The Business Recapitalisation Facility offers equity financing and a mix of debt financing from PFIs and equity financing via third party equity financiers (blended finance).

The campaign aims to educate about the importance of insurance coverage by providing complimentary advisory services to SME owners.

According to economist Carmelo Ferlito, digital bank licences will allow corporations to facilitate microfinancing, which involves smaller loans with fewer constraints than regular bank loans.

As more businesses offer products and services online, fraudsters are finding loopholes and opportunities to take advantage of the digital shift. Here's how businesses can be one step ahead of fraudsters:

The postponement of Estimated Tax Payable (CP204) and Instalment Payment Scheme (CP500) will be provided automatically to eligible small micro and medium enterprises (MSME) from 1 Jan until 30 June 2022.

Under the "Malaysian Greening Programme: 100 Million Tree Planting Campaign", individuals will receive a 7% tax deduction while companies will get 10% of the total annual aggregate income.

The TNB Reskilling programme is free for employers and workers who wish to join the 10-day training.

According to Bank Negara Malaysia, an additional RM4.5 billion would be allocated as part of the increased support for small and medium enterprises (SMEs) and individuals under Budget 2022.

According to the Socso, the service and manufacturing sectors recorded sectoral retrenchment rates of 69% and 21%, respectively, last year.

Themed "Keluarga Malaysia, Makmur Sejahtera", Budget 2022 has a total allocation of RM332.1bil, the largest ever for Malaysia. These are the highlights: