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 […]
Adapt to survive
KUCHING: Small and medium enterprises (SMEs) and micro entrepreneurs have been urged to change their marketing strategies and business models during the movement control order (MCO) period. Entrepreneur Development and Cooperatives Development Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said this was in order to achieve business sustainability as conventional methods were no longer […]
Go out of norm, entrepreneurs told
KUCHING: Since setting up stalls by the roadside is a big ‘No’, Sarawakians, especially women entrepreneurs, have to venture out of the norm during the month of Ramadan. According to Welfare, Community Wellbeing, Women, Family and Childhood Development Minister Datuk Seri Fatimah Abdullah, the state government has initiated 11 Bazaar Ramadan Online Sarawakku Sayang (BROSS) […]
MTUC Sarawak sees widespread retrenchment
KUCHING: Malaysian Trades Union Congress (MTUC) Sarawak foresees that adverse economic consequences due to the Covid-19 pandemic is inevitable and businesses will find it very hard to pick up where they left off even after the movement control order (MCO) is lifted. MTUC secretary Andrew Lo said when the time comes companies might have to […]
EPF launches e-CAP to support affected SMEs
KUALA LUMPUR: The Employees Provident Fund (EPF) has launched the Employer Covid-19 Assistance Programme (e-CAP) to support small and medium-sized enterprises (SMEs) affected by the global pandemic. In a statement today, chief executive officer, Tunku Alizakri Raja Muhammad Alias said e-CAP gives eligible SMEs the flexibility to apply for a deferment and restructuring of the […]
Surviving in tough times
Business is one of the many roots of a country’s economy. Ever since the commencement of movement control order (MCO) on March 18, most businesses have been on idle mode with little to no income generated. Finding ways to keep business running Realising the importance of helping small businesses in these troubled times, Prime Minister […]
Go for e-commerce, SMEs urged
KUCHING: Small and medium enterprises (SMEs) should grab the opportunity to go for e-commerce in response to Covid-19 outbreak, said retail industry experts on Zoom Live Online forum on last Thursday (April 16) night. The drastic revenue drop following the implementation of the movement control order (MCO) was not only affecting SMEs but also felt […]
Allow certain agencies to operate
Federation: Allow certain government agencies to operate KUCHING: Federation of Kuching, Samarahan and Serian Divisions Chinese Associations president Datuk Richard Wee is of the view that certain government agencies should be considered as essential services and be allowed to operate on a limited basis during the movement control order (MCO) period. In order to still […]
Waive requirement for loans
KUCHING: The government has been asked to temporarily waive the requirement for submitting renewed licences or permits for businesses and small and medium enterprises (SMEs) hoping to apply for government loans and facilities. Kuching Chinese General Chamber of Commerce and Industry (KCGCCI) secretary-general Jonathan Chai Voon Tok made the call yesterday. He said this should […]
Small-timers not forgotten ― here’s RM1.1 billion for you
Chief Minister Datuk Patinggi Abang Johari Tun Openg came to the aid of small and medium enterprises (SMEs), micro enterprises, petty traders and hawkers when he announced on Friday a second aid package ― Bantuan Khas Sarawakku Sayang (BKSS 2.0) ― valued at RM1.1 billion. Following is the full text of the announcement: Assisting small, […]
