Malaysia Day address should bring further reforms for workers, small businesses, says Guan Eng

DAP MP for Bagan Lim Guan Eng has called for further economic reforms in Prime Minister Anwar Ibrahim's Malaysia Day address on Sept 15, aiming to alleviate cost-of-living pressures and support small businesses. While welcoming several measures announced in Anwar's National Day address on Aug 30, Lim expressed disappointment that the annual sales threshold for exemption from mandatory e-Invoicing was only raised to RM3 million, instead of the desired RM5 million.

He emphasized that this higher threshold would still benefit about 1.1 million MSMEs by exempting them from mandatory e-Invoicing requirements. Other proposed measures include increasing the school maintenance allocation, providing additional funds for hawkers and small traders, and improving digital capabilities in public healthcare.

Lim also renewed his call for a one-year interest moratorium on existing MSME loans and interest-free, collateral-free loans of up to RM50,000.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.