To be a member
An eligible participant must meet the followings:
- Has attained the age of eighteen years
- Resident or have property or working in the Cooperative operations area, and A person who remains in force against a conviction for a registrable offense, or mentally incapacitated, or is not an undischarged bankrupt, or was expelled from membership of any society in a period of one year.
- Application for membership shall be accompanied by the entry fee of RM10.00 and RM100.00 minimum capital charge.
SMALL RETAILER TRANSFORMATION PROGRAMME
The small retailer transformation programme (or Program Transformasi Kedai Runcit, Program TUKAR), is focused on assisting small retailers to modernize and remain competitive. It involves the upgrading of small retailers currently in business. Small retailers face a number of business and demographic trends that are affecting their revenue and in many cases their existence. Market research conducted by Universiti Teknologi Malaysia (UTM) revealed that some small retailers face closure due to modern retailers (e.g. large-format operators) setting up shop in their vicinity
The modernization of small retailers can improve sales by up to 30 present. Increased sales result from attracting more customers, and customers spending more in the revamped stores that now offer a comfortable, modern, well-lit and clean environment with modern management and retailing techniques, similar to that of the large-format stores. This environment augments the small retailers’ advantage of being able to offer convenience by being located in the neighbourhood.
Automotive Workshop Modernisation
Currently, there are few policies or regulations governing the automotive workshops in Malaysia. Without regulations, there are large variations in the quality and service levels provided in this sector. There is also a perception of a lack of transparency in the services the workshops provide and in the charges they levy on customers. And as there is no structure governing the skill levels of the mechanics or technicians, there is also a variation in skill levels
As such, the ability of this sector to absorb and assimilate the latest technological advancements is limited. With the large number of Malaysian vehicles (13.7 million) and its owners spending an estimated RM10 billion on maintenance every year on their vehicles, there is a significant demand for automotive workshops.
Workshops that provide better service quality, coupled with transparency of charges, could encourage higher spending by vehicle owners through, for instance, more regular servicing, purchase of premium service packages and sales of peripherals.
Cooking Oil Subsidized Scheme
Ministry of Plantation Industries and Commodities has approved the subsidy quota allocation of cooking oil amounting to 500 tan metrics per month to Koperasi Suria Malaysia Berhad (KSMB). KSMB will take on the role of wholesaler of the RBD palm olein cooking oil and supply it to appointed 7 toll packers. KSMB charges administration fee from the toll packers for the total amount of oil collected.
Below are the lists of organisations / companies / banks that provide business loans:
SPECIAL SECRETARIAT FOR EMPOWERMENT OF INDIAN ENTREPRENEURS (SEED), PRIME MINISTERS DEPARTMENT
Level 4, SME 1, Block B, Platinum Sentral,
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur.
Tel: +603 2775 6214, 6205, 6204
Mobile: +60133979009, +60192839009