<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 20): The Malaysian Cooperative Commission (SKM) has channelled a RM450,000 loan aid to Koperasi Setiajaya Pulau Redang in Terengganu to build an ice factory on the island.</p></div>

<div class=newsTextDataWrapInner><p>SKM executive chairman Datuk Nordin Salleh said such loan aid, provided to the agriculture, livestock, wholesale and retail, services and property sectors, would enable cooperatives to expand and be competitive in a range of services and businesses.</p></div>

<div class=newsTextDataWrapInner><p>“With the ice factory on the island, chalet and restaurant owners, fishermen and fishing vessel operators need not go to the mainland for their ice,” he said, noting that it would be the island’s sole ice factory.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a statement today, he also urged cooperatives to make full use of the government aid to generate income.</p></div>

<div class=newsTextDataWrapInner><p>Last year, the government, through SKM, provided development aid totalling RM5.16 million to 120 cooperatives nationwide, while the TMP-JPK revolving fund gave out RM44.51 million in loans to 34 cooperatives.</p></div>

<div class=newsTextDataWrapInner><p>For Terengganu, RM2.63 million in development aid was channelled to 37 cooperatives, with RM6.89 million in financing from the revolving fund.</p></div>


The Malaysian Cooperative Commission (SKM) has channelled a RM450,000 loan aid to Koperasi Setiajaya Pulau Redang in Terengganu to build an ice factory on the island.

Pulau Redang co-op gets loan aid to build ice factory

Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.

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The Works Ministry (KKR) is projecting spending in the construction sector of RM200 billion, covering the government sector, government-linked companies (GLCs), government-linked investment companies (GLICs) and the private sector, next year.

Works Ministry sees construction spending hitting RM200b in 2025 

PKR president Datuk Seri Anwar Ibrahim on Sunday confirmed that preliminary discussions have taken place within the party regarding rumours of Tengku Datuk Seri Zafrul Abdul Aziz joining PKR.

Anwar confirms initial talks have taken place on Zafrul joining PKR

China's CNOOC Ltd has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.

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Thai Prime Minister Paetongtarn Shinawatra will make her first official visit to Malaysia on Monday to attend the 7th Malaysia-Thailand Annual Consultation to explore potential areas for further collaboration.

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South Korea's acting president, Han Duck-soo, moved on Sunday to reassure the country's allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt.

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The US Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed US$14.9 billion (RM66.3 billion) purchase of US Steel has not yet come to an agreement on how to address security concerns, the Financial Times reported on Sunday.

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The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a release on Sunday from the country’s Department for Business and Trade.

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The founder and owner of fashion empire Mango, Isak Andic, died on Saturday in a mountain accident, police said. He was 71.

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Selangor Menteri Besar Datuk Seri Amirudin Shari stressed that he will remain in the state until the end of this term to ensure the stability of the economy and the unity government.

Amirudin says will remain Selangor MB until end of term 

<p>PKR president Datuk Seri Anwar Ibrahim on Sunday confirmed that preliminary discussions have taken place within the party regarding rumours of Tengku Datuk Seri Zafrul Abdul Aziz joining PKR.</p>


<p>The Works Ministry (KKR) is projecting spending in the construction sector of RM200 billion, covering the government sector, government-linked companies (GLCs), government-linked investment companies (GLICs) and the private sector, next year.</p>


<p>China's CNOOC Ltd has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.</p>


<p>Thai Prime Minister Paetongtarn Shinawatra will make her first official visit to Malaysia on Monday to attend the 7th Malaysia-Thailand Annual Consultation to explore potential areas for further collaboration.</p>


<p>Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.</p>


<p>The US Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed US$14.9 billion (RM66.3 billion) purchase of US Steel has not yet come to an agreement on how to address security concerns, the <i>Financial Times</i> reported on Sunday.</p>


<p>The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a release on Sunday from the country’s Department for Business and Trade.</p>
