ALOR SETAR, Oct 22 (Bernama) -- The Co-operative Societies Commission of Malaysia (SKM) has been urged to simplify aid applications and cut red tape to encourage more cooperatives to tap available business development funds.
General : SKM Told To Simplify Aid Applications, Cut Red Tape
Mohamad Alimin, SKM, cooperatives, aid, revolving
Key points
- Deputy Entrepreneur and Cooperatives Development Minister Datuk Mohamad Alimin said applications remained low despite various government initiatives to support cooperative business growth.
- At the event, Mohamad Alimin also presented RM1.9 million in business development assistance to 15 cooperatives and RM200,000 in revolving capital financing to another cooperative to support business expansion.
- The deputy minister said additional assistance was also available to cooperatives involved in food security and agriculture.
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