Floods: Govt announces four initiatives to ease burden of affected people, micro-SMEs


KUALA LUMPUR: Prime Minister Datuk Seri Ismail Sabri Yaakob announced four initiatives on Wednesday (Dec 22) that will be implemented by government agencies and the banking sector to ease the burden of people and micro, small and medium enterprises (MSME) affected by the recent massive floods.

Ismail Sabri, in a statement, said Bank Simpanan Nasional (BSN) would provide interest-free personal loans of up to RM5,000, and for this purpose, BSN has allocated RM100mil to help flood victims buy replacements for household equipment and furniture destroyed in the floods.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Nation

Five hospitalised after mercury spill at courier sorting facility
Lorry driver in FRU crash acquitted of cow theft
NGO launches child safety campaign, urges schools to appoint teachers who can spot cases of abuse
Johor gives RM5mil to repair Muar police quarters
Probe into alleged defamation of Tok Batin still ongoing, says Perak top cop
Private hospitals welcome ministry's plan to enlist healthcare workers for public facilities
S'wak to discuss plans for Borneo Chamber of Commerce with Indonesia
Economic burden of mental health issues could hit RM25.3bil by 2030
Easing of Pulau Besar fishing ban benefits over 1,200 fishermen, says Melaka CM
Enough fertiliser supply until year-end, Dewan Rakyat told

Others Also Read