A year on from GE14, industries still do not know what to expect from a government elected on the back of public anger and a highly populist economic plan. — Reuters picBusinesses say they are still reeling 12 months after Pakatan Harapan took power, and are unable to inject confidence despite the new government’s repeated assurance that the private sector can continue to rely on state support.
The sentiment reflects a summary of views shared by heads of associations representing some of the country’s key industriesDatuk Soh Thian Lai, Federation of Malaysian Manufacturers What the sector needs is the government to think of ways to increase confidence, how to ease and reduce costs of doing business. They need to lift regulatory burden. There are too many new taxes. We can have new taxes but those able to enhance the industry so to do this they must have impact analysis before they introduce new measures.
The government is doing its best to control cost of living but just that alone is not enough. They also need to create more opportunities . I understand they need time but as you can see people are getting impatient. If you’re not creating opportunities or enough jobs people will get angry. We appeal to the Malaysian government to put into practise the Malaysia Incorporated policy of being business-friendly. As you know, the business community is working hard to support the government of the day but like Tun mentioned, a lot of ministers still work or act like the Opposition. But to change 61 years of mindset can't take overnight. It takes time.
🇲🇾Post GE14 The people in industries have themselves to blame. Corruption is high in industries as they're the big-time 'givers' to the old-time BN regime. Now they're in a dilemma & befuddled because they don't know how to operate clean. Live with it❗️
The first year of pakatan’s rule is a major disappointment to ALL. Do not expect much to change during the second year, mah.
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