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Malaysia Allocates 710 Million Ringgit For Vocational Training

RTM Nasional FM Kuala Lumpur 17d11d Impact 5

The Human Resources Development Corporation (HRD Corp) has allocated 10 million ringgit to train 2,000 participants through the VETRI MADANI program. The funds aim to support small traders and local businesses. This injection is part of a broader economic strategy involving various agencies including Bank Rakyat and Tekun Nasional. The measure seeks to mitigate the impact of rising costs on citizens. Malaysia will channel at least 15 billion ringgit into the market to protect micro, small, and medium enterprises (MSMEs) from geopolitical conflict pressures in West Asia. Entrepreneur Development and Cooperatives Minister Steven Sim announced the initiative to ensure local entrepreneurs remain competitive. The funding is part of a comprehensive support series for Labor Day.

The Human Resources Development Corporation (HRD Corp) has allocated 10 million ringgit to train 2,000 participants through the VETRI MADANI program. The funds aim to support small traders and local businesses. This injection is part of a broader economic strategy involving various agencies including Bank Rakyat and Tekun Nasional. The measure seeks to mitigate the impact of rising costs on citizens. Malaysia will channel at least 15 billion ringgit into the market to protect micro, small, and medium enterprises (MSMEs) from geopolitical conflict pressures in West Asia. Entrepreneur Development and Cooperatives Minister Steven Sim announced the initiative to ensure local entrepreneurs remain competitive. The funding is part of a comprehensive support series for Labor Day. Defense Minister Datuk Sri Muhammad Khalid Nordin stated the initiative aims to ensure continued welfare for those who have completed their service. Approximately 30,000 Malaysian Armed Forces veterans have benefited from the program so far. Prime Minister Dato' Sri Anwar Ibrahim announced the Progressive Acceleration for Capability and Employment (PACE) package during a May Day celebration in Bukit Jalil. The package includes providing additional financial assistance for up to one month following the end of a 98-day maternity leave. The measure is expected to benefit more than 132,000 female workers nationwide.

Topics

vocational training government spending

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Sources · 7 independent

RTM Nasional FM

“memperuntukkan sebanyak 10 juta ringgit bagi melatih 2,000 peserta menurut si program VETRI MADANI. Menurut Menterinya Datuk Sri Ramana Ramakrishnan”

RTM Nasional FM

“Kerajaan juga akan menyalokkan suntikan dan asekurang-kurangnya 15 bilion ringgit ke dalam pasaran bagi melindungi sektor perusahaan mikro kecil dan sederhana sederhana PMKS”

RTM Nasional FM

“Government allocates 15 billion Ringgit to protect MSMEs from geopolitical impact.”

RTM Nasional FM

“Sekurang-kurangnya 15 bilawinggi sutikan dana akan disalurkan kedalam pasaran untuk melindungi sektor perusahaan mikro kecil dan sederhana PMKS daripada kesan konflik geopolitis di Asia Barat.”

RTM Nasional FM

“peruntukan Rp60 juta ringgit telah mula disalurkan secara berfasa dengan kira-kira 30 ribu veteran angkatan Tentera Malaysia ATM telah melanima inisiatif itu setakat ini.”

RTM Nasional FM

“Bank negara Malaysia BNM memperkenalkan kemudahan bantuan kestabilan PKS, yaitu kemudahan pembeyaran berjumlah 5 bilion ringgit.”

RTM Nasional FM

“Dato' Sri Anwar berkata demikian ketika berucap pada sambutan hari pekerja 2026 di Bukit Jalil... inisiatif itu dijangka memberi manfaat kepada lebih 132,000 pekerja wanita di seluruh negara. Menderusi Amana Sama Plana Menteri mengumumkan pakej daya tahan ekonomi dinamakan Progressive Acceleration for Capability and Employment. PACE bernilai lebih 710 juta ringgit.”

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