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Public Bank's SME loans,11pc higher in first half |
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PUBLIC Bank Bhd's loan growth to small and medium enterprises (SMEs) has increased by more than 11 per cent in the first half of this year to RM5.6 billion. Public Bank will provide micro financing of RM23,000 to each individual under a 60-month flexi loan arrangement to facilitate them in starting business to market products and services offered by J&C. J&C products include those related to the telecommunications and banking industry and information and communications technology services. It is targeting those who want to work from home, and successful ones can earn a potential monthly income of over RM20,000. They can even settle their loans early as 50 per cent of their income is allocated for loan repayment. |
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Chong finds his pot of gold |
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Though Chong Tze Voon was a school drop-out, it has not stopped him from achieving success. At the age of 19, when other teenagers were preparing for the Sijil Tinggi Pelajaran Malaysia exam, Chong found his first "pot of gold". "If you bet on the right horse, it will lelad you to your pot of gold." said Chong, the chief executive director of J&C Pacific Sdn Bhd. Though Chong Tze Voon was a school drop-out, it has not stopped him from achieving success. At the age of 19, when other teenagers were preparing for the Sijil Tinggi Pelajaran Malaysia exam, Chong found his first "pot of gold". "If you bet on the right horse, it will lelad you to your pot of gold." said Chong, the chief executive director of J&C Pacific Sdn Bhd. J&C hopes to sign up 1,000 resellers for Malaysia Independent Business Ownership (MIBO) programme. |
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Don't wait for jobs to open up, Liow tells fresh graduates. Fresh guaduates are urged be their own boss or join entrepreneurship programmes. Deputy Youth and Sports Minister Datuk Liow Tiong Lai said they should be contented doing part-time jobs while waiting to join the government or private sector. This may explain why about 35% of local graduates are unemployed, he said. On the Malaysian Independent Business Ownership programme, Liow said it was to put youths on the path to entrepreneurship by giving them coaching and training in drawing up viable business plans and helping them to secure loans. |
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J&C Pacific | UOB Bank | PUMM nurturing more entrepreneurs |
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J&C Pacific Sdn Bhd, United Overseas Bank (UOB) and PUMM sign agreement in order to nurture more young Malaysians to become entrepreneurs. UOB Bank chief executive director, PUMM chairman, and chief executive director of J&C Pacific Sdn Bhd sign agreement. J&C Pacific announces that UOB Bank will provide loan to Malaysian who are interested to join MIBO programme. The loan will help more Malaysian to become entrepreneurs. UOB Bank facilitate up to RM23,000 loan while member who interested in MIBO programme pay only RM2,000 as deposit in order to join the business programme. |
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