Business : Economy To Remain Robust On Data Centre, Digital Infrastructure Investments -- SAMENTA
Ng also said SAMENTA launched ASEAN’s first Circular Economy Certification to help SMEs reduce their raw material and energy dependency, along with a…
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Summary
The RM10 billion credit guarantee via Credit Guarantee Corporation Malaysia Bhd and SJPP, and the increase in the margin of guarantee to 80 per cent, have also provided a crucial bridge for otherwise productive SMEs to borrow more to tide over the crisis. Ng said the government and Bank Negara Malaysia also worked almost seamlessly to provide liquidity support to the SMEs, which included the introduction of the RM5 billion SME Stability Relief Facility (SRG) specifically for impacted SMEs.
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The RM10 billion credit guarantee via Credit Guarantee Corporation Malaysia Bhd and SJPP, and the increase in the margin of guarantee to 80 per cent, have also provided a crucial bridge for otherwise productive SMEs to borrow more to tide over the crisis.
according to BernamaNg said the government and Bank Negara Malaysia also worked almost seamlessly to provide liquidity support to the SMEs, which included the introduction of the RM5 billion SME Stability Relief Facility (SRG) specifically for impacted SMEs.
according to Bernama
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