The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) has decided that the increase in companies' indebtedness threshold from RM10,000 to RM50,000 will be continued without a a time frame set.
Its minister, Datuk Seri Alexander Nanta Linggi said his ministry through the Companies Commission of Malaysia (SSM) saw the decision as an effort to help businesspeople, especially those affected by the COVID-19 pandemic.
"The threshold value (indebtedness) when we set it had a timeline but now we have decided this will continue and without a deadline for now ... SSM and KPDNHEP see this as a way to help those affected," he said during the question-and-answer session in the Dewan Rakyat today.
Nanta was replying to a supplementary question from Ahmad Fadhli Shaari (PAS-Pasir Mas) who wanted to know to what extent the increased indebtedness initiative had helped the affected companies.
Previously, SSM had increased the indebtedness threshold from RM10,000 to RM50,000 as a temporary measure from April 23, 2020 to March 31, 2021 in order to reduce the risk of companies winding up.
On developments involving the Prihatin Business Registration Scheme (SPPP) which was established to help the B40 (lower income) group whose income was affected by the COVID-19 pandemic, Nanta said 21,397 applications through the scheme were recorded under the Business Registration Act 1956 from Jan 1 to Oct 31.
"Of the total, 15,053 applications were from the B40 group while 6,344 applications were received from full-time students of higher learning institutions.
"Meanwhile, a total of 21,107 sole proprietorship businesses and 290 partnership businesses were registered through SPPP during the period, " he said in reply to Cha Kee Chin's (PH-Rasah) original question.
Cha had wanted to know what SSM's initiatives were in helping the B40 group affected by the COVID-19 pandemic to restart their businesses as soon as the economic sector opened up and how the 2022 Budget would benefit them.
"SSM is still opening up opportunities and targeting more than 100,000 new registrations through this scheme to further boost the country's economic recovery after being hit by the COVID-19 pandemic, as planned for by the government in Budget 2022.
"The scheme is expected to benefit the B40 group as well as full-time students in public and private higher education institutions, polytechnics, colleges, skills institutes and skills centres to register businesses under the Business Registration Act 1956 without charging fees for new registrations and business information," said Nanta.
-- BERNAMA
Bernama
Thu Nov 11 2021
KPDNHEP has decided that the increase in companies' indebtedness threshold from RM10,000 to RM50,000 will be continued without a time frame set, said its minister, Datuk Seri Alexander Nanta Linggi. - BERNAMA photo
Malaysia tutup kempen Piala Uber dengan kemenangan 4-1 ke atas Australia
Malaysia mendahului dalam perlawanan pembukaan menerusi pemain perseorangan wanita profesional negara Goh Jin Wei yang menewaskan Tiffany Ho, 21-6, 21-12.
Impak gaji penjawat awam naik lebih 13 peratus
Ketua Ekonomi Buruh di Kementerian Sumber Manusia dan Emiratisasi, Emiriah Arab Bersatu (UAE), Dr Yusof Saari berkata kenaikan gaji penjawat awam bakal memberi impak positif kepada pemulihan ekonomi. #AWANInews
3 terbunuh serangan peluru berpandu Rusia
Serangan turut mengakibatkan kerosakan infrastruktur awam.
Rumah kosong di Jepun pecah rekod, 9 juta unit
Jumlah rumah kosong di Jepun meningkat kepada rekod baharu 9 juta setakat Oktober 2023, iaitu kenaikan sebanyak 510,000 daripada tinjauan sebelumnya yang dijalankan pada 2018.
Kenaikan gaji penjawat awam akan diperincikan semasa pembentangan Belanjawan 2025 - Fahmi
Fahmi Fadzil berkata kenaikan gaji melebihi 13 peratus itu membuktikan komitmen kerajaan kepada penjawat awam.
Australia peruntukan AUD1 bilion banteras keganasan domestik, seksual
Perdana Menteri Australian umumkan peruntukan AUD1 bilion tangani jenayah kegasanan domestik dan seksual yang disifatkan sebagai krisis nasional negara itu.
Puluhan kakitangan berhimpun di Universiti Stanford
Universiti Standford, California antara puluhan institusi yang menyertai protes menggesa menghentikan pembunuhan beramai-ramai terhadap Gaza akibat serangan Israel.
Polis masuk Universiti Columbia, tahan beberapa individu
Pada Selasa, pelajar Universiti Colombia berikrar meneruskan siri protes di kampus sebagai solidariti menyokong Palestin, sekali gus melawan usaha pihak universiti untuk menghentikan mereka.
Tempat kediaman tertinggi dunia akan dibina di Dubai
Ia akan memintas menara Central Park Tower di New York yang berketinggian 472 meter.
PM ingatkan tidak buat tohmahan, fitnah sesuka hati
Datuk Seri Anwar Ibrahim juga mengingatkan pihak-pihak ini untuk tidak menyebarkan kenyataan yang tidak berasas.
KKR, CIDB zahir hasrat hantar pekerja ke Nagasaki teroka kemahiran TVET
KKR menerusi agensinya Lembaga Pembangunan Industri Pembinaan Malaysia (CIDB) berhasrat memulakan penghantaran pekerja ke Nagasaki, Jepun menjelang suku keempat tahun ini.
Malaysia, Jepun perkukuh kerjasama strategik dalam sektor binaan - Nanta
Kerajaan Malaysia dan Jepun memperkukuhkan kerjasama strategik dalam sektor teknologi dan digitalisasi pembinaan, infrastruktur jalan, pengurusan bencana dan cerun.
AFPPD pilih Malaysia jadi tuan rumah pejabat sekretariat
Forum Ahli Parlimen Negara Asia Mengenai Populasi dan Pembangunan (AFPPD) memilih Malaysia sebagai pilihan utama untuk menempatkan pejabat sekretariatnya.
Surat batal PJD Link Expressway diserahkan dalam masa terdekat - Nanta
Satu surat rasmi akan diberikan dalam masa terdekat kepada pemaju berhubung pembatalan projek pembinaan Lebuhraya Petaling Jaya Dispersal Link (PJD Link Expressway).
KKR beri jaminan projek kolam selam tempur siap Jun ini
Kementerian Kerja Raya (KKR) akan memastikan projek pembinaan kolam selam tempur di Kem Iskandar, Mersing, Johor yang mengalami kelewatan, siap sepenuhnya pada Jun ini.
Jajaran 'redline' Sarawak dinaik taraf - Alexander
Jajaran 'redline' yang melibatkan jalan persekutuan dan jalan negeri di Sarawak akan direka bentuk semula dan dinaik taraf agar mengikut standard Projek Lebuh Raya Pan Borneo.
Lorong Smart Lane diaktifkan tangani kesesakan jalan raya musim perayaan
Sebagai persediaan menghadapi pertambahan jumlah kenderaan di lebuh raya, lorong Smart Lane diaktifkan pada musim perayaan ini.
Aidilfitri: Kerja selenggara libat penutupan lorong dihentikan sementara - Alexander
Semua kerja-kerja penyelenggaraan di lebuh raya melibatkan penutupan lorong akan dihentikan sementara sehingga 17 April ini, sempena sambutan Hari Raya Aidilfitri.
Tol percuma sempena Aidilfitri 8, 9 April - Alexander
Pengguna lebuh raya membabitkan kenderaan persendirian (Kelas 1) diberi kemudahan tol percuma selama dua hari iaitu 8 dan 9 April bersempena dengan sambutan Aidilfitri tahun ini.
KKR, LLM laksana persediaan tangani kesesakan trafik di lebuh raya menjelang Aidilfitri
Alexander Nanta Linggi berkata kerajaan amat prihatin berhubung kesesakan lalu lintas yang berlaku menjelang musim perayaan ini khususnya di Lebuhraya Utara Selatan (PLUS).