KOTA KINABALU, 26 October 2026 (The Capital Post) – The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has channelled nearly RM1 billion in financing to 45,000 entrepreneurs and cooperatives in Sabah as of September 2026.
The ministry also allocated RM30.53 million for the implementation of 134 Tamu Desa projects between 2024 and 2026 to support local entrepreneurship and economic development.
The figures were highlighted in conjunction with the closing ceremony of the Hebatkan Perniagaan Malaysia (HPM) Sabah Carnival 2026, held at Lintasan Deasoka, Kota Kinabalu, from 23 to 25 October.
The ceremony was officiated by Sabah Deputy Chief Minister III and State Minister of Industrial Development, Entrepreneurship and Transport Datuk Ewon Benedick, representing the Sabah Chief Minister.
The carnival, themed “Bikin Lokal Jadi Hebat, Usahawan Onsoiii!”, served as a platform to promote local products, expand business networks and encourage digital adoption among entrepreneurs.
As of 24 October, the event had attracted 35,000 visitors and recorded sales exceeding RM263,000.
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It also generated potential business matching opportunities worth RM999,000 involving 47 entrepreneurs.
The programme featured the Sabah TikTok Shop Entrepreneur Awards, recognising entrepreneurs who successfully utilised digital platforms to grow their businesses.
Also present were Deputy Entrepreneur Development and Cooperatives Minister Datuk Mohamad Alamin, Sabah Tourism, Culture and Environment Minister Datuk Jafry Ariffin and KUSKOP Secretary-General Dato’ Sri Khairul Dzaimee Daud.
According to a post on the official Facebook page of Kementerian Pembangunan Usahawan dan Koperasi, the carnival reflects the ministry’s efforts to strengthen Sabah’s entrepreneurial ecosystem through financing, business opportunities and digitalisation – The Capital Post
