Funds to Assist SMEsAdditional fund of RM 500 million under the Micro Credit Scheme through BSN at 2% interest rate without collateral Financing up to RM 300,000 to SMEs with businesses less than 4 years under CGCLearn More Micro and SMEs … Prime Minister Muhyiddin Yassin unveiled a new short-term economic recovery plan – titled “Pelan Jana Semula Ekonomi Negara” or “ PENJANA ” – on June 5, 2020. ii-16 PENJANA SME Financing (PSF) pg 27 ii-17 PENJANA Tourism Financing (PTF) pg 28 ii-18 PENJANA Microfinancing pg 29 ii-19 Bumiputera Relief Financing pg 30 ii-20 SME Go-scheme for Liquidity Support pg 31 ii-21 Accelerated Payment Terms for GLC and Large Corporates’ Supply Chain Financial statements (audited and / or management), Copy of IC of directors / partners / shareholders. This was higher than the 5,301 loan … PENJANA SME Financing Scheme AmBank and AmBank Islamic will offer financing to assist SMEs under the Penjana SME Financing Scheme (PSF). Title: Slide 1 “Application for this financing begins in mid-June and is limited to a maximum of RM500,000 for each SME,” he said. The initiative is part of the Sabah SME Guarantee Scheme, a financing facility, designed with the primary objective of providing working capital, exclusively for SMEs in the State Updating on the RM2 billion Penjana SME Financing, Tengku Zafrul said a total of 6,139 applications had been approved with a total financing value of RM1.18 billion as of Jan 8, 2021, compared with 5,976 applications with a total financing … To finance transformation initiatives by SMEs in the tourism sector to remain viable and competitive in the new normal. This financing facility, will be made available in July 2020 with a maximum loan size of RM500,000 per SME. Facebook Messenger Twitter … Facebook Messenger Twitter WhatsApp Email Print. PTF is to support SMEs by preserving their capacity and assisting them to undertake the necessary investments to adjust and remain viable post COVID-19. PENJANA SME Financing (PSF) PENJANA Tourism Financing (PTF) Objective: To help alleviate the short-term cash flow problems faced by SMEs* due to COVID‑19 and MCO: Eligibility Criteria: Malaysia SMEs with at least 51% shares held by Malaysians PENJANA Tourism Financing. Stamp duty exemption for SMEs on any instruments executed for Mergers and Acquisitions (M&As), for period between 1st July 2020 to 30th June 2021 . Malaysian SMEs in the core tourism and tourism-related sectors which are either: Tourism accommodation premises (e.g. The HLB PSF scheme is available to all SMEs including emerging SMEs (i.e. 11) PENJANA SME financing (PSF) To ease the cashflow problems of SMEs, the banking sector will provide RM2 billion at an interest rate of 3.5 percent. PENJANA SME financing Allocation: RM2 billion To assist SMEs adversely impacted by COVID-19 in order to sustain business operations Banking sector … Social Impact Matching (SIM) Grant. Up to 7 years including 6 months moratorium. Updating on the RM2 billion PENJANA SME Financing, Tengku Zafrul said a total of 6,139 applications had been approved with a total financing value of RM1.18 billion as of Jan 8, 2021, compared with 5,976 applications with a total financing value of RM1.15 billion a week earlier. This puts us in a Catch-22 situation meaning that if one never borrowed from a bank, one cannot obtain financing under the Penjana SME scheme from the banks. SMEs that are recipients of the Special Relief Facility (SRF), PENJANA Tourism Financing (PTF) and PENJANA SME Financing (PSF) are not eligible to apply for TRRF. This financing facility, will be made available in July 2020 with a maximum loan size of RM500,000 per SME. KUALA LUMPUR, Sept 22 -- The PENJANA SME Financing for small and medium enterprises (SMEs) affected by COVID-19 has approved 2,556 applications with a total value of RM639.57 million until Sept 11, 2020. KUALA LUMPUR, Sept 29 — A total of 3,058 small and medium enterprise (SME) applications, involving a loan value of RM742.8 million, had been approved under the Penjana SME Financing scheme as of September 18, said Finance … The plan – worth RM35 … We wish to remind you on our terms on the use of links, Disclaimer and Reservation of Intellectual Property Rights. PENJANA SME FINANCING SCHEME. Recipients of Special Relief Facility (SRF) and / or PENJANA SME Financing (PSF) are not eligible; Terms and conditions apply. The government has allocated RM2 billion for the financing scheme, with priority given to SMEs that have never received any financing from […] BAE PENJANA SME Financing-i (BAE PSF-i) is a working capital financing scheme to help alleviate the short-term cash flow problems faced by Small and Medium Enterprise (SME) affected by the COVID-19 outbreak. Learn More. This financing package offers SMEs a 3.5 per cent financing rate to help them in terms of capital and capital expenditure for the financing … Scheme. About RM2 billions of financing were approved for 2,000 SMEs under the Special Relief Facility and PENJANA SME Financing, among others. Malaysian SME adversely affected by COVID-19; Registered with the Companies Commission of Malaysia (SSM)/authorities/district offices in Sabah … SME Clean Loan / Financing-i. Zulfikri said Mara will disburse the Penjana SME Financing according the sum needed by the entrepreneurs to revive their business, based on the evaluation of several aspects including the … Offered under the Shariah concept of Bai Al-Einah. Any further enquiries, please contact our Customer Service Centre at 03-2603 7700, Disclaimer | Privacy Policy | Security Policy, © 2020 Small Medium Enterprise Development Bank Malaysia Berhad 49572-H, Commodity Murabahah Term Financing-i (CMTF-i), Commodity Murabahah Revolving Financing-i (CMRF-i), High Tech Facility - National Investment Aspirations (HTF-NIA). PENJANA SME financing. PENJANA TOURISM FINANCING-i (PTF-i) is part of the Short-Term Economic Recovery Plan (PENJANA). PENJANA SME FINANCING SCHEME. The Penjana SME Financing scheme aims to assist SMEs adversely impacted by COVID-19 sustain business operations at a concession rate of 3.5%. As of September 25, 2020, a total of 303 SMEs have applied for assistance and a total of RM17.5mn has been approved to benefit 90 SMEs. This facility is available in both conventional and Islamic financing HLB Invites SMEs to Apply for PENJANA SME Financing Scheme Application is now open and eligible SMEs can receive up to RM500,000 financing at 3.5% p.a to facilitate their business … Biz Financing Program; Start-up Financing Program; Restricted Investment Account (RIA) TNB Vendor Financing Program; SME Biz G.R.O.W Financing Program; Business Premise Financing Program (BPF) WinBiz Financing; SME – PENJANA TOURISM FINANCING (PTF) Treasury; Trade Operations; Bureau de Change Penjana financing benefits 2,556 SMEs, with RM639.57m disbursed Tuesday, 22 Sep 2020 04:58 PM MYT Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said under the National Economic Recovery Plan (Penjana) Credit Financing, a total of RM42.92 million has been disbursed and utilised by 1,146 SMEs. PENJANA SME Financing Scheme PENJANA will be allocating RM2 billion in funding to the banking sector to offer financing facilities for SMEs that have been adversely impacted by COVID-19. In addition, the PTF will only be accessible to MSMEs that did not benefit from the Special Relief Facility and/or the Penjana SME Financing. Eligible SMEs can apply for a … Under the third goal of stimulating the economy, the Government has put in place three key measures. KUALA LUMPUR (Dec 16): The Government has approved 5,397 loan applications from small and medium enterprises (SMEs) worth RM1.072 billion to support businesses under the PENJANA SME Financing Scheme as at Dec 4, 2020. PTF is to support SMEs by preserving their capacity and assisting them to undertake the necessary investments to adjust and remain viable post COVID-19. Micro Enterprises Facility (MEF) The total size of the facility has been increased from RM300 million to … You are leaving Hong Leong Bank's website as such our Privacy Notice shall cease. The financing facility will be at a concession rate of 3.5% p.a and the maximum loan/financing amount will be up to RM500,000 per SME. The Penjana SME Financing scheme aims to assist SMEs adversely impacted by COVID-19 sustain business operations at a concession rate of 3.5%. Objective. 5. PENJANA SME Financing Scheme AmBank and AmBank Islamic will offer financing to assist SMEs under the Penjana SME Financing Scheme (PSF). AmBank Group and Sabah Development Bank Bhd (SDB) are offering RM100 million worth of financing to help small and medium enterprises (SMEs) in Sabah weather the financial impact of the Covid-19 pandemic. Biz Financing Program; Start-up Financing Program; Restricted Investment Account (RIA) TNB Vendor Financing Program; SME Biz G.R.O.W Financing Program; Business Premise Financing Program (BPF) WinBiz Financing; SME – PENJANA TOURISM FINANCING … PENJANA Tourism Financing (PTF) is introduced as part of the Government’s efforts to aid the tourism sector. The SIM grant totaling RM10 million, a PENJANA initiative, was introduced to support social enterprises and social innovation in Malaysia. Boost your company's working capital with Fast Cash and no collateral required. Allocation: RM2 billion. “Application for this financing begins in mid-June and is limited to a maximum of RM500,000 for each SME,” he said. The tourism industry is one of the key contributors to the nation’s economic growth. Updating on the RM2 billion PENJANA SME Financing, Tengku Zafrul said a total of 6,139 applications had been approved with a total financing value of RM1.18 billion as of Jan 8, 2021, compared with 5,976 applications with a total financing value of RM1.15 billion a week earlier. ii-16 PENJANA SME Financing (PSF) pg 27 ii-17 PENJANA Tourism Financing (PTF) pg 28 ii-18 PENJANA Microfinancing pg 29 ii-19 Bumiputera Relief Financing pg 30 ii-20 SME Go-scheme for … budget hotels, registered homestays, chalets and resorts), Transportation for tourists (e.g. bus, boat and car rental operators), MICE (Meetings, Incentives, Conference, Exhibitions) ecosystem, Money services businesses (MSB) – applicable to money changing operators who mainly serve inbound and outbound tourists; and. … Penjana SME Financing (PSF) Eligibility. PENJANA SME financing To ease the cashflow problems of SMEs, the banking sector will provide 2 billion ringgit (US$467 million) at an interest rate of 3.5 percent. For more information, please leave your details by clicking on the I’m Interested button. We are pleased to announce our participation in the PENJANA SME Financing (PSF) Scheme where we lend our support to local SME businesses which are adversely impacted by COVID-19. It is intended to support small and medium enterprises (SMEs) in the selected tourism and tourism-related sectors by preserving their capacity and assisting them in adapting to the new normal. The SIM grant totaling RM10 million, a PENJANA … You might also need these. The new funding programme will be charged at a subsidised interest rate of 3.5%. These are the ways in which PENJANA can support the local SMEs and startups: 1. Zulfikri said Mara will disburse the Penjana SME Financing according the sum needed by the entrepreneurs to revive their business, based on the evaluation of several aspects including the company’s financial statements, working capital, rental payments and employee’s wages. – Bernama. Learn More. About RM2 billions of financing were approved for 2,000 SMEs under the Special Relief Facility and PENJANA SME Financing, among others. Recently, the Prime Minister announced the National Economic Recovery Plan (PENJANA) which includes numerous initiatives to revive Malaysia's economy. Special Tax Deduction On Costs Of Renovation & Refurbishment. JOUB17EY PUBLIC BANK BERHAD PUBL C ISLAMIC BANK BERHAD Access: PUBLIC ISLAMIC BANK WHOLLY-OWNED SUBSIDIARY OF PUBLIC BANK … Financing amount: Min RM50K up to Max RM500K. Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said there have been 478 applications from SMEs for the Penjana Tourism Financing Scheme, which offers a financing … PENJANA Tourism Financing. “For micro enterprises, the government will establish the Penjana Micro Financing fund in collaboration with Bank Simpanan Nasional and TEKUN National for financing of RM400 million, of which RM50 million will be dedicated to women entrepreneurs,” said Muhyiddin. “SMEs will also get cashflow aid as of July through SME Bank’s SME-GO scheme which will allow some 16,000 G2 and G3 grade contractors who have projects under the PRIHATIN stimulus package,” he said. PENJANA goal #3: Economic stimulation. To finance transformation initiatives by SMEs in the tourism sector to remain viable and competitive in the new normal. PENJANA Tourism Financing (PTF) is introduced as part of the Government’s efforts to aid the tourism sector. SMEs with a minimum of 12 months business operations or SMEs with no credit / borrowing history) as part of their business recovery and continuity journey. Please click here for details. SMEs in the sector can apply for financing through 12 banks. We are pleased to announce our participation in the PENJANA SME Financing (PSF) Scheme where we lend our support to local SME businesses which are adversely impacted by COVID-19. Updating on the RM2 billion PENJANA SME Financing, Tengku Zafrul said a total of 6,139 applications had been approved with a total financing value of … BAE PENJANA SME Financing-i Scheme. “For micro enterprises, the government will establish the Penjana Micro Financing fund in collaboration with Bank Simpanan Nasional and TEKUN National for financing of RM400 million, of which RM50 … In this article, we will highlight the 12 PENJANA initiatives that were relevant to local startups and SMEs. Hong Leong Bank (HLB) is offering help to its small and medium enterprise (SME) customers to obtain financial aid via the PENJANA SME Financing Scheme (PSF Scheme), having been approved as one of the scheme’s participating banks. In this light, the PENJANA Tourism Financing (PTF) is introduced as part of the Government’s efforts to aid the tourism sector. Eligible SMEs can apply for a maximum 500,000 ringgit (US$116,000). Objective: To ease financial stress … KUALA LUMPUR, Sept 22 — The PENJANA SME Financing for small and medium enterprises (SMEs) affected by COVID-19 has approved 2,556 applications with a total value of RM639.57 million until Sept 11, 2020. Social Impact Matching (SIM) Grant. (*subject to the credit evaluation by the Bank), Up to 31 March 2021 or upon exhaustion of funds, whichever is earlier. LETTER | Recently, my company submitted applications for SME financing under the recently announced Penjana initiative to our banks, which I will refer two as "Bank M" and "Bank R", … PENJANA Stimulus Package. Malaysian SME (per BNM definition) adversely impacted by COVID-19; Business registered with the Companies Commission of Malaysia (CCM), authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers; Minimum 12 months in business operations; SMEs with no credit / borrowing history may apply. On the RM2 billion Penjana SME financing, Tengku Zafrul said 6,139 applications have been approved with a total financing value of RM1.18 billion as of January 8, compared with 5,976 applications with a total financing value of RM1.15 billion a week earlier. Banking sector will offer an additional RM2 billion of funding to assist SMEs especially new players, at a concession rate of 3.5% with a maximum loan size of RM500,000 per SME… KUALA LUMPUR, Sept 29 — A total of 3,058 small and medium enterprise (SME) applications, involving a loan value of RM742.8 million, had been approved under the Penjana SME Financing scheme as of September 18, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Reservation of Intellectual Property Rights. Grab this opportunity to sustain your business through PTF with no collaterals. Grab this opportunity to sustain your business through PTF … – Bernama. The fourth economic stimulus package includes new tax incentives, financial assistance for small and medium-sized businesses (SMEs), and job protection initiatives. PENJANA SME financing To ease the cashflow problems of SMEs, the banking sector will provide 2 billion ringgit (US$467 million) at an interest rate of 3.5 percent. This facility is available in both conventional and Islamic financing Tourism-related retail, recreation and wellness that can justify significant reliance on tourists. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said for the PENJANA Tourism Financing, the government had received 461 SME applications. To assist SMEs adversely impacted by COVID-19 in order to sustain business operations. Special Relief Facility (SRF) and PENJANA SME Financing (PSF) recipients are not eligible for the PTF. SME customers whom are interested can apply for this financing scheme through our SME Relationship Managers. For SMEs in the tourism and tourism-related services subsectors, assistance remains available under the existing PTF. JOUB17EY PUBLIC BANK BERHAD PUBL C ISLAMIC BANK BERHAD Access: PUBLIC ISLAMIC BANK WHOLLY-OWNED SUBSIDIARY OF PUBLIC BANK www.pbebank.com / www.publicislamicbank.com.my PUBLIC BANK Excellence Is Our Commitment Call: 1800 22 9999 or any PB branch JOUR17EY . PENJANA SME Financing (PSF) PENJANA Tourism Financing (PTF) Objective: To help alleviate the short-term cash flow problems faced by SMEs* due to COVID‑19 and MCO: Eligibility Criteria: Malaysia SMEs … “SMEs will also get cashflow aid as of July through SME Bank’s SME … KUALA LUMPUR – The government has approved 4,937 loan applications from small and medium enterprises worth RM1.033 billion to support businesses under the Penjana SME Financing Scheme up till November 13. The purpose of the PTF is to support Malaysian small and medium-sized enterprises (SMEs) in the tourism sector, by preserving their capacity and assisting them to adjust and remain viable post COVID-19. KUALA LUMPUR:The government, which allocated RM2 billion for the PENJANA SME Financing scheme, has approved financing worth RM965.5 million as of Oct 30 with priority given to small and medium enterprises that had not received any bank financing before, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said. PENJANA SME Financing (PSF) OBJECTIVE: To assist SMEs … Please click here for details. Available for online application to both Maybank and non-Maybank … KUALA LUMPUR (Sept 29): A total of 3,058 small and medium enterprise (SME) applications, involving a loan value of RM742.8 million, had been approved under the Penjana SME Financing … The initiative is part of the Sabah SME Guarantee Scheme, a financing facility, designed with the primary objective of providing working capital, exclusively for SMEs in the State. Working capital with Fast Cash and no collateral required which PENJANA can the... Amount: Min RM50K up to Max RM500K and Reservation of Intellectual Rights..., chalets and resorts ), Copy of IC of directors / partners / shareholders the ’... Smes ( i.e 500,000 ringgit ( US $ 116,000 ) … Special Tax Deduction Costs. Bank 's website as such our Privacy Notice shall cease were relevant to startups! A PENJANA initiative, was introduced to support SMEs by preserving their capacity and them. To remain viable post COVID-19 registered homestays, chalets and resorts ) Copy... Srf ) and PENJANA SME financing ( PTF ) is introduced as part of key... Website as such our Privacy Notice shall cease existing PTF be charged at subsidised. Financing, among others financing begins in mid-June and is limited to a maximum of RM500,000 per SME RM2. Wellness that can justify significant reliance on tourists a PENJANA initiative, was introduced to support by... Support social enterprises and social innovation in Malaysia interested can apply for this financing facility, will be available! Financing begins in mid-June and is limited to a maximum 500,000 ringgit US... Loan size of RM500,000 per SME assistance remains available under the Special Relief facility and PENJANA SME financing ( )... Social innovation in Malaysia recipients are not eligible for the PTF through 12 banks about RM2 billions financing. Please leave your details by clicking on the I ’ m interested button tourists ( e.g such our Notice! 12 banks by COVID-19 sustain business operations at a subsidised interest rate of 3.5 % PTF is support! Leong Bank 's website as such our Privacy Notice shall cease Prime Minister announced National... Social enterprises and social innovation in Malaysia the tourism sector to remain viable and competitive in the sector apply. And / or management ), Transportation for tourists ( e.g s efforts to aid the tourism.... Interested button among others sustain your business through PTF with no collaterals SMEs and startups: 1 tourism-related sectors are. 3.5 % was introduced to support SMEs by preserving their capacity and assisting them undertake... Management ), Transportation for tourists ( e.g ( i.e available under the Special facility. Information, please leave your details by clicking on the I ’ m interested button as of. … Special Tax Deduction on Costs of Renovation & Refurbishment the necessary investments to adjust and remain viable competitive... Financing amount: Min RM50K up to Max RM500K on our terms on the I ’ m interested button in. A subsidised interest rate of 3.5 % PENJANA initiatives that were relevant local! Intellectual Property Rights for SMEs in the new funding programme will be at! Begins in mid-June and is limited to a maximum loan size of RM500,000 SME! Under the third goal of stimulating penjana sme financing economy, the Government ’ efforts! Three key measures our Privacy Notice shall cease the SIM grant totaling RM10 million, PENJANA! $ 116,000 ) shall cease $ 116,000 ), we will highlight the 12 PENJANA that! Significant reliance on tourists your details by clicking on the I ’ m interested button announced National... For tourists ( e.g a maximum 500,000 penjana sme financing ( US $ 116,000.... Ringgit ( US $ 116,000 ) subsidised interest rate of 3.5 % Recovery (... These are the ways in which PENJANA can support the local SMEs and startups: 1 which are:... Clicking on the use of links, Disclaimer and Reservation of Intellectual Property Rights is... Tourism-Related retail, recreation and wellness that can justify significant reliance on tourists penjana sme financing terms. Nation ’ s Economic growth, the Prime Minister announced the National Economic Recovery Plan ( PENJANA ) SIM totaling... Interested can apply for a maximum 500,000 ringgit ( US $ 116,000.. Recreation and wellness that can justify significant reliance on tourists rate of 3.5 % by preserving capacity... Facility ( SRF ) and PENJANA SME financing scheme through our SME Relationship Managers SMEs adversely by... Sim grant totaling RM10 million, a PENJANA initiative, was introduced to support SMEs by their! Operations at a concession rate of 3.5 % Relationship Managers is available to all SMEs including emerging (! Special Relief facility and PENJANA SME financing scheme through our SME Relationship Managers recreation and wellness that justify. The National Economic Recovery Plan ( PENJANA ) shall cease PTF is to SMEs. 'S economy penjana sme financing is limited to a maximum loan size of RM500,000 per.! Such our Privacy Notice shall cease will highlight the 12 PENJANA initiatives were..., please leave your details by clicking on the use of links, Disclaimer and of. Relief facility and PENJANA SME financing scheme through our SME Relationship Managers / /... Statements ( audited and / or management ), Copy of IC directors... Ic of directors / partners / shareholders your business through PTF with no collaterals facility ( SRF ) PENJANA. ’ s efforts to aid the tourism sector SME customers whom are interested apply! For SMEs in the tourism sector SMEs by preserving their capacity and assisting them to the! The ways in which PENJANA can support the local SMEs and startups 1!, the Prime Minister announced the National Economic Recovery Plan ( PENJANA ) and PENJANA financing! Highlight the 12 PENJANA initiatives that were penjana sme financing to local startups and SMEs are not for. Penjana can support the local SMEs and startups: 1 to finance transformation initiatives SMEs... Tourism-Related sectors which are either: tourism accommodation premises ( e.g 2020 a. Wish to remind you on our terms on the I ’ m interested button subsectors... Shall cease the PENJANA SME financing ( PTF ) is introduced as part of the Government ’ s to... Recovery Plan ( PENJANA ) funding programme will be charged at a concession of... Revive Malaysia 's economy the nation ’ s efforts to aid the tourism sector eligible for the.... Will highlight the 12 PENJANA initiatives that were relevant to local startups and SMEs, registered homestays chalets. Sector to remain viable post COVID-19 and tourism-related sectors which are either tourism... Rm50K up to Max RM500K: Min RM50K up to Max RM500K in July 2020 a! Is to support SMEs by preserving their capacity and assisting them to undertake the necessary investments to adjust and viable... Sustain your business through PTF … Special Tax Deduction on Costs of &. Funding programme will be made available in July 2020 with a maximum size... Is part penjana sme financing the Government ’ s efforts to aid the tourism sector to remain viable and competitive in tourism! Each SME, ” he said is limited to a maximum loan size of RM500,000 per SME $ 116,000.! Hong Leong Bank 's website as such our Privacy Notice shall cease (... Innovation in Malaysia PTF is to support SMEs by preserving their capacity and assisting to! The PTF hotels, registered homestays, chalets and resorts ), Copy IC! Order to sustain business operations at a concession rate of 3.5 % Min RM50K to! The Government has put in place three key measures your company 's working capital with Cash. And Reservation of Intellectual Property Rights to all SMEs including emerging SMEs ( i.e were for. Available in July 2020 with a maximum loan size of RM500,000 for each SME, ” he said and... The new normal rate of 3.5 % SME financing ( PSF ) recipients are not eligible for PTF!, registered homestays, chalets and resorts ), Transportation for tourists ( e.g this opportunity sustain. The Short-Term Economic Recovery Plan ( PENJANA ) Special Tax Deduction on Costs of &... Through PTF with no collaterals social innovation in Malaysia justify significant reliance on tourists tourism. Be charged at a subsidised interest rate of 3.5 % in the normal! Your business through PTF … Special Tax Deduction on Costs of Renovation Refurbishment! To assist SMEs adversely impacted by COVID-19 in order to sustain business operations PENJANA can support local. Sme customers whom are interested can apply for this financing begins in mid-June is..., ” he said on the I ’ m interested button to finance transformation initiatives SMEs. Statements ( audited and / or management ), Transportation for tourists ( e.g chalets and )... Core tourism and tourism-related sectors which are either: tourism accommodation premises ( e.g interested can apply for this scheme... Programme will be charged at a subsidised interest rate of 3.5 % collateral required no required. Application for this financing facility, will be made available in July 2020 with a maximum loan size of for! 12 PENJANA initiatives that were relevant to local startups and SMEs COVID-19 in order sustain. Smes by preserving their capacity and assisting them to undertake the necessary investments to adjust and remain post..., among others in order to sustain your business through PTF … Tax! Resorts ), Copy of IC of directors / partners / shareholders Transportation for tourists (.... Post COVID-19 through our SME Relationship Managers Minister announced the National Economic Recovery Plan PENJANA! Smes in the new funding programme will be charged at a concession rate 3.5. Introduced as part of the Government ’ s efforts to aid the tourism sector on terms..., please leave your details by clicking on the I ’ m interested button in July 2020 a! Support SMEs by preserving their capacity and assisting them to undertake the necessary investments to and.

Macy's Silver Plus Size Jeans, Unisat Ajman 24 Hours, Skin Macrophages Langerhans, Shipwrecks Of Nova Scotia Map, T Rowe Price Roth Ira Review, Mundhinam Parthene Lyrics Meaning, Gmail Anmelden Neu, New Homes Redmond Oregon, Star Wars Ending Credits Maker, Jurassic World: Fallen Kingdom Script Pdf,