Second Finance Minister Datuk Seri Amir Hamzah Azizan said SJPP has given approval to provide guarantees for MSME financing up to RM20 billion and is expected to guarantee up to 90% of the financing for MSMEs, particularly those involved in the green economy, advanced technology, healthcare and halal businesses.
“Since the extension of time is dismissed, this court is not seized with the jurisdiction to hear the merits of the judicial review application.
KUALA LUMPUR (Nov 18): The board of directors in 1Malaysia Development Bhd (1MDB) was used to make illegal transactions seem legitimate as information given to them was misleading and concealed from them, said former 1MDB director Tan Sri Ismee Ismail (pictured).
KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) welcomes the Financial Management & Resilience Programme (URUS) by Agensi Kaunseling dan Pengurusan Kredit (AKPK) and the banking industry, which seeks to aid B50 borrowers with performing loans who have lost their jobs or who are experiencing income loss of at least 50%.
KUALA LUMPUR (Aug 3): With the recent launch of the iComm MPAJ application by Ampang Jaya Municipal Council, residents here will find it a breeze to keep track of and pay their assessment bills.
KUALA LUMPUR (July 22): The Ministry of Finance (MoF) today launched the National Supply Chain Finance Platform, dubbed as "JanaNiaga", with an aim to assist small and medium enterprises (SMEs) in maintaining a healthy cash flow while also limiting credit risk to financiers or financial institutions in Malaysia.
KUALA LUMPUR (July 6): Individuals, microenterprise borrowers and SMEs that are affected by the pandemic may start applying for the six-month moratorium from tomorrow onwards, via banks’ website, email or phone call.
KUALA LUMPUR (July 3): Bank Negara Malaysia has allocated another RM2 billion for the Targeted Relief and Recovery Facility (TRRF) to provide relief for those in the services sector, bringing the total allocation for the facility to RM6 billion, as part of a list of enhancements to the Central Bank’s initiatives for SMEs.
KUALA LUMPUR (June 27): Two out of three small to medium enterprises (SMEs) do not foresee their businesses recovering this year, according to the Small & Medium Enterprises Association (Samenta).
JOHOR (June 18): Johor businesses are still hopeful and looking forward to a Kuala Lumpur to Johor Bahru high-speed rail (HSR) link.
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