Latest news with #AbdulFattahAbdullah
The Sun
22-05-2025
- Business
- The Sun
ASEAN states urged to include cooperatives in national development policies
KUALA LUMPUR: ASEAN member states have been urged to incorporate cooperatives into their respective national development policies to ensure better alignment of cooperative-related strategies across the region. Angkatan Koperasi Kebangsaan Malaysia Berhad (ANGKASA) president Datuk Seri Dr Abdul Fattah Abdullah said this move is vital in positioning cooperatives as a regional economic force on par with other sectors. 'Currently, cooperatives are perceived as a marginal sector, involving only certain groups. It has yet to develop into a larger movement compared to other economic sectors,' he said during Bernama TV's Dari Kuala Lumpur ke Dunia programme aired tonight. Abdul Fattah said that not all ASEAN member states have recognised cooperatives in their national policies, resulting in gaps in direction and regional economic participation. He stressed that ASEAN should adopt a more inclusive approach to allow cooperatives to actively contribute to regional policy formulation, in line with their extensive membership base. 'At the ASEAN level, the cooperative movement comprises more than 300,000 cooperatives with nearly 66 million members. However, this movement has yet to be given due recognition within the regional economic administration structure. 'We must collaborate, explore business opportunities from various regions, and compete globally. Otherwise, we risk being left behind,' he said. Abdul Fattah, who also serves as ASEAN Cooperative Organisation president, said the proposal would continue to be raised with ASEAN leaders through the ASEAN Cooperative Dialogue 2025 resolution to ensure cooperatives are no longer sidelined in the region's economic development ecosystem. The 46th ASEAN Summit will commence with the Senior Officials' Meeting on May 23, followed by the ministerial-level meeting on May 25, while the Heads of Government meeting will begin on May 26.
Barnama
22-05-2025
- Business
- Barnama
ASEAN States Urged To Include Cooperatives In National Development Policies
KUALA LUMPUR, May 22 (Bernama) -- ASEAN member states have been urged to incorporate cooperatives into their respective national development policies to ensure better alignment of cooperative-related strategies across the region. Angkatan Koperasi Kebangsaan Malaysia Berhad (ANGKASA) president Datuk Seri Dr Abdul Fattah Abdullah said this move is vital in positioning cooperatives as a regional economic force on par with other sectors. 'Currently, cooperatives are perceived as a marginal sector, involving only certain groups. It has yet to develop into a larger movement compared to other economic sectors,' he said during Bernama TV's Dari Kuala Lumpur ke Dunia programme aired tonight. Abdul Fattah said that not all ASEAN member states have recognised cooperatives in their national policies, resulting in gaps in direction and regional economic participation. He stressed that ASEAN should adopt a more inclusive approach to allow cooperatives to actively contribute to regional policy formulation, in line with their extensive membership base. 'At the ASEAN level, the cooperative movement comprises more than 300,000 cooperatives with nearly 66 million members. However, this movement has yet to be given due recognition within the regional economic administration structure. 'We must collaborate, explore business opportunities from various regions, and compete globally. Otherwise, we risk being left behind,' he said. Abdul Fattah, who also serves as ASEAN Cooperative Organisation president, said the proposal would continue to be raised with ASEAN leaders through the ASEAN Cooperative Dialogue 2025 resolution to ensure cooperatives are no longer sidelined in the region's economic development ecosystem. The 46th ASEAN Summit will commence with the Senior Officials' Meeting on May 23, followed by the ministerial-level meeting on May 25, while the Heads of Government meeting will begin on May 26.
The Sun
22-05-2025
- Business
- The Sun
ASEAN: Integrate cooperatives in national development
KUALA LUMPUR: ASEAN member states have been urged to incorporate cooperatives into their respective national development policies to ensure better alignment of cooperative-related strategies across the region. Angkatan Koperasi Kebangsaan Malaysia Berhad (ANGKASA) president Datuk Seri Dr Abdul Fattah Abdullah said this move is vital in positioning cooperatives as a regional economic force on par with other sectors. 'Currently, cooperatives are perceived as a marginal sector, involving only certain groups. It has yet to develop into a larger movement compared to other economic sectors,' he said during Bernama TV's Dari Kuala Lumpur ke Dunia programme aired tonight. Abdul Fattah said that not all ASEAN member states have recognised cooperatives in their national policies, resulting in gaps in direction and regional economic participation. He stressed that ASEAN should adopt a more inclusive approach to allow cooperatives to actively contribute to regional policy formulation, in line with their extensive membership base. 'At the ASEAN level, the cooperative movement comprises more than 300,000 cooperatives with nearly 66 million members. However, this movement has yet to be given due recognition within the regional economic administration structure. 'We must collaborate, explore business opportunities from various regions, and compete globally. Otherwise, we risk being left behind,' he said. Abdul Fattah, who also serves as ASEAN Cooperative Organisation president, said the proposal would continue to be raised with ASEAN leaders through the ASEAN Cooperative Dialogue 2025 resolution to ensure cooperatives are no longer sidelined in the region's economic development ecosystem. The 46th ASEAN Summit will commence with the Senior Officials' Meeting on May 23, followed by the ministerial-level meeting on May 25, while the Heads of Government meeting will begin on May 26.
Barnama
22-05-2025
- Business
- Barnama
ANGKASA Hands Over RM100,000 In Sponsorship To Koperasi LLM Bhd For ACNR2025
PUTRAJAYA, May 22 (Bernama) -- Angkatan Koperasi Kebangsaan Malaysia Bhd (ANGKASA) has handed over RM100,000 in sponsorship to Koperasi LLM Bhd to organise the ASEAN Cultural Night Run @ Penang 2nd Bridge (ACNR2025). ANGKASA president Datuk Seri Dr Abdul Fattah Abdullah, also the president of the ASEAN Cooperative Organisation (ACO), handed over the sponsorship to Koperasi LLM Berhad chairman Datuk Idrus Mat Tais yesterday. The ceremony was witnessed by the Minister of Entrepreneur and Cooperative Development, Datuk Ewon Benedick. ACNR2025 will be held on August 16 on the Penang 2nd Bridge, also known as the Sultan Abdul Halim Mu'adzam Shah Bridge. ANGKASA, in a statement, said that the programme will bring together more than 3,000 participants, including cooperative members, from all over Malaysia and ASEAN countries. "The programme is organised in conjunction with the celebration of the International Year of Cooperatives 2025 (IYC2025) as well as to celebrate Malaysia's chairmanship of ASEAN this year," it said. Through the organisation of ACNR2025, ANGKASA believes that it can strengthen cooperation among cooperatives at the ASEAN level, while positioning Malaysia as a regional hub for a progressive and competitive cooperative movement. More interestingly, ACNR2025 will be held at night, providing a unique experience for participants to appreciate the beautiful panorama from the iconic and magnificent Second Penang Bridge. Participants are also encouraged to wear traditional attire as a celebration of the harmony and rich cultural diversity that defines Malaysian society.
Barnama
15-05-2025
- Business
- Barnama
Call For ASEAN To Recognise ACO As Official Cooperative Voice On Regional, Global Stages
KUALA LUMPUR, May 15 (Bernama) -- ASEAN member states have been called upon to unite in officially recognising the ASEAN Co-operative Organisation (ACO) as the primary representative body for cooperatives in the region, to strengthen their influence both regionally and globally. ACO president Datuk Seri Dr Abdul Fattah Abdullah made the call through four key resolutions presented during the ASEAN Cooperative Dialogue 2025 (ACD2025). The two-day event, held from May 13 in Petaling Jaya, featured ACO's Annual General Meeting, Sectoral Assembly, the ASEAN Cooperative Forum, and the ASEAN Cooperative High-Level Discussion. Abdul Fattah emphasised that formal recognition of ACO would elevate the cooperative sector to a status on par with other economic sectors within ASEAN's governance structure. 'Such recognition would allow ACO to participate directly in policy formulation, present strategic proposals, and advocate effectively for cooperative agendas across regional platforms. 'With over 300,000 cooperatives and 65.7 million members across ASEAN, ACO plays a unifying role, giving cooperatives in the region a consolidated voice on the global stage,' he said in a statement today. Abdul Fattah, who is also president of the Malaysian cooperative movement, Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa), said that ACD2025 marked a significant step in linking cooperative movements with ASEAN policymakers, ensuring that cooperative interests are included in regional development strategies. He affirmed that the efforts initiated during ACD2025 would not end with the dialogue, as ACO will continue collaborating with governments and regional partners to embed cooperatives more deeply in national and ASEAN economic policies. The four resolutions were the product of joint discussions among ASEAN cooperative ministries, registrars, apex bodies, and Malaysia's premier cooperatives.
