KUCHING (Feb 3): Sarawak has announced an additional allocation of RM141.7 million for small and medium enterprises (SMEs) affected by Covid-19, under the Bantuan Khas Sarawakku Sayang (BKSS 5.0).
Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said the additional assistance expected to benefit over 10,000 entrepreneurs in the State, would go towards the existing programmes.
He said under this initiative, an additional RM50 million was for the Sarawak Micro Credit Scheme (SKMS) which provides loans to entrepreneurs.
To facilitate SKMS loan application, he said applicants only need to submit a business permit issued by the municipal council or other local authorities.