BUKIT MERTAJAM, Oct 10 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) will intensify efforts to strengthen micro, small, and medium enterprises (MSMEs) next year by leveraging financing facilities and various initiatives announced in Budget 2027.
General : KUSKOP To Continue Enhancing Efforts To Empower MSMEes Via Budget 2027 Initiatives -Sim
Steven Sim, Budget 2027, KUSKOP, MSMEs, business
Key takeaways
KUSKOP will boost MSMEs using Budget 2027 initiatives, including increased financing and tax cuts.
- KUSKOP will use Budget 2027 to support MSMEs with more financing and initiatives.
- Loan facilities for MSMEs will rise to RM57 billion in 2027.
- Tax rates for MSMEs will be reduced by up to 2 percentage points.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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