MDV to increase financing for affected tech firms

MDV chairman Khairul Azwan Harun said on Monday as the nation’s technology financier, MDV understands that businesses are continuing to be affected by the current restrictions in the economy, particularly those also affected by Covid-19 and MCO 3.0.

KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV) plans to increase its approvals and disbursements for eligible technology companies facing short-term cash flow and funding problems.

MDV chairman Khairul Azwan Harun said on Monday as the nation’s technology financier, MDV understands that businesses are continuing to be affected by the current restrictions in the economy, particularly those also affected by Covid-19 and MCO 3.0.