KUALA LUMPUR: The government wants to ensure that the country is on a strong economic recovery path through the implementation of the SemarakNiaga Keluarga Malaysia Programme (SemarakNiaga), which receives an allocation of more than RM40 billion under Budget 2022.
Prime Minister Datuk Seri Ismail Sabri Yaakob said SemarakNiaga not only supports businesses by providing working capital injections or financing, but also through equity injections -- or taking up shares or an equity stake in a company -- for businesses affected by the COVID-19 pandemic.
"This (taking up equity stake) is a novel and innovative solution that has never been implemented before. The government is confident that this initiative will help the entrepreneurs to recover and move forward," he said in a written interview on the SemarakNiaga Keluarga Malaysia initiative (Budget 2022) on Saturday.
Ismail Sabri said that through the government's assistance and support to the business community, more job opportunities will be created as companies recover and grow, hence also restoring the livelihoods of Keluarga Malaysia.
"This will reduce the unemployment rate, which the government targets to be less than four per cent by the year end.
"In fact, we are already building on past achievements," he said, noting that the Department of Statistics Malaysia and Bank Negara Malaysia had recently announced that the nation's economy grew by 3.1 per cent last year compared to a 5.6 per cent contraction in 2020.
Therefore, the government is confident that job creation and business empowerment efforts through Budget 2022 will contribute to this year's projected Gross Domestic Product growth of 5.5 to 6.5 per cent, he added.
On the breakdown of the SemarakNiaga allocation, Ismail Sabri said it consists of RM1.8 billion in micro credit loans, RM2.2 billion in equity/alternative financing, RM14.2 billion in small and medium enterprise (SME) soft loans, and RM22 billion in guarantees through Syarikat Jaminan Pembiayaan Perniagaan (SJPP).
"All levels of businesses, from micro/small to large and listed on Bursa Malaysia, can benefit from measures in the SemarakNiaga initiative in Budget 2022. In fact, for micro SMEs (MSMEs), the government had never before provided such a sizable RM1.8 billion funding with a moratorium feature of up to 12 months," he said.
The prime minister outlined the three objectives of SemarakNiaga, which include to maintain the recovery momentum that Malaysia achieved throughout the fourth quarter of 2021.
The government, through the relevant agencies, has crafted alternative financing and financing schemes for MSMEs and other affected businesses, allowing them to recover and generate revenue once more, he explained.
This includes initiatives to help most impacted sectors such as tourism, retail and entertainment.
He said the second objective is to build business resilience, which includes helping them develop their workers' skills and this is also related to the JaminKerja Keluarga Malaysia initiative launched on Feb 19.
The third objective, he said, is to enable reforms that will help the country transition towards an economy that is sustainable, as well as enabled by digital transformation and IR4.0 (Fourth Industrial Revolution).
"Efforts towards digital enablement include grants for SME digitalisation and smart automation, matching grants to accelerate digital transformation as well as assistance for the gig economy players and start-ups to better navigate the world of commerce and business," he shared.
Ismail Sabri also highlighted that SemarakNiaga is complemented by other Budget 2022 initiatives, particularly those aimed at facilitating business, and this includes preparing businesses for post-COVID-19 operational requirements.
"For example, the government will extend the tax deduction for renovation costs of up to RM300,000 to support standard operating procedure compliance, such as improving the ventilation system and provide additional tax deduction of up to RM50,000 on employee housing rental expenses," he said.
The prime minister said Budget 2022 will also focus on strengthening the country's position as a competitive investment destination, and this includes promoting more strategic investments.
"For example, we have a special strategic investment fund of RM2 billion to attract foreign investment from multinational companies, smart automation matching grants for 200 manufacturing and service companies (RM100 million), and skills/training programmes to train 20,000 workers to support specific industry clusters (RM80 million)," he added.
-- BERNAMA
Bernama
Sun Feb 20 2022
![SemarakNiaga will help Malaysia stay on strong economic recovery path - PM SemarakNiaga will help Malaysia stay on strong economic recovery path - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-02/51645364069_IsmailSabriYaakob.jpg)
Ismail Sabri said the government wants to ensure that the country is on a strong economic recovery path through the implementation of SemarakNiaga, which receives an allocation of more than RM40 billion under Budget 2022. - BERNAMA
![Golongan belia pemacu penting bentuk masa depan industri pembuatan Malaysia - FMM Golongan belia pemacu penting bentuk masa depan industri pembuatan Malaysia - FMM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/41715247870_SohThianLaijpg.jpg)
Golongan belia pemacu penting bentuk masa depan industri pembuatan Malaysia - FMM
Pemimpin perniagaan dan usahawan daripada golongan belia merupakan pemacu penting yang akan membentuk masa depan industri pembuatan Malaysia, kata Presiden Persekutuan Pekilang-Pekilang Malaysia.
AWANI Tonight: 16 July 2024
#AWANITonight with @Hafiz_Marzukhi
1. Govt mulls amending Penal Code to deal with cyberbullying
2. England's Southgate resigns after Euro 2024 Final defeat
#AWANIEnglish #AWANINews
1. Govt mulls amending Penal Code to deal with cyberbullying
2. England's Southgate resigns after Euro 2024 Final defeat
#AWANIEnglish #AWANINews
![Empat individu termasuk pasangan pempengaruh bebas tahanan reman Empat individu termasuk pasangan pempengaruh bebas tahanan reman](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/41716613114_TBsprm.jpg)
Empat individu termasuk pasangan pempengaruh bebas tahanan reman
Kesemua individu juga perlu hadir ke pejabat Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) sebulan sekali untuk melaporkan diri.
![KPT alu-alukan syor PAC guna garis panduan pelaburan universiti awam untuk anak syarikat KPT alu-alukan syor PAC guna garis panduan pelaburan universiti awam untuk anak syarikat](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/81719822088_ZambryAbdKadir.jpg)
KPT alu-alukan syor PAC guna garis panduan pelaburan universiti awam untuk anak syarikat
KPT mengalu-alukan cadangan PAC berhubung pelaksanaan dan pemakaian Garis Panduan Pelaburan dan Pembiayaan oleh Universiti Awam 2024, kepada anak-anak syarikat di bawah seliaan kementerian itu.
![SUKMA 2024: Sepak takraw wanita mungkin digugurkan SUKMA 2024: Sepak takraw wanita mungkin digugurkan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/61720679430_AbdulKarimRahman.jpg)
SUKMA 2024: Sepak takraw wanita mungkin digugurkan
Sepak takraw wanita berpasukan berkemungkinan akan digugurkan daripada senarai acara temasya Sukan Malaysia (SUKMA) 2024 berikutan jumlah penyertaan kurang daripada jumlah minimum yang ditetapkan.
10 Berita Pilihan - (16 Julai 2024)
Antara pelbagai berita dalam dan luar negara yang disiarkan di Astro AWANI, berikut adalah yang paling menjadi tumpuan sepanjang hari ini.
![Enam rakyat Vietnam ditemukan maut di sebuah hotel di Bangkok Enam rakyat Vietnam ditemukan maut di sebuah hotel di Bangkok](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-12/41702437730_maut.jpg)
Enam rakyat Vietnam ditemukan maut di sebuah hotel di Bangkok
Enam orang ditemukan maut di sebuah hotel di Bangkok, Thailand pada Selasa laporan media tempatan yang memetik polis Bangkok.
AWANI 7:45 [16/07/2024] - Suspek dibawa ke lokasi | Selamat tinggal rakyat Malaysia | Harimau Malaya hilang taring?
- Polis sahkan suspek bunuh Kartini anggota polis.
- Pan-Gon enggan dedah punca letak jawatan.
- Faisal Halim sedih mentor Pan-Gon undur diri.
- Pakai reben putih di Parlimen, tak salah.
- Pan-Gon enggan dedah punca letak jawatan.
- Faisal Halim sedih mentor Pan-Gon undur diri.
- Pakai reben putih di Parlimen, tak salah.
![Isteri calon gandingan Trump letak jawatan di firma guaman Isteri calon gandingan Trump letak jawatan di firma guaman](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/41721139141_TBJDUSHA.jpg)
Isteri calon gandingan Trump letak jawatan di firma guaman
Usha Vance, isteri kepada Senator J.D. Vance yang dipilih sebagai calon gandingan bekas presiden Amerika Syarikat (AS) Donald Trump awal minggu ini, telah meletakkan jawatannya di sebuah firma guaman,
![Najib fail permohonan di mahkamah rayuan cabar Titah Adendum Najib fail permohonan di mahkamah rayuan cabar Titah Adendum](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-05/71683779541_TBNAJIBRAZAK.jpg)
Najib fail permohonan di mahkamah rayuan cabar Titah Adendum
Berdasarkan sistem e-filing mahkamah, rayuan itu telah ditetapkan untuk pengurusan kes pada 7 Oktober ini.
![PRK Pelangai: Siapa pun calon, dia wakili parti - Ismail Sabri PRK Pelangai: Siapa pun calon, dia wakili parti - Ismail Sabri](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-07/61690800163_IsmailSabri.jpg)
PRK Pelangai: Siapa pun calon, dia wakili parti - Ismail Sabri
Ismail Sabri berkata, tidak sepatutnya timbul isu berhubung siapa yang dipilih bertanding kerana pada akhirnya, calon itu akan tetap membawa nama dan imej parti.
![Pinda Akta DBP, beri kuasa ambil tindakan salah guna bahasa Melayu - Ismail Sabri Pinda Akta DBP, beri kuasa ambil tindakan salah guna bahasa Melayu - Ismail Sabri](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/81668767184_TBISMAILSABRI.jpg)
Pinda Akta DBP, beri kuasa ambil tindakan salah guna bahasa Melayu - Ismail Sabri
Ismail Sabri berkata, perkara itu merupakan sebahagian daripada usaha semasa pentadbirannya, namun tidak sempat dilaksanakan disebabkan pertukaran Kerajaan.
![Tidak bersara, Ismail Sabri akan terus aktif politik walaupun bukan lagi Naib Presiden Tidak bersara, Ismail Sabri akan terus aktif politik walaupun bukan lagi Naib Presiden](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/71668752236_TBISMAILSABRI.jpg)
Tidak bersara, Ismail Sabri akan terus aktif politik walaupun bukan lagi Naib Presiden
Ismail Sabri berkata beliau juga akan kekal menjalankan tanggungjawab sebagai Ketua UMNO Bahagian Bera selepas menang tanpa bertanding.
![Kerajaan 'caretaker' bersidang seperti biasa, bentang bajet mini untuk gaji penjawat awam Kerajaan 'caretaker' bersidang seperti biasa, bentang bajet mini untuk gaji penjawat awam](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/81669110155_TBISMAILSABRI.jpg)
Kerajaan 'caretaker' bersidang seperti biasa, bentang bajet mini untuk gaji penjawat awam
Kerajaan semasa akan kekal sebagai kerajaan caretaker sekiranya tiada mana-mana parti membentuk kerajaan dalam masa terdekat ini.
![Pasca PRU15: 'BN tak sokong mana-mana gabungan bentuk kerajaan' - Ismail Sabri Pasca PRU15: 'BN tak sokong mana-mana gabungan bentuk kerajaan' - Ismail Sabri](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/41668420650_IsmailSabriYaakob.jpg)
Pasca PRU15: 'BN tak sokong mana-mana gabungan bentuk kerajaan' - Ismail Sabri
Dewan Tertinggi Barisan Nasional (BN) telah membuat keputusan untuk tidak menyokong mana-mana gabungan untuk membentuk kerajaan.
![PRU15: Ismail Sabri tiba di Istana Negara PRU15: Ismail Sabri tiba di Istana Negara](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/61669017618_IsmailSabri.jpg)
PRU15: Ismail Sabri tiba di Istana Negara
Tujuan sesi menghadap antara Perdana Menteri dan Yang di-Pertuan Agong berkenaan masih menjadi tanda tanya.
![MH17: Malaysia berpuas hati dan sokong keputusan Mahkamah The Hague - PM MH17: Malaysia berpuas hati dan sokong keputusan Mahkamah The Hague - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/81668748485_Dutchcourt.jpg)
MH17: Malaysia berpuas hati dan sokong keputusan Mahkamah The Hague - PM
Malaysia sentiasa berpendirian bahawa perbicaraan yang dijalankan mesti berlandaskan kebenaran, keadilan dan tanggungjawab.
![PRU15: 'Deklarasi Profesor Melayu G70 sokong Anwar' tidak wakili MPN - Ismail Sabri PRU15: 'Deklarasi Profesor Melayu G70 sokong Anwar' tidak wakili MPN - Ismail Sabri](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/41668420650_IsmailSabriYaakob.jpg)
PRU15: 'Deklarasi Profesor Melayu G70 sokong Anwar' tidak wakili MPN - Ismail Sabri
Perkara itu dimaklumkan Presiden MPN sendiri, Profesor Datuk Dr Raduan Che Rose ketika dihubunginya pada Rabu.
![Banjir: Jawatankuasa Pengurusan Bencana Negeri seluruh negara telah diaktifkan - PM Banjir: Jawatankuasa Pengurusan Bencana Negeri seluruh negara telah diaktifkan - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/61668659758_TBIsmailSabri.jpg)
Banjir: Jawatankuasa Pengurusan Bencana Negeri seluruh negara telah diaktifkan - PM
Ismail Sabri berkata, fokus gerak kerja di peringkat negeri dan daerah telah bersiap sedia untuk menghadapi sebarang kemungkinan.
![PRU15: 'Saya masih calon PM untuk BN, tiada perubahan' - Ismail Sabri PRU15: 'Saya masih calon PM untuk BN, tiada perubahan' - Ismail Sabri](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-10/71666866453_MajlisAmanatJelaja.jpg)
PRU15: 'Saya masih calon PM untuk BN, tiada perubahan' - Ismail Sabri
Jelas Ismail Sabri, tiada perubahan mengenai keputusan yang telah dibuat BN sebelum ini.