KUALA LUMPUR: The government’s announcement of a RM100mil financing initiative for Malaysian Chinese micro, small and medium enterprises (MSMEs) has drawn enthusiastic support from SME groups, who hailed it as a “breakthrough” in widening access to capital. ALSO READ: New RM100mil financing for Chinese MSMEs“This is a great kind of financing scheme that can really help entrepreneurs. He added that the scheme should prioritise SMEs unable to obtain loans from commercial banks, rather than duplicating financing for companies that already qualify for conventional bank funding. “For micro SMEs, banks should not operate like normal commercial lenders. They should start small, test repayment capacity, and gradually increase financing as businesses grow and prove their performance,” he said.
Source: The Star January 30, 2026 07:56 UTC