Commercial vehicle financing scheme in April to help transport sector entrepreneurs, says Noh


KUALA LUMPUR: Bank Rakyat will introduce a Commerical Vehicle Financing Scheme by April at the latest to help transportation sector entrepreneurs affected by the Covid-19 pandemic, to buy new vehicles for economic activities, says Tan Sri Noh Omar (pic).

The Entrepreneur Development and Cooperatives Minister said the financing through a hire purchase agreement will help this group to be prepared for the reopening of the country's borders for its transition into the Covid-19 endemic phase next month.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!
   

Next In Nation

Copter tragedy: Final farewell to Commander Muhammad Firdaus Ramli
Copter tragedy: Funeral prayers, last respects for eight victims held this evening
Federal Court allows forfeiture of RM1.11mil from illegal deposit-taking scheme investors
Straits Chinese eager for key role in 50th-anniversary celebration of Malaysia-China ties
Court rejects 1MDB’s bid to transfer Riza Shahriz case to another judge
Gold mining in Bukit Mantri Tawau is legal, says Sabah Finance Minister
Nearly five million Malaysians at risk of being pre-diabetic or diabetic, says Lukanisman
Copter tragedy: Families of victims to receive RM10,000 in preliminary assistance, says minister
Unlicensed durian planters lose case against eviction notices in Kuantan High Court
Police inspector arrested for alleged sexual assault of minor

Others Also Read