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PUNB's performance commendable in implementing bumiputera agenda: Anwar
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia /Economy & Trade

PUNB's performance commendable in implementing bumiputera agenda: Anwar

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

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  • Prime Minister Anwar Ibrahim praised Perbadanan Usahawan Nasional Berhad (PUNB) for its excellent performance in implementing bumiputera development agendas.
  • PUNB aims to approve RM2.25 billion in financing between 2026 and 2030 to accelerate bumiputera company growth and create quality jobs.
  • The agency is improving its financing programs and has lowered the interest rate for Prosper Grow to 3.5% annually to help entrepreneurs manage costs.

Prime Minister Anwar Ibrahim lauded Perbadanan Usahawan Nasional Berhad (PUNB) as a standout agency in advancing bumiputera development, highlighting its effective execution of agendas and strong collaboration with other bumiputera organizations.

"They implement (bumiputera empowerment) well; if they do well, we will increase (financing)," Anwar stated at the SParK 2026: Business Transformation program. He emphasized PUNB's focused approach and cooperation with other bumiputera agencies.

Marking its 35th anniversary, PUNB unveiled its strategic plan, SParK 2026, aiming to approve RM2.25 billion in financing from 2026 to 2030. This initiative seeks to boost bumiputera company growth, enhance commercial scalability, generate quality employment, and strengthen national supply chains.

To support entrepreneurs facing operational costs, working capital needs, and market competition, PUNB is refining its existing financing facilities like Prosper Grow, Prosper Great, and Prosper Impact/Nova. Additionally, the agency has reduced the Prosper Grow financing rate to as low as 3.5% per year.

They implement (bumiputera empowerment) well; if they do well, we will increase (financing). Now, PUNB is among the agencies implementing with a focus on the priorities we have outlined and cooperation with all other bumiputera agencies.

โ€” Anwar IbrahimPrime Minister Anwar Ibrahim speaking at the SParK 2026: Business Transformation program.
DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.