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

Anwar extends condolences over death of MRSM founder Abdul Wahab
Three killed in two-vehicle crash in Kota Tinggi
Two women suffer head injuries after being thrown from Melaka theme park water slide
MetMalaysia warns of bad weather in several states until 9pm, issues advisory for Tropical Storm Narra
About 42% of 51.4ha Punggai bushfire extinguished, Bomba continues to battle flames
MyKad printing services to face disruptions from Aug 26-31
Pahang Sultan urges public to take precautions as haze worsens
Zalena pushes through cancer treatment to support husband Ayob Khan at Maulidur Rasul ceremony
Mother’s boyfriend remanded over alleged harassment of 15-year-old girl
Sunway confirms coaster mishap, cooperating with probe on incident

Others Also Read