KUSKOP To Lead MSME Scaling, Third-sector Empowerment
KUSKOP Minister Datuk Ewon Benedick said the ministry is committed to strengthening MSME business models and ecosystems, enhancing third-sector resilience and visibility, and increasing participation in inclusive business ventures.
He said these pillars will be guided by core policies, including the National Entrepreneurship Policy, National Franchise Policy, Malaysian Cooperative Policy, National Hawkers and Small Traders Development Policy, MSME Strategic Plan 2030 and the Malaysian Social Entrepreneurship Roadmap 2030, all of which will be further enhanced alongside other strategic frameworks.
'These goals will also be supported by public service reforms such as the implementation of the Government Service Efficiency Commitment Bill (ILTIZAM), the strengthening of GovTech, improved governance, project management reforms and a stronger social economy ecosystem,' he said in a statement today.
Ewon added that KUSKOP is committed to advancing entrepreneurship, cooperatives and the social economy through a whole-of-government approach.
He said this would be carried out through platforms such as the National Entrepreneur and SME Development Council, the National Entrepreneurship Development Council, as well as other consultative bodies involving collaboration between ministries, state governments and stakeholders.
Ewon also welcomed the MADANI Government's continued commitment to addressing regional development gaps between Peninsular Malaysia, Sabah and Sarawak, and improving the socio-economic status of the Anak Negeri Sabah and Bumiputera Sarawak communities.
'As long as I am entrusted to lead KUSKOP, I will uphold this commitment with renewed focus through the Domestic Look East Policy - KUSKOP's perspective,' he said.
Ewon said the blue economy empowerment agenda in Sabah reflects the government's recognition of the state's potential to drive economic growth in the eastern region.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
6 hours ago
- New Straits Times
Works minister denies viral RM26mil gratuity payment letter
KUALA LUMPUR: Works Minister Datuk Seri Alexander Nanta Linggi has denied the authenticity of a letter dated July 28, 2025, which went viral on social media, purportedly from the ministry regarding a gratuity payment to an individual. He said that the letter was fake and was never issued by the ministry or himself. "The ministry never issued any official invitation for such a gratuity payment ceremony. As such, I advise the public not to be deceived by such documents, which clearly contain elements of fraud and impersonation," he said. He said the ministry is working closely with the authorities to investigation the matter. The public is urged to verify any suspicious documents or communications allegedly from the ministry through its official website at or by calling the official hotline. Earlier, a letter had gone viral on social media claiming that a gratuity payment of over RM26 million was supposed to be presented to the next of kin of an individual at a ceremony to be held at the ministry tomorrow. - Bernama
New Straits Times
6 hours ago
- New Straits Times
MoF: Targeted subsidies for RON95 petrol to be unveiled by end of September
KUALA LUMPUR: The Finance Ministry (MoF) said the detailed implementation plans for targeted subsidies for RON95 petrol will be announced by end of September, in line with Prime Minister Datuk Seri Anwar Ibrahim's statement on July 23. In a written parliamentary reply, MoF said the government is actively developing and testing the subsidy targeting mechanism to ensure smooth execution upon rollout. "This includes refining data from agencies such as the National Registration Department, Road Transport Department and the Department of Statistics Malaysia (DoSM)," it said. "The government aims to adopt a more comprehensive approach to ensure RON95 subsidies reach the intended target groups." MoF was responding to a question from Mohd Sany Hamzan (PH-Hulu Langat), who asked for an update on the subsidy retargeting implementation, particularly the front-end and back-end phases announced by the Economy Ministry. According to MoF, once implemented, the retargeted subsidy mechanism will allow eligible Malaysians to enjoy RON95 at RM1.99 per litre through MyKad verification. Non-citizens and those ineligible for the subsidy will pay the unsubsidised market rate. Earlier, Finance Minister II Datuk Seri Amir Hamzah Azizan, who has taken over the duties of the economy minister, said the first detailed application of the Central Database Hub (Padu) will be for implementing targeted subsidies for RON95 recipients, pending its full rollout.
Free Malaysia Today
6 hours ago
- Free Malaysia Today
Changes to 13MP weren't out of nowhere, says ministry
Prime Minister Anwar Ibrahim (centre) and other Cabinet members holding up the 13th Malaysia Plan document outside the Dewan Rakyat last week. (Bernama pic) PETALING JAYA : The changes made to the 13th Malaysia Plan following Rafizi Ramli's resignation as economy minister were not sudden, according to the government. The economy ministry said the amendments were instead part of its measures to ensure the 13MP was aligned with the Madani economy's aspirations. 'The changes and amendments made to the 13MP draft were not sudden in nature or outside of our planning. 'The preparation of the 13MP, meant for the next five years, was executed based on necessity following holistic negotiation processes involving all stakeholders,' it said in a written parliamentary reply. The ministry said 'overhauls and revisions' were made throughout the document's preparation to ensure every view and proposal received was taken into account while staying true to the government's main policies. It was replying to Ronald Kiandee (PN-Beluran), who had asked what drastic policy changes necessitated the 13MP being amended at the last minute. Kiandee, a Bersatu vice-president, was referring to the announcement on June 27 that finance minister II Amir Hamzah Azizan was given the duties of the economy portfolio and tasked with amending and overhauling the 13MP. Amir had said he received 'a lot of feedback' from other ministers which necessitated an overhaul of the 13MP. Rafizi questioned why the 13MP needed to be revamped. However, he later said he was happy that nearly all the major policy reforms he had included were retained in the tabled version of the document.
