GVC allows SMEs to access Bank Negara’s RM2bil green fund


The programme aimed to assist and incentivise carbon emission management among Kossan SME suppliers, making them the strategic suppliers of Kossan, said Lim.

THE Greening Value Chain (GVC) programme will enable suppliers to access Bank Negara’s RM2bil Low Carbon Transition Facility (LCTF) to fund small and medium enterprise (SME) working capital or capital expenditures related to low-carbon practices at an affordable rate, according to Kossan Rubber Industries Bhd.

Group managing director and chief executive officer Tan Sri Lim Kuang Sia said the programme aimed to assist and incentivise carbon emission management among Kossan SME suppliers, making them the strategic suppliers of Kossan.

Start your ads-free experience now!

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!

Kossan , GVC , BankNegara , greenfund , SMEs , carbonemissions

   

Next In Business News

Trading ideas: BHIC, YNH Property, Iqzan, Johor Plantations, MAHB, Ecoscience
ECB to cut further if there’s progress on inflation
Shein capitalises on emerging cross-border eCommerce platforms
Colombia faces weakening case for cuts
Morgan Stanley brings AI tools to Australia clients
Budweiser China brewing greener future
Long-term prospects of photovoltaics seen bright
LYC Healthcare withdraws unit’s listing
National Bank to buy CWB for US$3.6bil
BoK calls for balance in considering rate cut

Others Also Read