00:00When the business started 7 years ago,
00:04the operation Advanced Sincere Sendan Berhad
00:06was owned by businessman Simon Ng.
00:08He only needed 2 workers
00:10because the market supplies fresh seafood
00:13such as prawns, crabs and fish to several restaurants and hotels.
00:17But now Simon is happy to see his business growing.
00:22With almost 30 workers and getting the trust of suppliers from Turkey,
00:27Italy, Spain and Australia
00:30to import ingredients such as pasta, olive oil and tomato paste
00:34which are all Halal.
00:38We started with seafood, fresh and frozen.
00:44In the past, we started with around 10 items.
00:48Up until now, I think it's around 200 items.
00:52All of this came to a standstill after his application
00:55to join the Business Investment Guarantee Scheme
00:57was approved by the Business Investment Guarantee Company.
01:00It was fully owned by the Minister of Finance.
01:04Okay, after that, we got the SGBP Guarantee Scheme.
01:10Our company can expand,
01:13we can import goods from other countries
01:18to be supplied to hotels, restaurants and other places.
01:24According to him, he was assured by the Agrobank
01:26to get financing
01:28since his company has a small and simple business status
01:32with a smooth financial flow and a clear business goal.
01:37The Agrobank employees showed this program to us
01:43and also explained the benefits of the SGBP.
01:51I believe that more small and medium-sized companies
01:55can expand,
01:57but in the face of difficulties,
01:58they can get financial financing
02:00to continue and advance in their business.
02:04The process is actually very simple.
02:09The SGBP Guarantee Scheme
02:11helps the company's payment process from the Agrobank.
02:18The interest rate of the SGBP is offered at 0.7%.
02:23If it can be reduced to 0.5%, it will be better.
02:27Other initiatives are offered to develop businesses
02:30such as the Bumi Putra Employment Guarantee Scheme,
02:33Employment Guarantee Scheme
02:35and Start-Up Employment Guarantee Scheme.
02:38In addition, there are export and women's schemes,
02:41automation and digital guarantee schemes,
02:43ease of travel financing schemes,
02:46and rental rehabilitation schemes for buses and taxis.
02:51I'm Izzaty and Zainal Aymar Muhammad Yusuf for Berita FmT.
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