Screenshot
GEORGE TOWN: A total of RM4bil has been disbursed under the government’s RM15bil “PowerUp 10K” financing initiative for the micro, small and medium enterprises (MSMEs) sector as of April this year, says Datuk Ewon Benedick.
Entrepreneur Development and Cooperatives Minister Steven Sim said the financing had benefited more than 150,000 companies and entrepreneurs nationwide.
He said one of the ministry’s key performance indicators this year was to channel RM15bil into the MSME sector through various agencies under the ministry.
“As of the end of April, about RM4bil has been successfully disbursed,” he told reporters after officiating the Jualan Madani Koperasi and Karnival Keluarga programme at Persiaran Karpal Singh here on Sunday.
Sim said a one-stop portal would soon be launched to allow the public to monitor the financing progress, including updates on disbursements and participating agencies.
He added that agencies such as Tekun Nasional, Amanah Ikhtiar Malaysia, SME Bank and Bank Rakyat continued supporting MSMEs and cooperatives.
WellCall Holdings may rise if RM1.19 resistance is breached, otherwise selling pressure could increase.
FEYTECH shows potential for a price increase if it breaks RM0.245 resistance, but risks decline…
Kerjaya Prospek Group’s subsidiary secured a RM52.5m subcontract for a 275kV consumer landing station, boosting…
MI Technovation raised its FY26-28F earnings forecast by 15-16%, expecting growth from improved operations and…
US slaps 12.5% tariff on Singapore exports, citing forced labour concerns; Singapore rejects claims, vows…
Sirena Superyachts has launched its flagship 42m vessel in Istanbul ahead of its world debut…
This website uses cookies.