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 […]

Due assistance will be given: GPS Backbenchers

KUCHING: Further assistance will be given to hawkers, petty traders and small to medium-sized assistances (SMEs) where needed, said the Gabungan Parti Sarawak (GPS) Backbenchers Club. “The state government has been expedient in assisting the people affected by the Covid-19 pandemic and have rolled out assistance to different groups through the Bantuan Khas Sarawakku Sayang […]

‘Practical to involve more banks to give out loans’

KUCHING: The expansion of interest-free soft loans for small-medium enterprises (SMEs) under the Sarawakku Sayang Special Aid (BKSS) 2.0 by getting more banks involved is a practical approach, said Jonathan Chai Voon Tok. The Kuching Chinese General Chamber of Commerce and Industry (KCGCCI) secretary-general when contacted yesterday said, “This would benefit a wider spectrum of […]

Additional fund to assist Sarawak SMEs

KUCHING: The Sarawak government yesterday announced a second stimulus package worth RM1.1 billion to ease the financial burden of the state’s micro, small and medium enterprises, as well as hawkers and petty traders to assure continuity of their business following this Covid-19 and movement control order (MCO) period.  Chief Minister Datuk Patinggi Abang Johari Tun Openg said the […]