Economist Hails Move To Make Commerce Easy


Yeah Kim Leng of Sunway University says the government must reduce its involvement in business, cut red tape and simplify the tax system.PETALING JAYA: An economist has welcomed a minister’s statement indicating the government’s determination to pursue reforms that will make it easier to do business in Malaysia
Yeah Kim Leng of Sunway University said he was gladdened by Minister in the Prime Minister’s Department Mustapa Mohamed’s recent remark about an “opportunity for fundamental reforms” that will be presented through the planning for post-Covid-19 economic recovery
He was referring to a news report in which Mustapa was quoted as saying the Economic Action Council’s secretariat was already looking at ideas for the easing of business activities
Yeah said the reforms should revolve around reducing the government’s involvement in business and improving the business climate by cutting red tape and simplifying the process of filing tax returns
He said the government should first aim at helping businesses recover from the virus scare and respond quickly to new opportunities
He spoke of a reduction of the government’s role in business as a key requirement for the reforms
“Where possible, the role of government-linked companies should be taken over by the private sector. One example is Malaysia Airlines. It has been losing money for years. It should be privatised,” he told FMT
He said another important but difficult task would be to find ways to improve the survivability of informal workers and small and medium enterprises (SMEs)
He noted that many such workers and enterprises do not have enough savings to survive the movement control order without government aid
Yeah suggested a scheme akin to the Employees Provident Fund for the informal workers. As for the SMEs, he said, they would have to move up the value chain
Another economist, Barjoyai Bardai of Universiti Tun Abdul Razak, said the government should look to reducing the number of people working for wages and encourage them to become entrepreneurs
“Employment in many jobs is not very stable due to technological disruptions and, taking inflation into account, you can also see that salaries have hardly risen since 2010,” he said
He said the government should carry out extensive retraining programmes to boost productivity, paying for them from a fund similar to the EPF but covering more people
“There are only some six million active EPF contributors,” he said. “A scheme covering a wider group of people would be able to generate more funds.”Lee Heng Guie, executive director of Socio-Economic Research Centre, proposed the reintroduction of the goods and services tax to broaden the tax base and curb the shadow economy
He also said the plunge in oil prices offered an opportunity to revisit existing subsidies
“These resources can be redirected to targeted assistance and subsidies based on needs and income,” he added. - Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2020/04/economist-hails-move-to-make-commerce.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Mu

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Photos 13 Absolutely Healthy And Easy To Make Breakfasts You Can Eat On The Go

Photos 13 Absolutely Healthy And Easy To Make Breakfasts You Can Eat On The Go

papar berkaitan - pada 17/4/2020 - jumlah : 771 hits
Busy life Skipping breakfast will leave you hungry so let time not be an excuse for skipping the most important meal of the day anymore small Cover image via slenderkitchen com small 1 Tofu Scramble It could also be called scramble the vegg...
Malaysia Gesa Wanita Pakai Make Up Tidak Meleter Suami Ketika Tempoh Pkp Jadi Bahan Berita Antarabangsa

Malaysia Gesa Wanita Pakai Make Up Tidak Meleter Suami Ketika Tempoh Pkp Jadi Bahan Berita Antarabangsa

papar berkaitan - pada 1/4/2020 - jumlah : 368 hits
Kerajaan Malaysia menasihatkan golongan wanita memakai make up dan tidak meleter suami ketika tempoh Perintah Kawalan Pergerakan dituduh sebagai seksis Terdahulu kerajaan Malaysia telah mengarahkan 32 juta rakyatnya untuk duduk di rumah bag...
Make Me Shudder 2 Full Hd

Make Me Shudder 2 Full Hd

papar berkaitan - pada 1/4/2020 - jumlah : 175 hits
Jangan lupe tekan iklan2 yg ada dalam blog ini Cukup lah hanya sekali Terima kasih Please Click the advertisment Once is enough Thank YouAIK BACA JE KOMEN LA SIKIT sumber
Make Me Shudder Full Hd

Make Me Shudder Full Hd

papar berkaitan - pada 1/4/2020 - jumlah : 192 hits
Jangan lupe tekan iklan2 yg ada dalam blog ini Cukup lah hanya sekali Terima kasih Please Click the advertisment Once is enough Thank YouAIK BACA JE KOMEN LA SIKIT sumber
Gm To Make Face Masks For Frontline Workers

Gm To Make Face Masks For Frontline Workers

papar berkaitan - pada 1/4/2020 - jumlah : 391 hits
DETROIT As the COVID 19 pandemic spread across the country it created a critical shortage of face masks To help protect workers in essential services across the country GM launched a rapid response project to produce masks at scale on Frida...
Prihatin No Record Individuals Can Make New Applications Says Irb

Prihatin No Record Individuals Can Make New Applications Says Irb

papar berkaitan - pada 2/4/2020 - jumlah : 231 hits
Individuals who received a no record result when checking the Bantuan Prihatin Nasional aid via the Inland Revenue Board official portal can make new applications online until April 30 All they have to do is to click on the new application ...
Covid 19 Will Either Make Or Break Muhyiddin Yassin

Covid 19 Will Either Make Or Break Muhyiddin Yassin

papar berkaitan - pada 3/4/2020 - jumlah : 283 hits
Yes Muhyiddin will need to be very brilliant to pull off the greatest coup in Malaysian history Most importantly Muhyiddin needs to surround himself with brilliant people and he must listen to their advice A smart person does not need to be...
Here S A First Look At The New Huawei Matepad Pro That Ll Make It Easier To Work From Home

Here S A First Look At The New Huawei Matepad Pro That Ll Make It Easier To Work From Home

papar berkaitan - pada 4/4/2020 - jumlah : 374 hits
You can pre order it online from now until 10 April 2020 small Cover image via HUAWEI Andy Boxall DigitalTrends com small HUAWEI just launched their all new MatePad Pro and you can pre order it online from now until 10 April 2020 Priced at ...
Stay Home Make Money

Stay Home Make Money

papar berkaitan - pada 4/4/2020 - jumlah : 321 hits
Sofia nak ajak anda semua yang sedang berada di rumah kerana Perintah Kawalan Pergerakan yang kita tak tahu akan berakhir bila untuk bersama menyebarkan kebaikan produk Shaklee dan juga maklumat tentang suplemen dan juga vitamin Dengan Shak...
Raja Muda Selangor Titah Mangsa Kebakaran Ditempat Di Lokasi Lebih Selesa

Cidb Retracts Statement On Putra Heights Blast Findings

Makluman Mangsa Insiden Kebakaran Saluran Paip Gas Di Putra Heights Telah Menerima Rawatan Yang Sewajarnya Dari Kkm

Gempa Myanmar Penyelamat M Sia Keluarkan Seorang Mangsa Masih Hidup

Petai Tua Jering Muda

Nrd Offers Free Replacement Of Ids For Putra Heights Gas Fire Victims Deploys Mobile Unit

Common For Gas Pipelines To Pass Through Residential Areas Says Ex Engineer

Selamat Hari Raya Aidilfitri 1446h


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Startups Technology Innovation

Aduan Kes Pinjam Along Meningkat Menjelang Aidilfitri Sinar Harian 30 03 2025

Setia Di Hujung Ingatan

Ringkasan Berita Pasaran As Bagi 2 April

Syukur 2025 Jadual Pembayaran Fasa 2 Semakan Status

Mohamad Sabu Minta Mangsa Kebakaran Putra Heights Buat Laporan Polis