PUTRAJAYA, Dec 3 — Prime Minister Datuk Seri Ismail Sabri Yaakob today announced new initiatives for hawkers and petty traders involving an allocation of RM48.5 million for micro financing programme and another RM25 million for the implementation of Night Market Transformation.
He said under the micro financing programme, the hawkers and petty traders can apply for Shariah-compliant microcredit financing with a zero per cent profit rate from Bank Rakyat. The programme offers microcredit financing of between RM10,000 and RM50,000 with a repayment period of up to five years, he said when launching the 2021 Keluarga Malaysia Hawkers and Petty Traders Day and the National Night Market Transformation Programme here.
“No profit rate will be imposed on the applicants, only a management cost of one per cent will be charged on their collection,” he said. — Bernama
Fishing for early adopters
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
RM73.5 juta untuk program pembiayaan mikro, transformasi pasar malam | Harian MetroPutrajaya: Perdana Menteri Datuk Seri Ismail Sabri Yaakob hari ini mengumumkan inisiatif bagi kebajikan penjaja dan peniaga kecil melibatkan peruntukan sebanyak RM48.5 juta untuk program pembiayaan mikro bagi golongan itu dan RM25 juta bagi pelaksanaan Transformasi Pasar Malam.
Source: hmetromy - 🏆 26. / 51 Read more »
PM: Malaysia’s human resource needs will be centralised by HRD Corp | Malay MailKUALA LUMPUR, Dec 2 — The newly rebranded Human Resources Development Corporation (HRD Corp) will be the central agency for all human resource development programmes moving forward, Prime Minister Datuk Seri Ismail Sabri Yaakob said today. He said this would enable Malaysians to use a “single...
Source: malaymail - 🏆 1. / 86 Read more »
PM: Keluarga Malaysia sales programme to begin in all parliamentary constituencies beginning Saturday | Malay MailKUALA LUMPUR, Dec 2 — The government will organise the Keluarga Malaysia (Malaysian Family) sales programme simultaneously in all 222 parliamentary constituencies from this Saturday in an effort to ease the people’s burden following the increase in prices of goods. Prime Minister Datuk Seri... Tq Let's see what kind of products and prices offered first. Hope the quality of products is not affected if the price is cheap. Which advisor gave this idea? This is a prolong recession, steep inflation. It is not a funfare.
Source: malaymail - 🏆 1. / 86 Read more »
Ex-PM Muhyiddin 'misspoke' on vaccine pricing, PAC hearsTestimony reveals RM468.75 on vaccines per person to be untrue. Most good PAC findings are post events ie damages done especially over spending of tax payers money by the gomen! Malaysia should put in placed pre events check & balance systems as that's more meaningful! Why no one from the ministry corrected him? 🙄🤥😬 Omicron Khairykj Mislead!
Source: malaysiakini - 🏆 20. / 51 Read more »
COMMENT | Election fears, hopes and plot to topple PMWe’ve already seen two plots in two years against two PMs. What's the surprise? Even Umno-BN wants to take over from Ismail Sabri before it is GE15.
Source: malaysiakini - 🏆 20. / 51 Read more »
Adakah penasihat khas PM bakal ganti Kabinet, sindir Kit Siang | The Malaysian InsightVeteran DAP itu persoal bilangan penasihat khas di bawah pentadbiran Ismail Sabri Yaakob yang ramai.
Source: msianinsight - 🏆 8. / 63 Read more »