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Entrepreneur Development Ministry: Govt implementing various initiatives to ensure cooperatives survival in Malaysia | Money

Entrepreneur Development Ministry: Govt implementing various initiatives to ensure cooperatives survival in Malaysia | Money
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SKM offers moratorium facility

KUALA LUMPUR: The Cooperative Commission of Malaysia (SKM) is offering a moratorium (Moratorium KPP 3.0) via its Revolving Capital Fund (TMPSKM) to he. ....

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Pemerkasa: Facilities increased for SMEs and co-ops

With this addition the facility provided by Bank Negara for SMEs stands at RM6bil.
A fund totalling RM200mil under the Malaysian Industrial Development Finance (MIDF) is available for financing the development of automation, digitalisation and the usage of green technology. MIDF will also lower their interest rates from 5% to 3% for a period of 12 months effective April 1,2021, he said.
Apart from that, Muhyiddin added that an additional allocation of RM50mil for the Smart Automation Grant under Malaysian Investment Development Authority (Mida) will be provided to enable more SMEs and mid-tier companies to enhance operational and manufacturing efficiencies through high-tech processes. ....

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