Entrepreneurs get help via interest rate subsidies
KAPIT: The Sarawak government has provided interest rate subsidies for three and a half years for the small and medium enterprises (SMEs) in the state. According to a report from the Sarawak Public Communication Unit (UKAS), Deputy Minister of International Trade, Industry and Investment (MINTRED) Datuk Dr Malcolm Mussen Lamoh said the subsidies, which are […]
10 Kapit SMEs receive digitalisation grants
KAPIT: The Ministry of International Trade & Industry, Industrial Terminal and Entrepreneur Development (MINTRED) has been entrusted to implement the Go Digital Programme that offers a maximum grant of RM10,000. Its minister, Datuk Amar Awang Tengah Ali Hasan said so far, 600 entrepreneurs had received assistance worth RM6 million since its implementation in 2021. “This […]
Kudos to SMEs
By Alverdtekoster & Lee Shaw Wei SAMARAHAN: Small and medium entrepreneurs (SME) accounted for 95.8 per cent of the country’s economy. According to International Trade and Investment Minister Datuk Amar Awang Tengah Ali Hasan, the business community here played its role in providing various job opportunities, generating incomes as well as contributing to the economy. […]
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 […]
Prioritise set-up, policies
KUCHING: The 2021 State Budget tabled last week is vital to invigorate the economy and the government must prioritise business infrastructure and business-friendly policies. This is in order to build a resilient economy, said Sarawak Entrepreneur Association (SEA) president Nizam Khalyd. “The 2021 State Budget is pragmatic in keeping with the times. It focuses on […]
More banks to be appointed for SMEs’ subsidy applications
THE state government has plans to appoint more banks to process small and medium enterprises’ (SMEs) applications for Special Relief Fund (SRF) interest subsidy under the Sarawakku Sayang Assistance Package (BKSS) 2.0. Assistant Minister of International Trade and Industry, Industrial Terminal and Entrepreneur Development Datuk Mohd Naroden Majais said the state government was in the […]
Commerce chambers happy with involvement of more banks
KUCHING: Sarawak Chamber of Bumiputera Entrepreneurs (DUBS) president Datuk Abang Helmi Ikhwan hopes that the involvement of more banks in the Special Relief Fund (SRF) scheme would help to improve the number of Bumiputera recipients. “So far, Bumiputera businesses have largely been left out of these facilities because of stringent approval conditions,” he told New […]
F&B operators navigate through MCO to sustain business
KUALA LUMPUR: As the movement control order (MCO) enters its 18th day today, food and beverage (F&B) businesses across the country, from cafe and restaurant owners to big-name fast-food outlets, manufacturers and retailers continue to feel the impact of Covid-19. Under the second phase of the MCO starting April 1, supermarkets, restaurants, and food delivery services are […]
