SC launches alternative financing scheme for MSMEs


KUALA LUMPUR: The Securities Commission (SC) has launched Sarana, an alternative financing scheme offered by nine SC-registered peer-to-peer (P2P) financing platform operators under the government e-procurement system.

The SC said in a statement that it is effective immediately and aims to address the working capital needs of micro, small and medium enterprises (MSMEs) and small contractors participating in government contracts for supplies, services or works.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Securities Commission , Sarana , finance , MSME , P2P

Next In Business News

Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business

Others Also Read