KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (MEDAC) fully supports the provision of incentives for entrepreneurs, comprisi.
KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (MEDAC) fully supports the provision of incentives for entrepreneurs, comprisi.
14 Apr 2021 / 21:26 H. Bernama
KUALA LUMPUR: A total of RM420.8 million has been channelled through the Micro Credit Financing under the Short-term Economic Recovery Plan (Penjana) to benefit 12,651 micro, small and medium enterprises (SMEs) as of April 2.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pix) said the number included applicants from the retail and services sectors.
He said that for SME soft loans funds, as of April 2, 2021, the total amount approved by local banks and accepted by SMEs was RM11.87 billion, benefitting 25,289 SMEs.
For the financing of the PENJANA tourism sector, as of April 2, there were 636 applications for this financing, and out of this total, 315 applications were approved with a total financing of RM62.9 million compared to 626 applications, out of which 308 applications were approved with a total financing of RM61.9 million, the previous week.
Thursday, 11 Mar 2021 03:24 PM MYT
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz (centre) and Transport Minister Datuk Seri Wee Ka Siong (left) are pictured at a Malaysia Prihatin event at the Putrajaya International Convention Centre March 1, 2020. Picture by Shafwan Zaidon
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KUALA LUMPUR, March 11 The government has approved 6,973 applications with a total loan value of RM1.315 billion under the National Economic Recovery Plan (Penjana) Small and Medium Enterprise (SME) Financing scheme as at Feb 26, 2021 compared with RM1.258 billion last week.
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the total allocation of RM2 billion under this scheme prioritised SMEs which have not received loans from banks previously.
Govt has approved RM1 315b under PENJANA SME Financing scheme, says Tengku Zafrul theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.