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ABCD strategy: Sim unveils RM600mil plan to turbocharge Malaysian entrepreneurs

Published on 18 Dec 2025 2:37:15 PM

Newly appointed Entrepreneur and Cooperative Development Minister Steven Sim hit the ground running on his first day in office on Thursday (Dec 18 ), announcing significant increases in financing funds for entrepreneurs across all communities as part of his strategic ABCD approach to steering Malaysia's business growth.

He also announced that a six-month interest-free moratorium would be provided to PMKS and cooperatives affected by floods, covering loans from seven agencies under KUSKOP.

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