Ramanan calls on youths to participate in cooperative sector

PUTRAJAYA: Youths are urged to actively participate in the cooperative sector as it offers significant potential for them, said Deputy Entrepreneur and Cooperatives Development Minister Datuk R. Ramanan.

Through the cooperative sector, he said youths can strengthen their networking in various fields they are involved in, as well as establish connections with other countries.

According to him, Malaysia currently has 15,809 registered cooperatives with a membership of 7.2 million people.

"(Involvement in cooperatives) gives us (youths) an advantage because we gain networking opportunities and friendships from all cooperative members,” he told a press conference after launching the International Cooperative Conference 2024 (ICC 2024) here Wednesday (May 29).

Ramanan added that the introduction of the Universiti Keusahawanan Koperasi Malaysia (UKKM) under the Cooperative Institute of Malaysia (CIM) enables youths to understand the benefits of joining the cooperative sector.

"We need to ensure that youths venture into the cooperative sector... they need to be given training or briefings on the benefits of being in a cooperative," he said, adding that youth involvement will empower cooperatives in the country.

On ICC 2024, Ramanan said the conference provides an opportunity for all parties to present ideas and views that can drive the development of cooperatives.

"ICC 2024 opens the space for close collaboration among countries and ways to upgrade cooperatives in terms of working methods," he said.

Organised by CIM, ICC 2024 was attended by 178 delegates from various countries, including South Korea, Thailand, the Philippines, Australia, Brunei, Indonesia, and India. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Myanmar national detained for alleged rape of Rohingya teen in Ampang
Over RM1bil lost to commercial crime in first half of 2024, says CCID director
Dr M makes surprise visit to Faisal Halim's home
Dr Wee praised Kojadi for accumulating almost RM400mil in assets
M’sian soldier missing during Brunei-M’sia border survey operation
Trailer crashes into herd of cows, killing all six
PAS and unity government are engaged in discussions, says Fahmi
Sg Bakap polls: MACC opens two operations rooms
Terengganu Health Dept denies 16 leptospirosis cases claims
Sg Bakap polls: Behave in a civil manner, Fahmi tells party supporters

Others Also Read