Malaysia has 14,975 registered cooperatives with income of RM22.4b, says minister

Entrepreneur Development and Cooperatives Minister Ewon Benedick said there are now 14,975 cooperatives in the country, generating a total income of RM22.4 billion. He said with a membership of over seven million, the contribution of the cooperative movement through the collection of share capital and fees was as much as RM16.5 billion, while asset generation amounted to RM156.2 billion.

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