FROM a sleepy fishing village in Sematan at the tip of Sarawak, cutting through the bustling city of Kuching and to the wilds and the dazzling beaches of Tawau in Sabah, the 2,325km Pan Borneo Highway straddles the two biggest states in Malaysia.

The fund via the Bumiputera Agenda Steering Unit (Teraju) was announced by Chief Minister Tan Sri Musa Aman after chairing the first Bumiputera Economic Council Meeting on Tuesday.

KOTA KINABALU: Chief Minister Tan Sri Musa Aman yesterday announced a Pan Borneo Highway Contractor Financing Facility specifically for bumiputera contractors in Sabah.

Kota Kinabalu: Bumiputera development in Sabah received a further boost with over RM600 million allocated by the Bumiputera Agenda Steering Unit (Teraju) and the State Government for various programmes and initiatives.

PETALING JAYA: Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP), an agency tasked with according government guarantees for small and medium enterprises’ (SMEs) financing needs, has seen about half of the RM27.2 billion of financing it can dish out taken up.

The government has offered up to RM16.7 billion funds for small and medium enterprises (SMEs) from Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) in the form of government guarantee schemes.