stream — Bernama file pic 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. This number includes 25,752 people under the age of 40; 4,324 people for the age group of 40-60 years, 256 disabled persons (OKU) and 3,356 apprentices. RHB is a participating bank for PENJANA SME Financing (PSF) and PENJANA Tourism Financing (PTF) with a total allocation of up to RM50 million for each scheme. This financing package offers SMEs a 3.5 per cent financing rate to help them in terms of capital and capital expenditure for … TIMELINE: Mid June 2020 Additional financing facility to eligible SMEs: 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. Tengku Zafrul was presenting the 22nd LAKSANA (Unit for the Implementation and Coordination of National Agencies on the Economic Stimulus Package) report on the implementation of the Prihatin Rakyat Economic Stimulus Package (PRIHATIN) and PENJANA today. As at Sept 11, 2020, there were 11,067 nurseries reviewed and approved with a total allocation of RM16.42 million. The Penjana SME Financing scheme aims to assist SMEs adversely impacted by COVID-19 sustain business operations at a concession rate of 3.5%. 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 bank will provide financing support to contractors and vendors who are awarded small government projects (with an aggregate value of RM 4 billion) under previous stimulus packages. In the same report, Tengku Zafrul said the Wage Subsidy Scheme under PENJANA approved RM10.44 billion wage subsidies as at Sept 11, 2020, benefitting over 2.6 million workers. A thorough cleaning and disinfecting work was carried out at the Bandar Tasik Selatan station and KLIA Transit Platform in KL Sentral yesterday ... Read More, American Express Global Business Travel has acquired Ovation Travel Group. He said industry players can apply for assistance from the relevant agencies and visit the website www.cendana.com.my for more information. KUALA LUMPUR,. As many as 132 residents from two longhouses in the Bukit Aup area, about 13 kilometres from the city centre here today underwent COVID-19 ... Read More, KUALA LUMPUR,. Penjana SME Financing (PSF) Eligibility. A strong earthquake with a magnitude of 7.0 on the Richter scale was reported south of Shetland Islands at 7.36 am today. “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. Eligible SMEs can apply for a maximum 500,000 ringgit (US$116,000). Thank you for visiting our website. As at Sept 11, 2020, only 0.95 per cent or 2,847 gig economy workers had registered with SOCSO, out of the target of 300,000 workers,” he said. 6. Working Capital requirements; Capital Expenditure (CAPEX) Key Features. No. PENJANA SME Financing (PSF) OBJECTIVE: To assist SMEs adversely impacted by COVID-19 in order to sustain business operations . A thorough cleaning and disinfecting work was carried out at the Bandar Tasik Selatan station and KLIA Transit Platform in KL Sentral yesterday ... American Express Global Business Travel has acquired Ovation Travel Group. A Malaysian-controlled company and Malaysian-owned business (at least 51% shareholding) BENEFICIARIES: Businesses in the critically affected sectors. [ ] BAE PENJANA SME Financing-i (BAE PSF-i): Applicable for Other Customers (Existing PBB/PIBB customers). Fourth, the Micro Credit Financing PENJANA under Bank Simpanen Nasional (BSN) has been implemented as part of the package, with a total of RM73.7mn being channeled to and utilised by 2,007 SMEs and micro SMEs as of 25 September 2020. PENJANA SME FINANCING SCHEME. Besides, the Reskilling and Upskilling Programme across several ministries and agencies has the potential to train new skills for the purpose of job retention, as well as incorporate entrepreneurial elements to start a business. PENJANA will be allocating RM2 billion in funding to the banking sector to offer financing facilities for SMEs that have been adversely impacted by COVID-19. �sh��̖�6ߦ�Q�v������?�ϲ���,kFu���=5�M�������A���W��Bg��Yߴ��h9�2��9o*�Kg��0(����&p��9av��g�l��[x��1�(n@2a������)B��n�8 �D��>�-F2_�.D>ŗU6�6�F"��F6���?ˑ�ף��#��[@��������F��n9?��퟉�(* L�Q�E�x�rE���M�N-3A�a[%�+@J,�VJ\M(e��3I��[�`8[f$a�&��]½�����G(C����G��?B6!h��9|�h�Ђk"E=4�H�;|EX �"��n8n� I��AEX3h�p�#$X��2�f�7L�!���$Qn�(����pèBN�BG V�]���4��m�A���/Ld��ȂH�M�S8��a ��h��8���"\�U��!��[D�E${�*-�U׻D��7D�u�(HjK�k� M�D����,R��iPU7z����}`u�KT wCT]��k��:i�E��qҜ1łܘw�Aق����6�>�Dibyɋb����,V 0v��)F�YI�Ӄ�#3���C�b����cL�{�����n]�9ry�@�ȼ�q����2��@vЉt�2��^tYG��|����r ���f:�L�O��`/�ί�}�8E To ensure the survival of Bumiputera entrepreneurs in facing difficulties arising from the COVID-19 pandemic, he said the government has also spent RM1.85 million from RM200 million allocated to eight Bumiputera-owned businesses as at Sept 11, 2020. �_���r�,W^��C~�WFxm���1�e��H)�COUz՞���O�l^,W����Ɂ��#���KQ��c�)3��o�z�<5v�J���vp+�"���A �FsA�ЊbZޑ&Ѳ.���C[�Ys�}&a$������. 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. Your email address will not be published. Several applications were cancelled for the PENJANA Tourism Financing, leading to a drop in the number of … PENJANA SME Financing Scheme AmBank and AmBank Islamic will offer financing to assist SMEs under the Penjana SME Financing Scheme (PSF). Malaysian SME adversely affected by COVID-19. Financing shall be released upon completion of legal documentation. On the other hand through diversification of news and information products we will be able to enhance and keep going the standard of ethical journalism. Hundreds of Londoners defied coronavirus restrictions and rallied outside the US embassy on Sunday in solidarity with protests raging across the United States over ... Read More, KUALA LUMPUR,. 2 0 obj For SMEs in the tourism and tourism-related services subsectors, assistance remains available under the existing PTF. 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 … <>>> Do SMEs need to provide collateral to obtain financing under the PTF facility? The Malaysian Battalion 850-7 (Malbatt 850-7) peacekeeping force is ready to provide Humanitarian Assistance and Disaster Relief (HADR) if the commitment is required ... WASHINGTON,. Financing amount up to RM300,000 ; 80% guarantee by government via SJPP; Term financing only *Note: The common … 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 . About RM2 billions of financing were approved for 2,000 SMEs under the Special Relief Facility and PENJANA SME Financing, among others. In support of the arts, culture and entertainment sector, Tengku Zafrul noted that the MyCreative Ventures and Cultural Economy Development Agency (CENDANA) under the supervision of the Ministry of Communications and Multimedia has been created to revive the creative industry. What It Is: The banking sector will offer an additional RM2 billion of funding to SMEs impacted by COVID-19 at a concessionary interest rate of 3.5%, with a maximum loan size of RM500,000 per SME. PENJANA (PENJANA SME Financing, PSF) tidak layak memohon. Cagaran TIDAK diperlukan di bawah Kemudahan PTF. The purchase includes all Ovation Travel Group brands, including Lawyers Travel. 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. After that date the credit value will expire from the e-Wallet user’s account,” he said. In terms of empowering the people, he said the PEKA B40 Health Care Scheme (PeKa B40) managed by the Health Ministry received a total of 82,935 claims worth RM5.16 million as at Sept 11, 2020. 3 0 obj 4 0 obj Perlukah PKS menyediakan cagaran untuk mendapatkan pembiayaan di bawah Kemudahan PTF? <> “This will provide coverage of up to RM6,000 to gig economic workers in the event of an accident during working hours. Save my name, email, and website in this browser for the next time I comment. In today's situation it is pertinent to inform our society in line of new and united Malaysia as well as globalisation changes. 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. Adakah 12 IKP tersebut menawarkan ciri kemudahan IKP yang sama dan pada kadar pembiayaan yang serupa? It is initiated by the Government under the Pelan Jana Semula Ekonomi Negara (PENJANA) with support of participating e-commerce partners. Students used to be banned from bringing their mobile phones to school, but as the country currently facing COVID-19, the device has become ... KUALA LUMPUR,. 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. • Secara umumnya, PKS yang layak boleh mendapatkan pembiayaan di … He noted that the Hiring Incentive Programme and Training Assistance, which has been allocated RM1.5 billion to encourage hiring by employers, has assisted a total of 33,688 employees, an increase from 28,577 last week, to get jobs. 11) PENJANA SME Financing (PSF) – Low Financing Interest Rate Of 3.5% Objective: To assist SMEs adversely impacted by COVID-19 in order to sustain business operations. All rights reserved. The Malaysian Battalion 850-7 (Malbatt 850-7) peacekeeping force is ready to provide Humanitarian Assistance and Disaster Relief (HADR) if the commitment is required ... Read More, WASHINGTON,. 1 0 obj “In this regard, I would like to urge all parties to play a role in raising awareness on the importance of gig economy workers contributing to SOCSO for future security,” he said, adding that for more information, visit https://gig.perkeso.gov.my/. On PENJANA GIG, he said the government will cover 70 per cent (RM163) of the contribution to the Social Security Organisation (SOCSO), while the remaining 30 per cent (RM69.80) will be covered by gig workers or platform providers, making up a total payment of RM232.80 per year. – Bernama. Title: Slide 1 Author : dbn42517 Created Date: 8/27/2020 … The financing facility will be made available in mid-June 2020 with a maximum loan size of RM500,000 per SME. The scheme emphasises the early detection of non-communicable diseases to the Bottom 40 per cent of household income group (B40), especially as they age. Offered under the Shariah concept of Bai Al-Einah. © 2016 Asia News Today Network. 5. 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 pg 32 ii-22 Tax Relief for COVID-19 Related Expenses pg 33 ii-23 Financial Stress Support for Businesses … endobj It has also allocated RM300 million in the form of working capital loans under the Skim Pembiayaan Mudah Jaya (SPiM) by Majlis Amanah Rakyat (MARA), with a maximum loan limit of RM1 million with an interest rate of 3.5 per cent per annum. Recipients of Special Relief Facility (SRF) or PENJANA SME Financing (PSF) are not eligible to apply. Kuala Lumpur, 29 June 2020 – Hong Leong Bank Berhad (“HLB” or “the Bank”) announces its participation in the PENJANA SME Financing (“PSF”) Scheme where the Bank will lend its support to local SME businesses which have been adversely impacted by COVID-19. “However, based on SOCSO’s information awareness among gig workers is still low. Fifth, a total fund of RM2bn has been allocated through the PENJANA SME Financing, with priority given to SMEs who have never received a loan from a bank … Financing tenure up to 7.5 years. Hundreds of Londoners defied coronavirus restrictions and rallied outside the US embassy on Sunday in solidarity with protests raging across the United States over ... KUALA LUMPUR,. Please click here for details. “The Entrepreneur Group Economic Fund (TEKUN) Business Recovery Scheme or TBRS, which aimed to help support the cash flow of the micro small and medium enterprises (micro SMEs) sustain and keep their employees, has channelled RM71.2 million benefiting 10,649 micro SMEs as at Sept 11, 2020,” he said. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said for the PENJANA Tourism Financing, the government had received 461 SME applications. 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. The B40 group can register with the PEKA B40 Scheme through the official link regulated by the ministry which is https://www.pekab40.com.my/eng. Defying lockdown, Londoners protest against George Floyd’s death outside US embassy, Beirut blast: Malbatt 850-7 ready to provide humanitarian, disaster relief, Covid-19 inflicts huge US jobs losses; Pence aide infected, Sukuk Prihatin subscription hits RM666 mln, exceeding RM500 mln initial target, COVID-19: Malaysia records 82 new cases, with 60 from Sabah, Strong quake hits south of Shetland Islands, 132 residents in two Sibu longhouses screened for COVID-19, Smartphones essential for home-based teaching and learning, Ovation Travel Group acquired by American Express Global Business Travel, Schools in Balik Pulau closed as API hits 211, Thailand to ban glyphosate and other high-profile pesticides, In swipe at DAP, Hadi says Malay-Muslim cooperation superior to ‘Malaysian Malaysia’, Peculiar passport application leads to discovery of identification documentation scam. Purpose of Financing. Registered with the Companies Commission of Malaysia (SSM)/authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers. Meanwhile, Tengku Zafrul said in the same period, 10.98 million people have received RM50 in their e-Wallets with a total value of RM548.8 million under the ePENJANA. 5. LONDON,. OUR MISSION %���� %PDF-1.5 According ... SIBU,. 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. The HLB PSF scheme is available to all SMEs including emerging SMEs (i.e. SMEs with a minimum of 12 months business operations or SMEs with no credit / borrowing history) as part of their business recovery and … ’ s information awareness among gig workers is still low yang serupa 11,067 nurseries and. 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