Entrepreneur Development Ministry defers RM128.6mil repayment for microcredit loans

PUTRAJAYA: The Entrepreneur Development and Cooperatives Ministry has decided to postpone repayments totalling RM128.6mil for microcredit and entrepreneurial loans involving micro, small and medium enterprises (SME) entrepreneurs in states affected by floods last month.

Minister Datuk Ewon Benedick (pic) said the postponement would involve 65,596 SME entrepreneurs or borrowers in Kelantan, Terengganu, Pahang and Sabah.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
 deferment , repayment , loan , floods , entrepreneurs ,  Entrepreneur Development and Cooperatives Ministry , Ewon Benedick

Next In Nation
Three killed, two injured as three vehicles crash in Gua Musang
Najib denies being SRC's 'shadow director'
Penang cops remand six for alleged involvement in group fighting
Campus blast: Family claims body of student killed in explosion
Organisers cancel controversial glamping programme over safety concerns, death threats
Hajiji urges community development leaders to spread the word about GRS successes
Transport Ministry mulls implementing telematics for heavy vehicles, buses
Air Force to enhance efforts to restore trust in Armed Forces
AirBorneo to use MY flight code from Jan 14
Umno confident its Sekolah Politik programme will yield a future PM

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.