Bridging Gaps in Sabah: Credit Solutions & National Standards
Date: November 30, 2023 On November 30, the founding team of Pintar Investments visited Sabah Credit Corporation (SCC) for a meaningful deep dive into the region's financial ecosystem. Understanding the Real Economy: B40 & M40 Our discussion went beyond the surface. We analyzed the unique economic structure of Sabah, where the traditional definitions of B40 (Bottom 40%) and M40 (Middle 40%) often differ from the peninsula. We discussed how many credit-worthy individuals in these groups are underserved simply because they lack formal documentation, despite having strong repayment capacity. Leveraging National Standards for Local Growth A key highlight of the meeting was sharing our involvement in the National E-Invoicing Initiative under MDEC . As committee members for this national program, our team shared first-hand insights on how the upcoming e-invoicing mandates will transform business transparency. We explored how SCC could leverage this national shift to: Validate...