Floods: Govt announces four initiatives to ease burden of affected people, micro-SMEs


KUALA LUMPUR: Prime Minister Datuk Seri Ismail Sabri Yaakob announced four initiatives on Wednesday (Dec 22) that will be implemented by government agencies and the banking sector to ease the burden of people and micro, small and medium enterprises (MSME) affected by the recent massive floods.

Ismail Sabri, in a statement, said Bank Simpanan Nasional (BSN) would provide interest-free personal loans of up to RM5,000, and for this purpose, BSN has allocated RM100mil to help flood victims buy replacements for household equipment and furniture destroyed in the floods.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

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 Nation

Two SK Limau Purut staff members killed in lorry crash
AI boost for palm oil production
Over RM23bil spent on meds for public hospitals, clinics
RCI report on sovereignty issues to be tabled
Cruise ship season makes port
Saving the Malayan tiger
MB: Kids rescued from GISB need a year to recover
Empowering the blind with tech insights
Retiree loses RM570,000 to gold scam
Maximum RM1mil fine for abusing Islamic symbols

Others Also Read