Small traders and hawkers contribute RM652.4bil to GDP, says PM


TEMERLOH: The nation’s community of small traders and hawkers contributed RM652.4bil to the nation’s gross domestic product (GDP) last year, says Prime Minister Datuk Seri Anwar Ibrahim.

He added that the community also created 8.1 million job opportunities over the same period.

Anwar said that the community is the heartbeat of the economy and the people’s heroes who contribute to national development.

“These are the people on the frontlines every day, from morning markets to night hawkers, ensuring fair prices and reflecting the true spirit of commerce,” he said.

His speech was read by Pahang Mentri Besar Datuk Seri Wan Rosdy Wan Ismail, representing Anwar at the HPPK 2025 launch in Lurah Semantan on Sunday.

Also present was Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick.

He said the Madani Government is committed to expanding MSME participation through financing and capacity building programmes, adding that the target is 50% GDP contribution by 2030 under the National Entrepreneurship Policy 2030.

“The National Policy on the Development of Hawkers and Small Traders 2030 should be the principal policy and main guide,” he added.

Anwar said policy implementation must be swift and effective through the strategic role of the Entrepreneur Development and Cooperatives Ministry

He added that he appreciates the ministry’s initiative with Bank Rakyat via Program Jajahan Rakyat to expand digital access and cashless business.

He said the programme also provides more conducive business facilities.

“This initiative aligns with Malaysia Madani, ensuring micro entrepreneurs are not left behind in digitalisation,” he said.

Anwar added that the commitment continues through Budget 2026 focusing on capital injections and financing assistance.

He said it also strengthens access to international markets to empower MSMEs.

Anwar called on the public to appreciate the sacrifices of hawkers and small traders.

He said they work tirelessly for the continuity of the community’s economy.

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

PAS leaders get cryptic about loyalty after Bersatu man’s appointment as Perlis MB
Sabah rep seeks answers over ongoing stateless children begging in Kota Kinabalu
SUPP denies 1MDB link to 2013 donation, says matter settled by courts
Perlis PAS Youth chief claims he was invited to sign SD against ex-Perlis MB
Umno Youth to convene on Jan 3 to weigh severing ties with Pakatan, says Akmal
Perak govt doubles funding for Pawsitive Initiative to tackle stray animal issues
Warning of thunderstorms, heavy rain in six states until 7pm
Authorities to investigate dolphin stranding in Karambunai after viral videos
Kuala Perlis rep Abu Bakar Hamzah sworn in as new Perlis MB
Jalan Bukit Bintang to close for ‘I Lite U’ Festival dry run on Jan 1

Others Also Read