Name change for Entrepreneur Development Ministry to include Cooperatives

KUALA LUMPUR: The Entrepreneur Development Ministry (MED) is now known as the Ministry of Entrepreneur Development and Cooperatives (MEDAC).

“In line with the government’s initiative to empower the cooperative movement, the Cabinet has agreed to the ministry being rebranded as the Ministry of Entrepreneur Development and Cooperatives, MEDAC,” it said in a statement today.

It was reported that the ministry decided to table the proposal to rebrand itself at today’s Cabinet meeting following requests from cooperative members, as there had been uncertainty about which ministry isin charge of cooperatives. – Jan 22, 2020, Bernama

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