Govt aims to empower MSMEs and local traders to share in economic growth, Armizan says
BATU KAWAN, Sept 20 — The government wants to empower micro, small and medium enterprises (MSMEs) and local trader...
Minister Datuk Armizan Mohd Ali emphasized the government's commitment to empowering micro, small and medium enterprises (MSMEs) and local traders to become key contributors to national economic growth. He highlighted that Malaysia's gross domestic product (GDP) growth has been steady, reaching 6% in the second quarter of 2026. Armizan explained that the government's objective is to ensure that local products play a significant role in this growth, and he announced the establishment of a Cabinet Committee on Empowering the Use and Purchase of Local Products.
The committee, chaired by Deputy Prime Minister II Datuk Seri Fadillah Yusof, is responsible for promoting local products through a whole-of-nation approach, involving various stakeholders. The Jom Malaysia Festival Penang 2026, serving as a strategic transformation of the Buy Malaysian Goods Campaign since 1984, aims to foster economic patriotism and build confidence in Malaysian products.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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