NEWS

Govt to provide RM95 mln micro credit financing to empower women entrepreneurs



KUALA LUMPUR, Nov 6  -- The government will provide a special micro credit financing scheme totalling RM95 million to empower women entrepreneurs in the country, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz announced today.

Tabling Budget 2021 in Parliament today, he said the financing would be channeled through TEKUN Nasional, Majlis Amanah Rakyat (MARA) and AgroBank.

Tengku Zafrul said RM50 million would also be provided under the Malaysian Islamic Development Foundation (YaPEIM) to support Islamic financing activities through Ar-Rahnu BizNita.

“The support programme, especially for packaging and labeling, marketing strategy and business technical support, will be offered to more than 2,000 women entrepreneurs through the Micro Entrepreneur Business Development Programme (BizMe),” the minister said.

He said the government would also provide a programme particularly for Bumiputera women contractors to spur their participation in government contracts.

-- BERNAMA

 

 





OTHER NEWS

Budget 2022: Impact on fixed income market almost negligible, says Manulife

KUALA LUMPUR, Nov 12 -- The impact from Budget 2022 on the fixed income market is almost negligible, given that there were no major surprises in terms of the country’s debt financing requirement and fiscal position, said Manulife Investment Management (Manulife).


Govt needs to look for other ways to increase revenue beyond Budget 2022 taxes - Expert

KUALA LUMPUR, Nov 11 -- Budget 2022 tax initiatives may not contribute significantly to government revenue and there is a need to look for other ways to increase it for the sustainable economic growth of the country, according to a tax expert.


Budget 2021 formulated based on valid data - MoF

KUALA LUMPUR, Dec 16 -- Budget 2021 was formulated based on reports presented by relevant bodies whose data could be determined to be valid, the Ministry of Finance (MoF) said.


HIGHLIGHTS

EXCLUSIVE

ECONOMIC REPORT

Budget 2021: MoT to provide incentives to lighten people’s burden - Wee 

KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.


2021 Budget : MAFI, private sector must co-operate to optimise Budget 2021

KUALA LUMPUR, Nov 16  -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...

Budget 2021 described as inclusive for all in tourism sector

KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...


BNC LIVE


BUDGET SPEECH


© 2025 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution