Women’s Cooperatives in Sabah Urged to Enhance Revenue Performance

Kota kinabalu: Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick has called on all women's cooperatives, particularly in Sabah, to further boost their revenue performance. Ewon highlighted that currently, 250 women's cooperatives have been registered nationwide, generating a combined revenue of RM16.2 million. In Sabah alone, 33 registered women's cooperatives report a total revenue of RM1.3 million, he stated during the closing ceremony of the Women's Cooperatives Leadership and Entrepreneurship Seminar.

According to BERNAMA News Agency, the two-day seminar, which concluded today, saw the participation of 150 attendees. The event aimed to address the relatively low revenue figures of women's cooperatives in Sabah compared to the state's over 1,900 registered cooperatives. The seminar, held for the first time in Sabah, was designed to enhance the performance of these cooperatives by providing a platform for sharing information, motivation, and encouragement among participants.

The seminar was attended by key figures such as Angkatan Koperasi Kebangsaan Malaysia Berhad (ANGKASA) president Datuk Seri Dr Abdul Fattah Abdullah, Cooperative Institute of Malaysia director-general Datuk Mohd Ali Mansor, and Malaysia Cooperative Societies Commission chief executive officer Noor Afifah Abdul Razak. Ewon emphasized the importance of these gatherings in supporting cooperative members and women entrepreneurs to stay competitive and resilient while aligning with national policies like the Malaysian Cooperative Policy (DaKoM) 2030 and the National Entrepreneurship Policy (DKN) 2030.

Furthermore, Ewon outlined the ministry's latest initiative to support business activities of cooperatives and entrepreneurs in Malaysia. He mentioned that the MADANI Government has introduced various incentives catering to the needs of entrepreneurs and cooperatives in Sabah and Sarawak, reflecting the government's ongoing commitment to fostering economic growth and sustainability in the cooperative sector.