Save MSMEs to prevent 'magnified' job losses, Guan Eng urges Anwar
KUALA LUMPUR, May 27 -- DAP national advisor Lim Guan Eng has urged Prime Minister Datuk Seri Anwar Ibrahim to prioritise the survival of micro, small, and medium enterprises (MSMEs) to prevent a massive wave of unemployment, following a 21 per cent spike in job losses last month.
In a statement today, Lim, who is also the Bagan MP, noted that while the prime minister has pledged to create alternative employment through IT and AI skills training, such measures may not be enough if MSMEs, the backbone of the nation's economy, are allowed to collapse.
"Anwar should not forget that MSMEs are a critical source of employment, accounting for 48.7 per cent of the country's total employment in 2024. Should MSMEs collapse, the repercussions on j...
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