Kuala lumpur: Angkatan Koperasi Kebangsaan Malaysia Berhad (ANGKASA) has reaffirmed its commitment to strengthening the national cooperative movement through digitalisation, improved product quality, and the expansion of business networks across key strategic sectors.
According to BERNAMA News Agency, ANGKASA president Datuk Seri Dr Abdul Fattah Abdullah stated that the empowerment of cooperatives is being driven in line with the Malaysia Cooperative Policy (DAKoM) 2030, National Entrepreneurship Policy 2030, and Malaysia Cooperative Digitalisation Plan 2030 to enhance resilience in the digital era. He emphasized that ANGKASA continues to strengthen the cooperative sector guided by these core pillars, aimed at building the capacity and competitiveness of cooperatives, especially in today’s digital landscape. This was conveyed during the 39th ANGKASA delegates’ general meeting, which was officiated by Dewan Rakyat Speaker Tan Sri Dr Johari Abdul and attended by over 5,000 cooperative delegates nationwide in a hybrid format at WTC Kuala Lumpur.
Abdul Fattah also highlighted the progress of the retail sector’s digitalisation through the BA100 programme, which has registered 3,591 cooperative outlets as of May, surpassing the initial target of 3,000. ANGKASA is targeting RM375 million in sales by 2030 through digital initiatives like the BA100 programme and government support, including an RM6 million allocation announced by Prime Minister Datuk Seri Anwar Ibrahim following the Third National Cooperative Congress.
By 2030, ANGKASA aims to involve cooperatives in strategic ventures, including 850 under ANGKASAMart, 4,295 producing OEM products, 15 under CoopFarmasi, and 100 through CoopUmrah. To date, 42 school cooperatives have recorded revenues exceeding RM1 million, with two surpassing RM2 million.
Efforts to enhance product competitiveness include the redesign of more than 112 Stock Keeping Units (SKUs) packaging, with 148 SKUs having received or in the process of obtaining Halal certification since 2020. ‘From 2020 to 2024, a total of 30 Halal certification development programmes have been implemented, involving 30 cooperatives nationwide, with 148 product SKUs successfully certified or currently under review,’ Abdul Fattah noted.
Meanwhile, Johari highlighted the potential of the cooperative sector, with membership now exceeding 7.2 million nationwide. He stressed that cooperatives can help ease the burden on people by offering goods at lower prices and play a vital role in controlling the cost of living, especially in rural areas. Johari also encouraged cooperatives to explore the agricultural sector as a new income stream and source of food security and urged them to leverage Malaysia’s ASEAN Chairmanship to foster regional partnerships. Additionally, he called for better use of the country’s 1,000-plus National Information Dissemination Centres (NADI) for community development and knowledge sharing.