KUALA LUMPUR: Angkatan Koperasi Kebangsaan Malaysia Berhad (Aangkasa) has welcomed the RM50mil allocation to the Cooperative Commission of Malaysia (SKM) under the 2026 Budget, calling it a clear demonstration of the government's commitment to recognising cooperatives as a vital component of the country's economic ecosystem.
In a statement, Angkasa said the initiatives, which focused on targeted aid, strengthening small and medium-sized enterprises (SMEs), and boosting community economic development, were expected to enhance the growth and capacity of cooperatives. These efforts would help cooperatives continue to serve as drivers of economic growth at various levels.
