Newsflash Asia – Breaking Stories, Smarter and Faster

[user-icon-header-short device='mobile']

BPMB commits RM700m to support local businesses in export expansion

Bank Pembangunan Malaysia Berhad Group (BPMB Group) has unveiled over RM700m in initiatives under its BizConnect with Exporters Programme, in collaboration with the Malaysia External Trade Development Corporation (MATRADE). This effort is designed to enhance Malaysia’s export ecosystem and support local businesses in expanding internationally.

The BizConnect programme, which aligns with Bank Negara Malaysia’s Performance Measurement Framework, aims to bolster business resilience, increase export participation, and promote sustainable economic growth. BPMB Group stated that these initiatives are part of a broader RM9 billion strategic plan under the National Budget 2026. The programme offers a combination of financing, advisory services, and strategic partnerships to help Malaysian companies scale regionally and globally.

Following a successful pilot in Kuala Lumpur with 30 companies, BizConnect plans to engage nearly 100 businesses across key economic hubs, including Kuala Lumpur, Penang, and Johor Bahru. The initiative supports national priorities under the 13th Malaysia Plan, the New Industrial Master Plan 2030, and the National Energy Transition Roadmap, aligning with the MADANI Economic Framework.

Participating companies will receive comprehensive support, including tailored financing solutions, export advisory services, and capacity-building programmes. The programme also offers specific solutions such as the Jaguh Serantau Programme for Bumiputera SMEs and the Business Exports Programme, which provides export facilitation grants.

By bridging access to capital, expertise, and strategic networks, BizConnect aims to enhance the global competitiveness of Malaysian businesses, contributing to the nation’s economic resilience.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.