KUALA LUMPUR: The Bumiputera Agenda Steering Unit (Teraju) has extended RM1.32 billion in financing to 878 Bumiputera companies.

The initiative forms part of a broader strategy to scale up Bumiputera micro, small and medium enterprises (MSMEs) in selected strategic sectors, including high-value industries, through December 2025.

Deputy Economy Minister Datuk Mohd Shahar Abdullah said the financing was channelled through the Bumiputera Expansion and Catalyst Fund (BECF) and the Islamic Working Capital Project Financing (i-WCPF) programmes.

He added that during the same period, four Bumiputera companies in the high-technology sector received investments totalling RM58.1 million via the VentureTECH strategic investment fund.

For more details, visit the full article here.