PM: Covid-19 caused cooperatives to lose more than RM10bil in 2020


KUALA LUMPUR: The Covid-19 pandemic has resulted in cooperatives losing more than RM10bil last year, says Prime Minister Tan Sri Muhyiddin Yassin.

As with other industry sectors, Muhyiddin said, the cooperatives sector was among those affected because of the decrease in acquisition value and loss of jobs and this had impacted cooperative members who are largely from the B40 group.

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