RECOGNISING FINANCIAL SUPPORT IN ASSISTING MSMEs

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A CELEBRATION of financial backing and business grit culminated at Credit Guarantee Corporation Malaysia’s (CGC) 29th FI/DFI & SME Awards 2023 held at InterContinental Kuala Lumpur on July 18.

It will continue to support the availability of targeted assistance including financing and non-financial assistance for MSMEs, realising aspirations to be the partner for MSME’s growth across life stages.

But during post-Covid, to help MSMEs recover from 2020 until 2023, he said the number tripled, where per annum their guarantee scheme was raised between RM5bil to RM6bil a year.“Our commitment to adding value within the MSME ecosystem is unwavering, ensuring that all stakeholders reap the benefits of our efforts.

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Article Details

Author / Journalist: AIDA AHMAD

Category: EconomyBusiness

Markets: Malaysia

Topics: SME Deputy Finance Minister Lim Hui Ying Credit Guarantee Corporation Malaysia CGC /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 00:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 1015 words

Reading Time: 6 minutes read

Sentences: 26 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21717323

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 10 posts per day

Year Established: 1971

Headquarters: Malaysia

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Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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Publisher ID: #22

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