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Malaysia's Entrepreneur Minister Steven Sim has called on local companies to prioritise innovation and quality over cost-cutting, backing a strategic shift toward original Malaysian-designed products competing globally.
Agrobank has unveiled Halal@Agrobank, an ambitious five-year programme to nurture 10,000 agrifood entrepreneurs and channel RM1 billion into halal-certified businesses, addressing misconceptions about halal production and positioning Malaysia in a US$10 trillion global market.
Sabah is leveraging the JOM MALAYSIA initiative to propel local products onto the world stage, with Chief Minister Hajiji Noor highlighting record trade expo participation and RM95.9 million in potential sales as proof of the state's export competitiveness.
Since its 2022 launch, Sabah's youth entrepreneurship initiative has distributed RM21 million to 6,951 young business owners across the state, spanning agriculture, food production, cosmetics and beyond.