Various initiatives implemented to help hawkers, petty traders recover post-pandemic – caretaker Prime Minister
20 Oct 2022 06:53pm
Caretaker Prime Minister Datuk Seri Ismail Sabri Yaakob (centre) - BERNAMA
He said among the programme implemented in collaboration with agencies and associations is the Usahawan Muda Kota (UMK), which aims to produce more young entrepreneurs to do business in strategic locations within the capital.
He said so far, 1,252 modern, organised and clean business spaces or kiosks had been set up under the programme.
"Apart from that, the government also provides a reduction of up to 50 per cent on premises rent, an exemption for site rental to hawkers and small traders as well as a licence fee exemption for hawkers and petty traders in the Federal Territories to reduce the burden following the implementation of the MCO (Movement Control Order) previously.
"An interest-free Micro Financing Programme amounting to RM50,000 is also offered to hawkers and small traders who carry out business online," he said in his speech at the opening of the Hawkers, Traders and Small-time Entrepreneurs Mega Fair at Dataran Merdeka here today.
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