Latest news with #RM71.28
Daily Express
03-07-2025
- Business
- Daily Express
Eight Tekun financing schemes available for micro-entrepreneurs
Published on: Thursday, July 03, 2025 Published on: Thu, Jul 03, 2025 Text Size: KOTA KINABALU: Sabah Tekun Nasional is offering eight financing schemes for micro-entrepreneurs and contractors, with the Contract-i Financing Scheme receiving the highest allocation this year. Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick ( pic ) said RM71.28 million has been allocated for the Kontrak-i scheme alone in 2025. He said Tekun Nasional, under his ministry, provides microfinancing for micro, small and medium enterprises (MSMEs) nationwide. From January to May this year, RM43.71 million was disbursed to 2,213 entrepreneurs in Sabah through various schemes, including the newly introduced SPUT, TVET and Craft Entrepreneur schemes. Ewon encouraged more micro and small entrepreneurs to contact Tekun offices nationwide to learn about available financing opportunities. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
20-06-2025
- Business
- The Star
FBM KLCI hovers near 1,500 as uncertainty mounts
KUALA LUMPUR: Malaysia's main stock index came closer to dipping below the 1,500-point psychological level on Friday as investors fretted over the escalating Middle East conflict. The FBM KLCI dropped 0.5 points to 1,500.94, grazing the support amid worries the US will mount an attack on Iran over the coming weeks. Meanwhile, Malaysian policymakers are meeting their US counterparts to negotiate the level of tariffs imposed on Malaysian exports. TA Securities said the market sentiment will likely remain muted ahead of the weekend, with investors awaiting the outcome of the negotiations, which will determine future trade relations. "Immediate index support stays at 1,490, with stronger supports found at 1,465 followed by 1,444. Immediate resistance is maintained at 1,564 with next upside hurdles seen at the recent high of 1,586, followed by 1,610 ahead," it said in its market commentary. Rakuten Trade said it believes the market weakness is owing to persistent foreign selling. "Nonetheless, we would advocate our clients to accumulate on the blue chips if and when the index dips below the 1,500 mark at around the 1,480 thresholds," it said in its outlook. On the domestic market, Nestle shaved 21 sen to RM71.28, Petron dropped seven sen to RM3.82 and British American Tobacco fell six sen to RM4.50. Notable gainers included Allianz up 20 sen to RM19.20, Apollo gaining eight sen to RM6.58 and Yinson eising seven sen to RM2.39. Top actives were Magma up one sen to 47.5 sen, Velesto unchanged at 18.5 sen and Pavilion REIT down four sen to RM1.50.
