Govt focuses on policies to support businesses


PETALING JAYA: The decision on whether or not to grant moratoriums to small and medium enterprises (SMEs) is very much dependent on whether the banks think that the SMEs have repayment issues, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

However, the government can encourage policies that are helping and assisting the people, he said while expressing hope that banks and Bank Negara will continue to support the SMEs and micro, small and medium enterprises (MSMEs) that are genuinely facing difficulties.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Meta Bright acquires Damai Suites shoplot for RM3.5mil
PETRONAS Lubricants International launches engine products at Tokyo Auto Show
Global Oriental to sell 18 Pavilion Embassy retail units for RM35 mil
Ringgit ends lower against US dollar ahead of US jobs data, tariff ruling
SBS Nexus shares to Malaysian public oversubscribed by 22.28 times
Cenergi SEA, Malaysia Airports co-develop solar, battery energy project
AEON Credit raises RM150mil via Sukuk Wakalah
Bursa Malaysia reprimands Reneuco, fines one director RM2,500
Bursa Malaysia rallies on broad-based gains, improved sentiment
Thai central bank to expand authority to scrutinise online gold trading, governor says

Others Also Read