SMEs to benefit from Budget 2022


SMALL and medium enterprises (SMEs) impacted by the Covid-19 pandemic will benefit from the RM10bil announced in Budget 2022 for Syarikat Jaminan Pembiayaan Perniagaan to extend credit guarantees.Lee says the banks should expedite the approval process.Lee says the banks should expedite the approval process.

Small and Medium Enterprises Association Malaysia (Samenta) secretary-general SH Yeoh said the fiscal incentives such as tax reductions could stimulate re-investments.

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