Ar Rahnu Tekun addressing constraints faced by entrepreneurs
KUCHING: Within five weeks of its operation, Ar Rahnu Tekun Nasional Kuching Branch has provided financing to 300 pawnbrokers through gold mortgages amounting to RM500,000. According to Entrepreneur Development and Cooperatives Minister Tan Sri Noh Omar, for this year, the branch is also targeting a total of RM4mil in gold mortgages in an effort to […]
Applications For SPIN 2.0, CBRM 2.0 financing schemes open Aug 15
PUTRAJAYA: Micro-businesses affected by the Covid-19 pandemic can start applying for financing under the Informal Financing Scheme (SPIN) 2.0 and Covid Business Recovery Financing Scheme (CBRM) 2.0, from Aug 15. Entrepreneur Development and Cooperatives Minister, Datuk Seri Dr Wan Junaidi Tuanku Jaafar, said that a total of RM100 million was allocated for the implementation of […]
Relocation of cooperatives made easier with Act 502 amendments
ALOR GAJAH: Cooperatives are no longer required to obtain approval from the Cooperative Commission of Malaysia (SKM) prior to moving to a new location or when opening a new branch, following amendments to the Cooperatives Societies Act 1993 which came into effect early this month. Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi […]
Tekun POS-preneur to assist micro-credit financing through delivery contracts
KUALA LUMPUR: The government will introduce the Tekun POS-preneur programme under the Strategic Programme to Empower the People and the Economy (Pemerkasa) to assist in micro credit financing in generating revenue through delivery contracts. Prime Minister Tan Sri Muhyiddin Yassin said the funding assistance through Tekun Nasional was given up to RM20,000 for vehicle repairs […]
RM5.15 bln for 86 Medac programmes this year
PUTRAJAYA: The Ministry of Entrepreneur Development and Commodities (Medac) will implement 86 programmes with a total allocation of RM5.15 billion this year for the development of the small and medium enterprises (SME) sector, said Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. He said 86 programmes for entrepreneurs and would-be entrepreneurs were implemented under the […]
RM557.3 million for 49,901 entrepreneurs
KUALA LUMPUR: Tekun Nasional has provided financing amounting to RM557.3 million for 49,901 entrepreneurs nationwide as of October this year, said Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. He said agencies under the ministry, such as Tekun Nasional, provide financing of RM1,000 to RM100,000 for all business sectors. “The Entrepreneur […]
43,200 receive financing worth RM451.36 million
KUCHING: The National Entrepreneur Group Economic Fund (Tekun Nasional) has assisted a total of 43,206 entrepreneurs in various business sectors with financing worth RM451.36 million from March till Oct 18 this year. Entrepreneur Development and Cooperatives (Medac) Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the assistance was meant to help entrepreneurs affected by […]
122 benefit from mobilepreneur programme
KOTA SAMARAHAN: The National Entrepreneur Group Economic Fund (Tekun Nasional) Mobilepreneur 2.0 programme has assisted a total of 122 e-hailing riders in Sarawak with a maximum interest-free financing of up to RM10,000 per person. Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the financing programme has channelled RM1.15 million in […]
Loan truly available: Minister
KUCHING: Batu Lintang assemblyman See Chee How should have first checked with the Entrepreneur Development and Cooperatives Ministry regarding the RM10,000 loan for delivery riders before making any statement that the loan is not available. Its Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar was commenting on See’s remarks that he had visited Tabung Ekonomi […]
Interested to become delivery riders?
KUCHING: Sarawakians interested to work as delivery riders are encouraged to apply for the special motorcycle loan worth RM10,000. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said the ministry through Tabung Ekonomi Kumpulan Usaha Niaga (Tekun) Nasional has established a loan up to a maximum of RM10,000 for the purchase of […]
