RM4.7bil for women in businessRM4.7bil for women in business


GEORGE TOWN: Women striving for career success are set to benefit from a RM4.7bil funding allocated by various financial institutions to boost women entrepreneurship and economic participation, says Deputy Finance Minister Lim Hui Ying (pic).

She said the initiative was aimed at unlocking women’s potential and drive economic growth on top of enhancing childcare and elderly care facilities to help women with the duties for caring for their families.

“The government through small-medium enterprise facilities in banks has channelled the funds to help women operate micro, small and medium businesses.

“The Employees Provident Fund, also supports housewives under the age of 55 who are registered with e-Kasih, with a government contribution of 50% for every RM1 saved, up to RM300 per year and a lifetime limit of RM3,000,” she said.

GEORGE TOWN: Women striving for career success are set to benefit from a RM4.7bil funding allocated by various financial institutions to boost women entrepreneurship and economic participation, says Deputy Finance Minister Lim Hui Ying.

She said the initiative was aimed at unlocking women’s potential and drive economic growth on top of enhancing childcare and elderly care facilities to help women with the duties for caring for their families.

“The government through small-medium enterprise facilities in banks has channelled the funds to help women operate micro, small and medium businesses.

“The Employees Provident Fund, also supports housewives under the age of 55 who are registered with e-Kasih, with a government contribution of 50% for every RM1 saved, up to RM300 per year and a lifetime limit of RM3,000,” she said.

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

Next In Nation

Six missing hikers in Lojing rescued
Cops receive 12 police reports against Abdul Hadi, to record statement soon, says CID director
Three factory workers nabbed for stealing RM355,000 worth of manufacturing materials in Ipoh
KLIA activates crisis team to help passengers affected by flight disruptions
Anak Krakatau eruption grounds 41 flights to Jakarta on Sept 7
Need for speed: Govt agencies urged to expedite approvals for Sepang F1 race
Cops investigating four-month-old girl's death while at care centre
UNHCR card holders still subject to immigration laws, says Immigration DG
Bodies being buried without identification: Malaysia waiting on Nepal's green light to send DNA experts, says Tok Mat
Elderly man remanded for slashing wife's hand with machete

Others Also Read