Budget 2025: SME Bank calls for supportive measures to boost SME growth

Q: How long will it take to read this news story?

The story "Budget 2025: SME Bank calls for supportive measures to boost SME growth" has 1029 words across 34 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Budget 2025: SME Bank calls for supportive measures to boost SME growth" was covered 4 hours ago by The Star, a news publisher based in Malaysia.

Q: How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news. The outlet is headquartered in Malaysia and publishes an average of 44 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23063821</li><li>URL: https://beamstart.com/news/budget-2025-sme-bank-calls-17289588153697</li></ul>

The Star 4h ago

Budget 2025: SME Bank calls for supportive measures to boost SME growth - The Star

Quick Summary:

KUALA LUMPUR: With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises (SMEs), focusing on sustainability, financial resilience, and digital transformation.

"It would be greatly appreciated if the government can consider enhancing or expanding government-backed guarantees for SME financing related to exports, particularly when lending to small businesses seeking international expansion to mitigate the risks and exposure of banks,” he added.

"This can also include tax deductions or credits on profits from sustainable financial instruments, in addition to providing more incentives for Green Sukuk,” Mohammad Hardee said.