Page 151 - Malaysia Baharu 2018
P. 151
STRATEGY 10 : 6 | MALAYSIAN ECONOMY
Seizing Opportunities In The Face Of Global
Challenges

Strengthening Small and Medium Enterprises (SMEs)
SME fund will be made available via commercial financial institutions
(RM4.5 billion).

~ With a 60% guarantee from SJPP including RM1 billion for Bumiputera.

The corporate income tax rate will be reduced from 18% to 17%.

~ For SMEs with taxable income up to RM500,000 and paid-up capital of up to

RM2.5 million.
The Government will encourage export through financing by the Export-
Import Bank of Malaysia Berhad (EXIM Bank) (RM2 billion).

~ Offering credit and takaful facilities to SMEs exporter.

Upgrading the capability of the SMEs in the halal industry (RM100 million).

~ To increase exports and to make Malaysia a global halal hub.

SME Syariah Compliant Financing Scheme (RM1 billion).

~ Made available via Islamic financial institutions to finance exporters of halal

products.

~ The Government will provide a profit rate subsidy of 2%.

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