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Melaka Offers One Month Free Rent to Small Traders on State Premises
🇲🇾 Malaysia /Economy & Trade

Melaka Offers One Month Free Rent to Small Traders on State Premises

From Utusan Malaysia · (11m ago) Malay Positive tone

Translated from Malay, summarized and contextualized by DistantNews.

TLDR

  • The Melaka state government will offer one month of free rent or a 30% discount on rental premises owned by the state, its subsidiaries, and local authorities.
  • This initiative, costing approximately RM2.6 million, aims to alleviate the financial burden on small traders and hawkers affected by the current economic climate.
  • The state government will also provide a 50% discount on hawker license renewals from July to December 2026, with further extensions of the rental relief to be evaluated based on economic conditions.

The Melaka state government, under the guidance of Prime Minister Datuk Seri Anwar Ibrahim, has taken a proactive step to support its local entrepreneurs. Recognizing the struggles faced by small traders and hawkers due to the prevailing economic uncertainties, the state is implementing a significant rental relief package. This includes a full month's rent waiver for premises under local authorities and a substantial 30% discount for those under state agencies and their subsidiaries.

initiative sewaan percuma itu melibatkan implikasi kewangan kira-kira RM2.6 juta bagi tempoh sebulan yang ditanggung oleh kerajaan negeri.

— Datuk Rais YasinExplaining the financial scope of the rental exemption initiative.

This initiative, with an estimated financial implication of RM2.6 million for one month, underscores the state's commitment to easing the financial strain on businesses that are vital to Melaka's economy. The decision reflects a deep understanding of the daily income dependency of these traders and aims to provide much-needed breathing room.

Langkah ini diambil bagi membantu peniaga kecil dan penjaja yang terkesan dengan keadaan ekonomi semasa serta ketidaktentuan ekonomi global ketika ini.

— Datuk Rais YasinStating the purpose of the initiative to help small traders and hawkers affected by the current economic situation and global economic uncertainty.

Furthermore, the state is extending its support by offering a 50% discount on hawker license renewals until December 2026. While the current rental relief is for one month, the state government has indicated its willingness to assess the need for extensions based on the evolving economic landscape. This demonstrates a flexible and responsive approach to supporting the business community.

Kita faham kebanyakan peniaga di premis di seluruh negeri ini bergantung sepenuhnya kepada pendapatan harian, jadi bantuan ini diharap dapat memberi kelegaan.

— Datuk Rais YasinEmphasizing the government's understanding of the traders' reliance on daily income and the expected relief from the aid.
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.

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