KUALA LUMPUR: The Entrepreneur Development Ministry (MED) is now known as the Ministry of Entrepreneur Development and Cooperatives (MEDAC).
“In line with the government’s initiative to empower the cooperative movement, the Cabinet has agreed on the Ministry of Entrepreneur Development being rebranded to the Ministry of Entrepreneur Development and Cooperatives – MEDAC,“ the ministry said in a statement today.
It was reported that the ministry decided to table the proposal to rebrand itself at today’s Cabinet meeting following requests from cooperative members, as there had been uncertainty on which ministry was in charge of cooperatives. - Bernama
