BPMB, Matrade team up on RM700m BizConnect initiative to lift Malaysian exporters’ global competitiveness

KUALA LUMPUR, May 25 — Bank Pembangunan Malaysia Bhd (BPMB) has partnered with Malaysia External Trade Development Corporation (Matrade) to accelerate Malaysia’s export ecosystem and broader economic transformation agenda via over RM700 million in strategic initiatives under BizConnect with Exporters Programme.

In a statement, BPMB said BizConnect serves as a platform to strengthen business capabilities, enhance global competitiveness and support Malaysian companies expanding into regional and international markets.

The bank said the initiative reinforces BPMB group’s role in driving measurable developmental impact, in line with Bank Negara Malaysia’s performance measurement framework through stronger business resilience, greater export participation and sustainable economic growth.

“In reaffirming its role in operationalising RM9 billion in strategic initiatives under the national Budget 2026, over RM700 million in export-focused financing, protection and capacity-building solutions is being made available to accelerate export expansion, business internationalisation and global competitiveness.

“Following a successful pilot session in Kuala Lumpur involving 30 companies, BizConnect is expected to engage nearly 100 export-oriented and export-ready businesses across Kuala Lumpur, Penang and Johor Bahru,” it said.

BPMP said participating businesses will benefit from end-to-end support encompassing access to tailored financing solutions, export advisory and market intelligence, strategic partnerships and ecosystem linkages, as well as capacity-building programmes designed to strengthen international readiness.

The development financial institution said the programme allows businesses to access a comprehensive suite of solutions, including the “jaguh serantau” programme, the business exports programme, the export leap scheme, and the Malaysia global connect go export cover.

“The BizConnect also facilitates strategic engagements between exporters, industry partners and Matrade, enabling businesses to explore new financing opportunities, strengthen export readiness, build cross-border partnerships and identify pathways for sustainable global expansion.

“By bridging access to capital, expertise and strategic networks, BizConnect enhances the ability of Malaysian companies to compete more effectively in global markets while contributing towards broader national economic resilience,” it said. — Bernama

المصدر: Malay Mail