Business Registration Scheme Attracts 39K Entrepreneurs

According to Datuk Azman Mohd Yusof, Ministry of Domestic Trade and Customer Affairs, there is a total of 39,315 entrepreneurs who are institutions of higher learning students and entrepreneurs from B40 families have registered for the Prihatin Business Registration Scheme (SPPP) initiative.

Datuk Azman stated that 18001 of the entrepreneurs are IPT students while 21,314 of them are B40 entrepreneurs. He emphasized that legally registering a business can help businesses to enjoy various benefits. These government benefits include financial aid, equipment assistance, and entrepreneur training and guidelines.

Prihatin Business Registration Scheme attracts 39k entrepreneurs

Business Registration Scheme Attracts 39K Entrepreneurs

In the state-level Youth Entrepreneurs Programme 2022, Datuk Azman, who is also the SSM chairman, stated that entrepreneurs could enjoy assistance from Tabung Ekonomi Kumpulan Usaha Niaga, Majlis Amanah Rakyat and Amanah Ikhtiar Malaysia. Customers will also have stronger confidence in the services or products of businesses which have been legally registered.



The most registered sectors through the Prihatin Business Registration Scheme are retail and wholesale, as well as food and beverage. He stated that Youth Entrepeuneur Programme 2022 aimed to produce young entrepreneurs in Malaysia who can drive the country’s economy forward. There is a total of 600 participants in the Youth Entrepreneur Programme.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

GXBank Becomes First Digital Bank To Operate In Malaysia

GXBank, a subsidiary of Grab Holdings, has received approval from the Ministry of Finance and Bank Negara to start operations on September 1

Various Nestle Products Price Increases Range From 5% To 15%

A number of Nestle products will be increased from September onwards. The products include breakfast cereals, Nescafe, coffee creamer and milk powder.

Grab Might Acquire Foodpanda In Southeast Asia?

Delivery Hero, the German parent company of food delivery company Foodpanda, has confirmed that it is in talks to offload Foodpanda’s business in Southeast Asia.

Mynews Collaborate With Edgepoint To Strengthen Digital Experiences

MYNEWS has announced a strategic partnership with EdgePoint to enhance connectivity across all of its myNEWS and CU Convenience Stores