KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 will strengthen the export ecosystem and support new market exploration, said Prime Minister Datuk Seri Anwar Ibrahim
Anwar, who is also Finance Minister, said Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) will provide a guarantee of up to 70 per cent financing for export-oriented mid-tier companies, including those expanding into new markets, with a guarantee value of up to RM5 billion.
He said the Malaysia External Trade Development Corporation’s (MATRADE) market development grant also allocates RM60 million to facilitate micro, small, and medium enterprises (MSMEs) in exporting Malaysian-made products to existing and new markets, including Africa, Latin America, and the Middle East.
He said this when tabling Budget 2026 in the Dewan Rakyat today.
Additionally, the Prime Minister said EXIM Bank will provide soft loans to assist companies affected by global trade tariff tensions with RM500 million funding.
Following the rationalisation of overseas offices, the government has launched the Strategic Economic, Trade and Investment Network Programme with a RM10 million allocation, especially for high-potential new markets, he said.
|
|
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
