{"id":4391,"date":"2020-06-17T12:52:26","date_gmt":"2020-06-17T04:52:26","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=4391"},"modified":"2020-06-17T12:52:29","modified_gmt":"2020-06-17T04:52:29","slug":"mara-records-6-0-percent-revenue-growth-in-2019","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=4391","title":{"rendered":"MARA records 6.0 percent revenue growth in 2019"},"content":{"rendered":"\n<p>KUALA LUMPUR, June 17&nbsp;&nbsp;&#8212; Majlis Amanah Rakyat\u2019s&nbsp;(MARA)&nbsp;investment sector has performed exceptionally well, recording&nbsp;a 6.0&nbsp;per cent revenue growth in&nbsp;2019 compared to the previous year.<\/p>\n\n\n\n<p>Rural Development Minister Datuk Dr Abd Latiff Ahmad said\u00a0one of MARA&#8217;s major contributions was to provide public services to 1.26 million people in rural areas, in line with the rural socio-economic empowerment.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-1024x561.jpg\" alt=\"\" class=\"wp-image-4392\" width=\"556\" height=\"304\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-1024x561.jpg 1024w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-300x164.jpg 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-768x421.jpg 768w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-183x100.jpg 183w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-350x192.jpg 350w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-800x438.jpg 800w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg 1083w\" sizes=\"auto, (max-width: 556px) 100vw, 556px\" \/><\/figure><\/div>\n\n\n\n<p>&#8220;MARA&#8217;s subsidiaries should continue to enhance the agency&#8217;s ability to pay high dividends to shareholders, pursue active involvement in corporate social responsibility (CSR) on&nbsp;target groups, as well as to explore new market opportunities outside of their respective domain,&#8221; he said in a&nbsp;statement today.<\/p>\n\n\n\n<p>Abd Latiff believes MARA is not only significant but also has Bumiputera investment expertise that could&nbsp;compete with open business entities, and the agency should be quick to explore new business opportunities post-COVID-19.<\/p>\n\n\n\n<p>In another development, the statement said MARA will continue to ensure that Bumiputera companies continue to stay&nbsp;competitive from an entrepreneurial standpoint.<\/p>\n\n\n\n<p>\u201cSome of MARA&#8217;s initiatives&nbsp;extended to entrepreneurs include&nbsp;deferring&nbsp;business financing repayments for six months, as well as providing free rentals for April and May, and special 30 per cent discounts on premises for&nbsp;four months.<\/p>\n\n\n\n<p>\u201cThe newly introduced MARA Entrepreneurship Enhancement Programme is an effort to ensure that Bumiputera SME&nbsp;(small and medium enterprise) businesses can cope with the effects of the&nbsp;pandemic,&#8221; the statement said.<\/p>\n\n\n\n<p>&#8212; <a href=\"https:\/\/www.bernama.com\/en\/business\/news.php?id=1851974\">BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, June 17&nbsp;&nbsp;&#8212; Majlis Amanah Rakyat\u2019s&nbsp;(MARA)&nbsp;investment sector has performed exceptionally well, recording&nbsp;a 6.0&nbsp;per cent&#8230;<\/p>\n","protected":false},"author":1,"featured_media":4392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[524],"tags":[],"class_list":["post-4391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg",1083,593,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-300x164.jpg",300,164,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-768x421.jpg",640,351,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da-1024x561.jpg",640,351,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg",1083,593,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg",1083,593,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg",1083,593,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg",1024,561,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/06\/76e6888c3eed581ad3afda1babb1e4d55ee98cdac84da.jpg",720,394,false]},"author_info":{"info":["Editor"]},"category_info":"<a href=\"https:\/\/newmalaysiatimes.com\/?cat=524\" rel=\"category\">Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/4391","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=4391"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/4391\/revisions"}],"predecessor-version":[{"id":4393,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/4391\/revisions\/4393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/4392"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}