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Credit Guarantee Corporation Malaysia honoured 32 MSMEs and financial institutions at its 31st awards ceremony. New RM10 billion Bank Negara Malaysia-CGC guarantee schemes launched to support business expansion and sustainability.
Prime Minister Anwar Ibrahim has pledged to expedite loan approvals for Malaysia's micro, small and medium enterprises, citing new timelines where some facilities process applications within five to 15 working days.
Malaysia's government-backed financing company SJPP has greenlit RM4.9 billion in loans for more than 6,000 small and medium enterprises during the first half of 2026, as part of broader efforts to strengthen the nation's entrepreneurial base.
Malaysia's Small and Medium Enterprises Association is pushing for greater transparency in MSME financing through mandatory public reporting and whistleblower protections to eliminate political patronage and cronyism in loan approvals.