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Malaysian entrepreneurs urged not to rely solely on government aid
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia /Economy & Trade

Malaysian entrepreneurs urged not to rely solely on government aid

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

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  • Malaysian state government grants aim to spur business growth, not create dependency.
  • Recipients must use aid to improve products and expand sales to compete in the market.
  • The goal is to foster self-reliance, allowing the government to support new entrepreneurs.

Malaysian state government grants are intended to be a catalyst for business expansion, not a source of perpetual reliance, according to Menteri Besar Datuk Seri Wan Rosdy Wan Ismail. He stressed that recipients of the "Usahawan Makmur" grants and product transformation assistance must leverage the funds to enhance sales, improve product quality, and refine packaging for market competitiveness.

Speaking at the grant handover ceremony in Bentong, Wan Rosdy stated that 101 entrepreneurs received grants and 42 benefited from packaging transformation aid, totaling RM916,000. He emphasized that the government's ultimate aim is to help businesses grow and become self-sufficient.

I hope they do not depend on the government forever. There comes a time when they need to be independent because the government can also strive to create new entrepreneurs.

โ€” Datuk Seri Wan Rosdy Wan IsmailThe Menteri Besar expressed his hope that entrepreneurs would not rely on government aid indefinitely and would strive for independence.

"I hope they do not depend on the government forever," Wan Rosdy said. "There comes a time when they need to be independent because the government can also strive to create new entrepreneurs." He added that when existing entrepreneurs become self-reliant, the government can then assist others, thereby increasing the number of successful business owners.

When they become self-reliant, we can help others, so that more people become entrepreneurs.

โ€” Datuk Seri Wan Rosdy Wan IsmailThe Menteri Besar explained that fostering self-reliance among current entrepreneurs allows the government to support the next wave of business owners.
DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.