Penjana: Employers urged to utilise financial aid to unsure workers’ wellbeing
Monday, 08 Jun 2020 08:30 PM MYT
Malaysian Employers Federation executive director Datuk Shamsuddin Bardan said employers who received the financial aid should not deviate from its objective, that is to encourage employment and save jobs. Shamsuddin also said that it was only right that the government trusts the employer or company in managing the aid without having to set up a monitoring body to monitor it, and with action can still be taken through existing mechanisms against the errant employers.
Among other related challenges is the low demand for goods and services as the people are not so sure of spending their money especially when their jobs are not so secured amid this economic uncertainty. “During this economic uncertainty, we can see that people are spending more on necessities rather than buying furniture for example, so when the government announces this financial initiative, the affected sectors need to take the opportunity to revitalize their businesses.
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