Every day, more and more Malaysians are plagued with worries about the rising cost of living, which is 110% understandable . We certainly could use some help to weather the storm, and lo and behold, Belanjawan 2023 has certainly introduced some measures to fulfil that purpose.
Regardless if you’re a micro-entrepreneur or small business owner, you can apply for financing from agencies like Bank Negara Malaysia , Bank Simpanan Nasional , and Tabung Ekonomi Kumpulan Usaha Niaga , which have been given RM1.7 billion to fund business opportunities.b) FREE bike, e-hailing and taxi licenses for side gigs
To combat underemployment among Technical and Vocational Education and Training workers, the government is assigning RM6.7 billion to implement reforms that ensure they receive more than RM2,000 in salary. One such initiative is that SOCSO will be providing RM600 monthly incentives to employers who hire TVET graduates, with RM45 million allotted for this purpose.