Home > News > Nation
Tuesday April 29, 2014 MYT 12:00:00 AM
Tuesday April 29, 2014 MYT 8:48:15 AM
by lee yen mun
Proud moment: Hasan (centre) and Domestic Trade, Cooperatives and Consumerism Ministry chief secretary Datuk Alias Ahmad (third from left) posing for photographs with the excellence award recipients in Putrajaya.
PUTRAJAYA: More than 60,000 job opportunities are expected to be created by 2020 under the Government’s plans to modernise traditional sundry shops and automotive workshops.
Tukar, or the Retail Shop Transformation Programme, is expected to generate 51,450 jobs and contribute RM5.5bil to the gross national income (GNI), said Domestic Trade, Cooperatives and Consumer-ism Minister Datuk Hasan Malek.
He said the Automotive Workshop Modernisation (Atom) Programme is targeted to achieve a GNI impact of RM1.1bil and create 9,100 jobs.
“We must always remember that for every sen of the rakyat’s money that we spend, we must bring a multiple-fold return of investment.
“Hence, all planning and implementation of programmes or activities must be inspected thoroughly to produce the best impact by optimising all resources and avoid wastage,” Hasan said in his speech, the text of which was distributed to reporters at the ministry’s staff excellence awards ceremony here yesterday.
He said 522 shops were given a facelift under the Tukar programme last year while 203 automotive workshops joined the Atom programme in the same period.
A total of RM149mil was allocated from 2011 to 2013 to implement Tukar, which provides participating neighbourhood grocery shops with financial assistance and training to modernise their businesses and allow them to better cope with increasing competition.
The Atom programme offers a
soft loan of RM100,000 for participating automotive workshops and RM50,000 for motorcycle workshops at a 3% interest rate and a repayment period over 15 years.
Both are projects introduced under the wholesale and retail National Key Economic Area.
Hasan, who did not meet reporters at the event, made no mention of the Auditor-General’s Report 2013 released earlier this month which found that 26% of the Tukar shops surveyed had recorded a decline in sales.
The National Audit Department, which visited 70 of the 1,609 Tukar shops in the course of its audit, said 18 among these stores recorded a decline in sales.
The Auditor-General also reported that 10 shops had to close their businesses due to a lack of capital, difficulties in securing supplies and managing their finances.
Tags / Keywords:
Business, TUKAR, ATOM, Kedai Rakyat 1Malaysia
Upgrade thyself, workshops
Johor sets aside RM1.5mil for Tukar scheme
Worlds Of Wonder: Alternate Earths clash in DC’s Convergence
Never be late again: Japan clocks keep time for 16 billion years
Tukar ready to help confused shopowners
MACC denies info leak on 1MDB, director quizzed
MCA: Multi-stream education system not a cause for disunity or disharmony
Salleh Said: Amendments to two Acts not to curb internet users
Balung rep appointed new Sabah State Legislative Assembly Speaker
Part-time model stripping case on Aug 10
How to manage your project cashflow
Yahoo! buys social shopping website Polyvore
Home-cooked dishes, a heritage to be proud of
Andrea pushes Malaysia to the fore in World Junior Championships
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)