BUSINESS PERFORMANCE OF COOPERATIVES IN MALAYSIA: ISSUES, CHALLENGES AND FUTURE DIRECTION
The performance of business in cooperatives sector should be grown rapidly every year. It is in line with the goals of its establishment which aims to mobilize the resources of the members for their economic and welfare benefits. Nevertheless, the cooperatives’ membership which has recorded rapid growth each year does not support the significant increase of some of its key economic performance indicators. In this regard, this study aims to examine the development of cooperatives business in Malaysia in order to know the current position of its performance. In addition, the study also examines several issues arising from the performance of the cooperatives business and the challenges they face. The data and figures discussed are derived from secondary sources especially from SKM and ICA, as well as references from previous studies. Some suggestions are also discussed for future directions.