NSTnation The Malaysians Trades Union Congress MTUC has called upon the government to take into account the needs of workers as it seeks to provide assistance for small and medium-sized enterprises (SMEs).
On Saturday, Finance Minister Tengku Zahrul Tengku Abdul Aziz had confirmed that more financial assistance was on the way for SMEs next week, something the companies and employers have been demanding in recent days.
“Over the past few weeks, employers and SMEs have kept reminding Malaysians and the government that SMEs must be saved as they are the backbone to the economy, contributing 38.3 per cent to the country’s GDP. The additional financial aid from the government for the SMEs would likely to be in the billions, on top of the RM100 billion already allocated to the sector earlier.
“Therefore, the government must through the Human Resources Minister make Emergency Employment Regulations to prevent retrenchment, wage cuts and forced annual leave availment during the next one year,” he said. “In due course, these workers will once again become the frontliners for Malaysia’s economic recovery.
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