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Matrade fund set to benefit exporters

JOHOR BARU: Forty-five exporters have the opportunity to expand and venture into international markets this year, thanks to the Services Export Fund (SEF) scheme under the Malaysia External Trade Development Corporation (Matrade).

Govt announces RM500mil soft loan fund, incentives for oil palm smallholders

PUTRAJAYA (Bernama): The government announced on Saturday (April 27) a RM500mil soft loan fund with low interest rates of just 2% yearly for private smallholders to replant oil palm.

SMEs told to tap funding

KUALA LUMPUR: Small and medium enterprises (SMEs) should capitalise on the RM517mil funding made available by Malaysian Industrial Development Finance Bhd’s (MIDF) and Malaysian Technology Development Corp (MTDC) under the Soft Loan Scheme for Automation and Modernisation (SLSAM).

Malaysia seeks new contractor for East Coast Rail Link

KUALA LUMPUR: Malaysia is seeking a new contractor to build the East Coast Railway Link (ECRL), after terminating the original contract awarded to China Communications Construction Company (CCCC) on Tuesday (Jan 22), a source told The Straits Times.

Behind Sri Lanka's turmoil, a China-India struggle for investments and influence

COLOMBO (Reuters) - Gleaming cranes stretch out on the waterfront in the Sri Lankan capital Colombo as Chinese companies construct a $1.5 billion new commercial district, including hotels, marinas and a motor racing track. They have already built a giant container terminal nearby and a huge port in the south.

Abe: Loan a possibility once joint study on certain sectors concludes

MALAYSIA’S request for a yen loan received encouragement from Japanese Prime Minister Shinzo Abe who said the loan would be a “possibility”, pending a joint study in transportation, education and human resource development.

Sri Lanka's ousted PM says U.S., Japan freeze aid over political crisis

COLOMBO (Reuters) - Sri Lanka's deposed Prime Minister Ranil Wickremesinghe said the United States and Japan had frozen more than a billion dollars of development aid after his abrupt dismissal raised doubts about the future of democracy in the island.