MIDF is targeting to approve RM700 million for Malaysian companies this year in their automation and digitisation journey through low financing rate scheme funds and grants. Daily Express Malaysia
State Minister of Industrial Development and Entrepreneurship, Datuk Phoong Jin Zhe said MIDF had recently launched a new Fast Track Approval system where small and medium-sized enterprises can apply for working capital financing up to RM150,000 at a rate of 4pc with conditional approval within three working days.
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