Govt Drafting New Act To Empower Local Cooperatives, Minister Says

Quick Summary:

The Entrepreneur Development and Cooperatives Ministry is currently drafting a new act to replace the Cooperative Societies Act 1993 (Act 502) to empower local cooperatives.

Minister Datuk Ewon Benedick said the Cabinet paper on the matter was presented to the Cabinet and it was agreed in principle on Jan 8.

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Article Details

Author / Journalist: Adrian Phung

Category: EconomyBusiness

Markets: Malaysia

Topics: Drafting New act Government News Ewon benedick Local cooperatives

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 09:12:39 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 250 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28140382

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About Business Today

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Update Frequency: 37 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 9 hours ago

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