KUALA LUMPUR (July 6): MyCreative Ventures Sdn Bhd will provide a six-month loan moratorium to eligible applicants under the National People’s Well-being and Economic Recovery Package (PEMULIH). The government investment arm, which had been set up to spur Malaysia’s creative industry, said the moratorium will further support creative entrepreneurs in remaining resilient and ease the strain on their cash flow during this challenging period. "MyCreative will continuously support the government's efforts to alleviate the financial burdens faced by the creative industry. He added that many other facilities are currently available under MyCreative, including grants, soft loans and training programmes through the PENJANA and PRISMA programmes. "We at MyCreative are optimistic that applications from members of the creative industry will continue to be well received.

Source: The Edge Markets July 06, 2021 16:41 UTC