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Education gets lion’s share
EDUCATION once again received the largest share of the Budget pie, with a total allocation of RM23.9bil.
Challenges in fiscal consolidation process
THE Government was able to strike a balance between sustaining growth and consolidating its fiscal position by financing the bulk of its latest stimulus package through off-budget sources.
RM1bil scheme a boon to SMEs
THE development of small and medium enterprises (SMEs) has been encouraging and its contribution to the economic growth was enhanced with the introduction of the RM1bil micro credit scheme in May.
Money supply and loans expand
MONEY supply and loans expanded, despite the more challenging environment, reflecting a resilient domestic sector.
Moneylenders concerned over amended Act
Licensed moneylenders in Malacca are worried that the amendments to the Moneylenders Act, which will be gazetted soon, will force them out of business and encourage loan shark activities.
Danaharta will redeem bonds
Pengurusan Danaharta Nasional Bhd is confident of redeeming its RM11.14bil of outstanding bonds maturing between this December and March 2005, Managing director Zukri Samat said.
CAHB's chief: We aim to be a financial icon
Q A with CAHB's executive director Dr Rozali Mohamed
RM300m micro-credit scheme abused, says Ng
The RM300 million micro-credit scheme has been abused with unscrupulous people selling application forms for hundreds of ringgit and charging consultation fees in the thousands as well.
Small loans go a long way
The micro credit scheme offers an attractive loan package that will be dispensed by BSN for non-agricultural projects and Bank Pertanian Malaysia for agricultural projects. K.S. USHA DEVI reports.