Sarawak unveils additional RM1.1 bil stimulus package for SMEs

Malaysia News News

Sarawak unveils additional RM1.1 bil stimulus package for SMEs
Malaysia Latest News,Malaysia Headlines
  • 📰 fmtoday
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

The chief minister says the state government will collaborate with banks to provide interest-free loans. FMTNews Sarawak Covid19

Sarawak Chief Minister Abang Johari Openg says the interest-free loan scheme will benefit more than 40,000 SMEs in the state.

KUCHING: Sarawak today unveiled a second stimulus package worth RM1.1 billion for small and medium-sized enterprises to mitigate the impact of the Covid-19 pandemic. Chief Minister Abang Johari Openg said he had received requests from a number of business associations and chambers of commerce to consider assistance to SMEs, micro enterprises as well as hawkers and petty traders since he announced the first “Sarawakku Sayang” package on March 23.

He said the state government would be collaborating with banks to provide interest-free loans to SMEs under the Bank Negara Malaysia special relief fund .“The financial implication for the interest rates subsidy over the three-and-a-half years is RM80.7 million,” he told reporters in a press conference at Wisma Bapa today.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sarawak sedia pakej rangsangan RM1.1 bilion bantu PKSSarawak sedia pakej rangsangan RM1.1 bilion bantu PKSKetua menteri Sarawak berkata, kerajaan negeri akan bekerjasama dengan bank untuk menyediakan pinjaman tanpa faedah kepada PKS. FMTNews Sarawak PKS
Read more »

Police hand out RM1,000 fine for violating MCOPolice hand out RM1,000 fine for violating MCONSTnation: Violators will be given two weeks to settle the RM1,000 compound. Failure to do so will land them in court. MCO MovementControlOrder Coronavirus covid19 StayAtHome DudukRumah
Read more »

Ingkar PKP kompaun RM1,000Ingkar PKP kompaun RM1,000putrajaya POLIS Diraja Malaysia menguatkuasakan tindakan kompaun RM1,000 terhadap mereka yang ingkar arahan Perintah Kawalan Pergerakan (PKP) bermula hari ini.
Read more »

RM1,000 compound fine for those defying MCO begins todayRM1,000 compound fine for those defying MCO begins todayPolice say once issued, the compound notice will have to be settled at any health ministry office within two weeks. FMTNews MCO Covid19 PDRM
Read more »

RM1,000 compounds for MCO defiers beginning today: Bukit AmanRM1,000 compounds for MCO defiers beginning today: Bukit AmanKUALA LUMPUR: The police will begin issuing RM1,000 compound notices to those who defy the Movement Control Order (MCO) from today, according to Bukit...
Read more »

Medical officer among 15 fined RM1,000 for defying MCO | The Malaysian InsightMedical officer among 15 fined RM1,000 for defying MCO | The Malaysian InsightThey have been found guilty of gathering for social activities in Ipoh on April 5.
Read more »



Render Time: 2025-03-12 21:07:25