MADANI JMKU Programmes Record Nearly RM10 Million In Sales Since 2022

KUALA LUMPUR, June 26 (Bernama) -- More than 150 series of the MADANI Cooperative and Entrepreneur Sales Programme (JMKU), held at 128 locations nationwide since 2022, have generated nearly RM10 million in sales.

Entrepreneur Development and Cooperatives (KUSKOP) Minister Datuk Ewon Benedick said the initiative, organised with Malaysia Cooperative Societies Commission (SKM), supports the MADANI economic framework’s focus on improving people’s well-being.

He added that the Vendor Capacity and Capability Development Programme (PPKV) recorded total sales of RM1.23 billion through the participation of 108 vendors.

“Last year alone, KUSKOP implemented 204 programmes that benefited close to 800,000 entrepreneurs, including micro, small and medium enterprises (MSMEs), cooperatives, social enterprises, hawkers, and petty traders,” he said at the launch of SME Bank’s Budget 2025 Initiative, attended by Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ewon also highlighted that KUSKOP had upgraded or built 98 Tamu Desa premises in Sabah and Sarawak, with a total allocation of RM19 million between last year and early this year.

He reaffirmed the ministry’s commitment to driving entrepreneurship and cooperative development in line with the MADANI Economic Framework and the National Entrepreneurship Policy 2030.

On the SME Bank-led Budget 2025 Initiative, Ewon said it underlines the vital role of development financial institutions in supporting national efforts to enhance the competitiveness and resilience of local entrepreneurs.

“The launch reflects the government’s strong intent to ensure every ringgit under Budget 2025 delivers tangible benefits, especially to the entrepreneurial community,” he said.

He expressed confidence that the initiative would enable more MSMEs to expand their capacity, explore new markets, and adapt to current demands, including digitalisation, sustainability, and exports.

MSMEs, he noted, form the backbone of the economy, making up nearly 97 per cent of all businesses in Malaysia.

Earlier, SME Bank announced a RM211 million strategic initiative to support the government’s MADANI Economic Framework as part of its mandate under Budget 2025.

  -- BERNAMA