'HEBATKAN PERNIAGAAN MALAYSIA' MAIN FOCUS OF FIRST 100 DAYS IN KUSKOP - STEVEN SIM

KUALA LUMPUR, March 27 (Bernama) -- “Hebatkan Perniagaan Malaysia” has been the main focus of Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong in the first 100 days of helming the ministry.

Sim said that throughout his first 100 days, the  Entrepreneur Development and Cooperatives Ministry (KUSKOP) recorded various important achievements, including a boost to financing funds, empowerment of the micro, small and medium enterprises (MSME) and improving the national entrepreneurial ecosystem.

“A hundred days in KUSKOP together with Malaysian entrepreneurs. Thank you KUSKOP staff, you delivered!

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“I have only a single focus: Hebatkan Perniagaan Malaysia. We want to ‘Power Up’ Malaysian businesses, regardless of race and religion, Power Up, Jalan Teruih!,” he posted on Facebook today.

He also shared an infographic showing his achievements during the first 100 days as minister, including raising Bumiputera financing funding under Tabung Ekonomi Kumpulan Usaha Niaga Nasional (TEKUN Nasional) from RM300 million to RM500 million, introducing a new financing scheme of RM100 million through SME Bank and Bank Rakyat to help Chinese MSMEs as well as raising financing funding for Indian entrepreneurs under the Indian Community Entrepreneur Development Scheme from RM30 million to RM50 million.

He also introduced the RM50 million Ramadan dan Perniagaan Rakyat Financing Scheme (BARAKAT) for Bumiputera MSMEs during Ramadan, provided the RM30 million Chinese-owned Micro Entrepreneur Special Financing Programme (BERKAT) under SME Corp for Chinese New Year, and the RM3 billion Women Entrepreneur Economy Fund (DEWI) to benefit 300,000 women entrepreneurs in the country.

A business agreement worth RM2 billion was also signed under the Makkah Halal Forum 2026 and the ministry recorded RM90 million sales through participation of Japan Foodex.

Efforts to improve cooperatives have been intensified with the allocation of RM254 million, described as the highest in history, and the implementation of the Business School Malaysian Skill Certificate (SKM) to make the school cooperative movement into a Business School platform for students.

-- BERNAMA