Allocation of RM134.6m to benefit 16,700 MSME this year

KUALA LUMPUR: SME Corporation Malaysia (SME Corp) will allocate RM134.6 million to benefit some 16,700 micro, small and medium enterprises (MSME) in 2024.

According to Deputy Entrepreneur and Cooperatives Development Minister Datuk Ramanan Ramakrishnan, SME Corp disbursed a total of RM131.3 million in funds for 22,861 MSME nationwide last year.

He noted that the target this year is lower…