Budget 2022: RM40bil SemarakNiaga financing for 'Malaysian Family' to revitalise businesses


KUALA LUMPUR (Bernama): Financing packages worth a total of RM40bil will be provided under the Program Semarak Niaga Keluarga Malaysia (SemarakNiaga) for 2022 in an effort to rejuvenate businesses, especially micro, small and medium enterprises (MSME) and the informal sector.

When tabling Budget 2022 in the Dewan Rakyat on Friday (Oct 29), Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the scheme involves direct loans, credit guarantees and equity injection aimed at benefitting every group of entrepreneurs, including micro enterprises and public-listed companies.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Nation

Know your role and debate with decorum, Sabah Speaker reminds reps
Putra Heights fire, FRU truck mishap and UPSI bus crash cast sombre tone over 2025
Floods: Evacuee numbers rise in T'ganu, situation eases in Sarawak
From traditional mats to virtual arenas: The rise of VR taekwondo in Malaysia
INTERACTIVE: Sabah, Sarawak lead in protected products
INTERACTIVE: Four Malaysian durian varieties registered, international protection needed
BN to engage with other parties ahead of Sabah by-elections
Selfless act of donating her liver to her little sister
Exporters feeling the pinch as ringgit strengthens
Ministry reduces teachers’ workload

Others Also Read