SemarakNiaga will help Malaysia stay on strong economic recovery path


Prime Minister Datuk Seri Ismail Sabri Yaakob

KUALA LUMPUR: The government wants to ensure that the country is on a strong economic recovery path through the implementation of the SemarakNiaga Keluarga Malaysia Programme (SemarakNiaga), which receives an allocation of more than RM40 billion under Budget 2022.

Prime Minister Datuk Seri Ismail Sabri Yaakob said SemarakNiaga not only supports businesses by providing working capital injections or financing, but also through equity injections -- or taking up shares or an equity stake in a company -- for businesses affected by the COVID-19 pandemic.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Major Apple supplier Foxconn's Q3 profit up 14% on AI boom
All eyes on China at APEC event
Asia shares stumble; long-end US bond yields rise with dollar
MAA projects Malaysia's 2024 vehicle sales to increase to 800,000 units
MISC's net profit slips to RM338.9mil in 3Q
Bursa falls as China's economy weighs on regional sentiment
Ringgit opens flat following US inflation report
Vstecs shares jump 10% on profit surge
FBM KLCI rises as US inflation data meets expectations
Trading ideas: Scientex, Bumi Armada, Pasdec, Aizo, Dayang, MClean, Uzma, AGX, PUB, Elk-Desa, MMHE, JPG

Others Also Read