Soft loans at low interest rate to continue

THE Sarawak government will continue to provide soft loans at a low interest rate of 4 per cent based on monthly reducing balance through Skim Kredit Mikro Sarawak (SKMS) and Skim Pinjaman Industri Kecil dan Sederhana (SPIKS). International Trade, Industry and Investment Minister Datuk Amar Awang Tengah Ali Hasan said to date, RM76.06 million has […]

RM7.76 mln approved for 652 youth entrepreneurs

MIRI: Up to August this year, the state government had approved a total of RM7.76 million for 652 youth entrepreneurs throughout Sarawak via the Graduates Towards Entrepreneurship (GERAK) and Technical and Vocational Entrepreneurships (USTEV) programmes. This was revealed by Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan who is also the Minister of International […]

RM40 mln more allocation under BKSS

KUCHING: The state government has provided additional allocations for three measures under the Sarawakku Sayang Special Assistance (BKSS) packages aimed at assisting small and medium enterprises (SMEs). The Small and Medium Industries Loan Scheme (SPIKS) received an additional allocation of RM20 million while the programmes Graduates-to-Entrepreneurs (Gerak) and Technical and Vocational Entrepreneurs (Ustev) each received […]

Moratorium period extended until Dec

KUCHING: The state government has agreed to extend the moratorium period for the Sarawak Micro Credit Scheme (SKMS) from October until December this year. Initially, the state government allowed the postponement of the SKMS repayment for six months from April to October, 2020. Chief Minister Datuk Patinggi Abang Johari Tun Openg explained that the move […]

Bumi entrepreneurs attend business talk

MUKAH: Some 70 bumiputera entrepreneurs in this division attended a talk “Entrepreneurship: Sarawak Micro Credit Scheme (SKMS)” at Dewan Suarah Mesra here yesterday. The programme was organised by the Sarawak Malay Economy Chamber (Dekoms) in collaboration with Agrobank Sarawak Region. It involved a talk on Dekoms organisation by its secretary-general, a meeting of Mukah Division […]

Fed, state govts to rescue SMEs

KUCHING: The federal and state governments have been helping to alleviate the burden of small and medium enterprises (SMEs) affected by the Covid-19 pandemic and movement control order (MCO). This was pointed out by Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan during a Sarawak SME Dialogue titled ‘Covid-19: Recovery and Empowerment of SME […]

307 micro credit applications for RM12.42 mln received

KUCHING: The Sarawak Micro Credit Scheme (SKMS) under the Sarawakku Sayang Special Aid Package has received 307 applications with total loan and financing valued at about RM12.42 million so far, Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said. “Agrobank has received a total of 254 applications, with total financing loans of RM10.24 mln while Sarawak […]