Published on: Friday, January 22, 2021
By: FMT
Credit: ft.com (For Illustration Purpose Only)
Kota Kinabalu: Sabah businessmen have welcomed the government’s RM15 billion Permai stimulus package in general but said it fell short of their expectations on wage subsidy.
Sabah Employers Association president Yap Cheen Boon said the extension of the wage subsidy programme to all sectors was much needed but the prime minister’s announcement left them baffled.
“To give one month’s additional wage subsidy is grossly inadequate when the plight of many businesses does not just last for one month,” he told FMT.
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Yap said the situation businesses were mired in now would persist so long as the Covid-19 pandemic was around.
KOTA KINABALU: The wage subsidy extension announced by Prime Minister Tan Sri Muhyiddin Yassin is welcome but will not adequately address problems faced by businesses and employers, says the Sabah Employers Association (SEA).