TEKUN disburses RM23m in financing to indian entrepreneurs as of May 1
Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme.
'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community.
'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said.
He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here.
Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things.
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Discussions with Russia's Energy Ministry explored collaboration as Malaysia refines its National Energy Transition Roadmap. Moscow's expertise in nuclear technology, through its state-owned corporation Rosatom, offers solutions for sustainable energy by advancing the peaceful use of nuclear power for electricity generation and reducing reliance on fossil fuels. This collaboration would modernise Malaysia's power grid while supporting Asean-wide initiatives, like the Asean Power Grid, for sustainable regional energy collaboration. Malaysia's defence relationship with Russia, established by the landmark MiG-29 purchase in 1994, remains a cornerstone of our relationship. Today, the focus has shifted to artificial intelligence (AI), critical to modern defence. His Majesty's visit to Moscow's Tochka Kipeniya Technology and Innovation Centre, which showcases advanced AI systems, highlights their rapid advancements in this field, offering Malaysia opportunities to enhance its defence capabilities. Russia's cutting-edge innovation presents Malaysia with a timely opportunity to explore drone technology and AI-driven security solutions. Malaysia could cautiously pursue calculated collaboration in autonomous warfare drone technology by leveraging Russia's expertise in autonomous systems. Through joint research and technology exchange, such efforts would strengthen national security and underscore our commitment to innovation. However, given concerns over autonomous weapons and geopolitical sensitivities, such engagements must align with Malaysia's strategic interests and international norms. While my meetings were marked by optimism, a key challenge persists in navigating the network of international sanctions, which hinders these opportunities. 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