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KUSKOP has disbursed nearly RM9 billion to support 250,000 micro, small and medium enterprises under the Power Up 10K initiative, representing more than half of its RM15 billion annual target for the MSME sector.
The Ministry of Entrepreneur Development and Cooperatives has distributed nearly RM7 billion to more than 213,000 MSMEs in the first half of 2026, halfway towards its annual RM15 billion target under the Power Up 10K initiative.
Prime Minister Anwar Ibrahim pledges streamlined loan approvals for micro, small and medium enterprises, citing RM15 billion in government financing facilities and faster processing timelines through BNM oversight and bank compliance measures.
Prime Minister Anwar Ibrahim announced that SJPP has approved RM4.9 billion in financing for more than 6,000 micro, small and medium enterprises during the first half of 2026, reinforcing government commitment to MSME sustainability.
Parliament will tackle MSME funding difficulties and Malaysia's falling media freedom ranking today, with lawmakers questioning government support measures and press sector safeguards.
Malaysia's entrepreneur ministry has approved RM25.27 billion in financing for 847,653 entrepreneurs and cooperatives since 2024, with repayment rates indicating strong business sustainability and cash flow management among beneficiaries.