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Amanah Ikhtiar Malaysia has approved RM1.6 billion in financing for nearly 185,000 entrepreneurs across Malaysia in the first six months of 2024, with the government pledging to streamline lending processes.
A 21-year-old aquaculture student at Jeli Polytechnic has built a profitable terrarium business from YouTube tutorials, combining sustainability with innovation. His creations range from RM10 to RM570.
Philippine President Ferdinand Marcos Jr. has unveiled a comprehensive tax relief package targeting workers and small business owners, citing the need to cushion economic pressures from global uncertainties including the Middle East crisis.
Malaysia's domestic trade ministry has introduced a 300-litre monthly diesel quota for small companies and local contractors through fleet cards, effective since the targeted subsidy programme launched on July 1 in Sabah, Sarawak, and Labuan.
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DAP's Lim Guan Eng has cast doubt on Deputy Prime Minister Ahmad Zahid Hamidi's commitment to helping small and medium enterprises, demanding concrete policy measures including loan relief and revised pension contribution rules.
Malaysia's Inland Revenue Board has unveiled MyInvois e-POS, a free digital point-of-sale platform aimed at helping micro, small and medium enterprises navigate digitalisation and meet 2024 e-Invoice compliance requirements.
The 16th Johor state election has triggered a surge in orders for Pak Ajes, a 65-year-old coffee entrepreneur in Kampung Parit Sidek. He has doubled production to serve campaign teams and election machinery across multiple constituencies.
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 has opened applications for its Subsidised Diesel Control System covering company-owned jeeps and pickup trucks operated by micro and small businesses, with diesel subsidies available from July 15 pending approval.
Malaysia's government is intensifying a campaign to inform entrepreneurs about RM5 billion in micro-financing available through six agencies. Treasury officials say awareness remains low despite positive uptake among traders.
Malaysia's government has approved more than RM500 million in micro-financing for over 30,000 entrepreneurs since mid-May, as part of broader efforts to sustain small businesses facing economic pressures.