{"id":3337,"date":"2020-04-18T09:25:30","date_gmt":"2020-04-18T01:25:30","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=3337"},"modified":"2020-04-18T09:25:30","modified_gmt":"2020-04-18T01:25:30","slug":"tekun-nasional-covid-business-recovery-scheme-attracts-7681-smes","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=3337","title":{"rendered":"TEKUN Nasional COVID Business Recovery Scheme attracts 7,681 SMEs"},"content":{"rendered":"
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KUALA LUMPUR, April 17\u00a0— TEKUN Nasional has so far received 7,681 applications\u00a0for the COVID\u00a0Business Recovery Financing Scheme (CBRM) from entrepreneurs, especially small and medium-sized enterprises (SMEs) affected by the COVID-19 pandemic.<\/p>\n

Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said the agency had facilitated the application for the loans, initially by using Google Form and by email.<\/p>\n

Effective yesterday, an online application system had also been created whereby entrepreneurs could\u00a0apply for the scheme by filling up a form at\u00a0http:\/\/fas.tekun.gov.my\/cbrm\/<\/a>, he said in a statement today.<\/p>\n<\/div>\n

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Wan Junaidi was responding to\u00a0allegations of overly restrictive conditions imposed on COVID-19 affected SMEs that made it difficult for them to apply for the special assistance facility.<\/p>\n<\/div>\n

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On April 6, Prime Minister Tan Sri Muhyiddin Yassin announced the RM10 billion Additional Prihatin SME Economic Stimulus Package. This\u00a0includes RM200 million in soft loans for micro enterprises\u00a0to be provided through TEKUN Nasional with a maximum loan limit of RM10,000 for each enterprise at zero interest rate.<\/p>\n

Wan Junaidi said an applicant only needed to include minimal documents\u00a0—\u00a0a signed declaration form and latest one-month bank statement,\u00a0copy of applicant\u2019s and spouse\u2019s MyKad,\u00a0Companies Commission of Malaysia\/local authorities\u00a0business licence or other official documents as proof of business,\u00a0and a\u00a0copy of the applicant\u2019s utility bill.<\/p>\n<\/div>\n

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He cited\u00a0several reasons for the\u00a0delay in approving applications,\u00a0such as application document not included, incomplete information on the application form, and multiple applications (the applicant\u00a0submitting his\u00a0application more than once).<\/p>\n<\/div>\n

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Another reason, he said, was the Movement Control Order which\u00a0restricted\u00a0the mobility for TEKUN Nasional staff\u00a0to come to the branch offices, as applicants must sign an\u00a0agreement after their applications had been approved.<\/p>\n

For more information, applicants can visit TEKUN Nasional\u2019s website at www.tekun.gov.mu or call 03-9059 8888.<\/p>\n<\/div>\n

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\u201cI welcome comments and suggestions from all parties and I hope that the CBRM will help ease the burden of our micro entrepreneurs and further boost the nation\u2019s economy,\u201d Wan Junaidi said.<\/p>\n

— BERNAMA<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, April 17\u00a0— TEKUN Nasional has so far received 7,681 applications\u00a0for the COVID\u00a0Business Recovery…<\/p>\n","protected":false},"author":1,"featured_media":3338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,7574],"tags":[7380,7471,8389],"class_list":["post-3337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-covid19","tag-covid-19","tag-smes","tag-tekun-nasional"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun.jpg",1398,874,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun-300x188.jpg",300,188,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun-768x480.jpg",640,400,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun-1024x640.jpg",640,400,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun.jpg",1398,874,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun.jpg",1398,874,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun.jpg",1280,800,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun.jpg",1024,640,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/04\/tekun.jpg",720,450,false]},"author_info":{"info":["Editor"]},"category_info":"Business<\/a> COVID19<\/a>","tag_info":"COVID19","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3337"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3337\/revisions"}],"predecessor-version":[{"id":3339,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3337\/revisions\/3339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/3338"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}