Pekilang kecewa ‘kekurangan sokongan’ dalam belanjawan

Pekilangan Malaysia (FMM) has expressed disappointment with the 2027 Budget, stating that the sector lacks sufficient support. President Jacob Lee cited rising operational costs and hindrances in adopting technology, innovation, and green investments as challenges. FMM's disappointment stems from a RM1.5 billion support package not being included in the national budget, hindering small and medium-sized enterprises (SMEs) in the industry from bearing the costs of technology adoption.

Lee urged the Ministry of Finance to discuss with the industry about setting a minimum wage of RM2,500 per month for skilled workers and graduates, arguing that wages should be market-driven and not predetermined by the government. Lee also emphasized that the lack of skill alignment may lead employers to pay higher wages and incur additional training costs for new employees, making it necessary for the industry to align with the proposed labor framework.

Meanwhile, Lee welcomed the review of green investment incentives and expected clearer eligibility criteria and easier access, as the incentives would encourage more investment in automation and technology, crucial for enhancing competitiveness and creating higher-paying jobs. Lee also welcomed the plans to amend regulations to better regulate the e-commerce platform, particularly in light of the influx of foreign companies entering the local market without proper oversight and enforcement.

Lee urged Putrajaya to reassess the impact of low-cost imports entering Malaysia through conventional trade channels and online platforms. The proposed Electronic Commerce Act should be equipped with a thorough review of trade steps and existing oversight, including necessary protection from unfair trade practices, low-cost imports, and non-compliant products, ensuring Malaysian manufacturers and SMEs have a level playing field without stifling legitimate trade or user choices, he said.