Financial ecosystem must give MSMEs more support — MOF
KUALA LUMPUR, July 18 — The Credit Guarantee Corporation Malaysia Bhd (CGC), financial institutions and development financial institutions are encouraged to allocate more resources to...
Tekun Nasional supports over 580,000 entrepreneurs with RM9.44 bln financing since 1998
BUTTERWORTH, June 29 — The National Entrepreneurial Group Economic Fund (Tekun Nasional) has disbursed RM9.44 billion in business financing to 581,697 entrepreneurs since its inception...
Funds for Indian entrepreneurs to be fully utilised by August — Deputy minister
KUALA LUMPUR, June 28 — The RM50 million allocation provided under the Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i) aimed at micro, small, and medium enterprises...
Significant increase in grants for startups in 2023 — Ministry
KUALA LUMPUR, March 4 — The Science, Technology and Innovation Ministry (Mosti) has witnessed a significant increase in the amount of early-stage grant funding for high-potential startups...
Proton Commerce eyes higher loan disbursements after record 2023
KUALA LUMPUR, Jan 29 — Proton Commerce Sdn Bhd, the financing arm of Proton, is eyeing an even higher number of loan disbursements in 2024 as it strives...
BNM: At least half of local banks’ new financing to be climate-friendly
KUALA LUMPUR, Dec 3 — Malaysia is expecting to see at least half of new financing by the local banks aligned with climate-supporting or transitioning activities...
Introduce home financing, rent schemes in Budget 2024 — Advisers
KUALA LUMPUR, Sept 27 — In a move to tackle the rising cost of living, financial advisory firm FA Advisory Sdn Bhd has proposed that the...
Govt to boost iTekad grant allocation by RM6mln to assist micro entrepreneurs
KUALA LUMPUR, Aug 22 — The government will increase its grant allocation for the iTekad social finance programme by RM6 million to assist micro, small...
PKNS targets over RM100 mln in housing loan applications via MOU with BSN
SHAH ALAM, May 22 — The Selangor State Development Corporation (PKNS) aims to receive over RM100 million in housing loan applications following the signing of...
Tekun Nasional disburses RM8.3 bln in micro loans since 1998
TANJUNG MALIM, April 16 — The National Entrepreneurial Group Economic Fund (Tekun Nasional) has disbursed RM8.3 billion in micro-financing since its establishment in 1998 until...
Ringgit strengthens in 4Q22 on encouraging global developments, domestic political certainty
KUALA LUMPUR, Feb 10 — The ringgit ended the fourth quarter of 2022 (4Q 2022) stronger by 5.3 per cent against the US dollar, buoyed...
Hijrah provides funding for agribusinesses up to RM50,000
SHAH ALAM, Nov 28 — The i-Agro financing scheme, which grants cash up to RM50,000, is open to applications from agricultural and farming entrepreneurs who...