assistance to secure halal certification over the past five years, as the government moves to make compliance easier for smaller businesses seeking to expand their markets. Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong said his ministry, KUSKOP, …

KUALA LUMPUR: A total of 182 micro, small and medium enterprises (MSMEs) in Sabah have received financial assistance benefits totaling RM18.9 million under the Bumiputera Enterprise Enhancement Programme (BEEP) 2.0 and BEEP Plus to date. The grant-based assistance was channeled by the Ministry of Entrepreneur and Cooperative Development (KUSKOP) through its agency, SME Corp. Malaysia, […]

KUCHING, Sept 16 (Bernama) — The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has allocated RM1 million for the implementation of five projects comprising new construction and upgrades for tamu desa (rural markets) in the Mas Gading parliamentary constituency, in an effort to expand business opportunities and boost economic activity among the rural communities. It …

SERDANG, Aug 31 (Bernama) — The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) will expedite the disbursement of an additional RM1 billion in microcredit funds to micro, small and medium enterprises (MSMEs), following Prime Minister Datuk Seri Anwar Ibrahim’s announcement yesterday. Minister Steven Sim said the increase in allocation brings this year’s total microcredit funding …

Menteri Pembangunan Usahawan dan Koperasi Steven Sim Chee Keong berkata tambahan itu menjadikan keseluruhan peruntukan dana mikrokredit bagi tahun ini meningkat kepada RM6 bilion daripada RM5 bilion, sekali gus memberikan manfaat terutama kepada usahawan mikro dan kecil yang memerlukan akses pembiayaan.

SEBERANG JAYA,. Kementerian Pembangunan Usahawan dan Koperasi (KUSKOP) menyalurkan peruntukan hampir RM9 bilion menerusi inisiatif Power Up 10K yang membantu 250,000 usahawan Perusahaan Mikro, Kecil dan Sederhana (PMKS) di seluruh negara, setakat Julai lepas. Menteri Pembangunan Usahawan dan Koperasi Steven Sim berkata jumlah itu ialah sebahagian daripada sasaran kementeriannya untuk memastikan sekurang-kurangnya RM15 bilion dimasukkan […]

Menterinya, Steven Sim Chee Keong berkata, perkara itu menjadi antara fokus utama kementerian dalam sesi libat urus bersama pemegang taruh yang sedang berlangsung sebelum cadangan dikemukakan kepada Kementerian Kewangan.

"Kemudahan ini bukan merupakan satu kemudahan yang diwajibkan dan tidak melibatkan semua majikan atau pekerja di Malaysia," menurut kenyataan itu.