GEORGE TOWN: Up to RM5bil in low-cost financing is being set aside to help small and medium enterprises (SMEs) cope with rising costs and the uncertainties resulting from the Iran conflict. The financing would be channelled through banks, financial institutions and development financial institutions, including Bank Rakyat and SME Bank. “The world is facing a two-in-one global conflict that’s akin to having the Gulf War and Cold War together. Sim announced the funding during his speech at the launch of the Heritage Brands of Penang book, where he emphasised the resilience of local businesses. Beyond traditional print, Star Media Group (SMG) has expanded into digital platforms to reach wider audiences, ensuring its continued relevance in a rapidly-shifting media environment.

Source: The Star April 11, 2026 05:40 UTC