Businesses, SMEs urged to register with SSM for fed govt financial aid

Nanta (left) presenting a cheque to CSR recipients during the event.

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KUCHING, Nov 28: Business owners including those owning small and medium enterprises (SMEs) in Sarawak are encouraged to register with the Companies Commission of Malaysia (SSM), an agency under the Domestic Trade and Consumer Affairs Ministry (KPDNHEP).

Its Minister Dato Sri Alexander Nanta Linggi said this would enable all business owners to enjoy the facilities and incentives provided by the federal government.

“I understand and heard the complaints of certain groups of business owners in the State who raised their concerns about not getting any benefits and incentives for businesses provided by the federal government.

“When we analysed further this issue, we found out that it arises from their failure to register their businesses with SSM. This has caused certain business communities to be left out from (receiving) the incentives which were implemented automatically according to the SSM database,” he said.

Nanta said he understood the situation in Sarawak whereby business owners registered their businesses with the State government through the District Councils and local authorities in their respective areas.

“I encourage them to register with SSM because there is much assistance available for businesses which are channelled to those who are eligible, for instance the B40 and M40, according to the database with SSM,” he said in his speech during the closing of the KPDNHEP Youth Consumerism Carnival at Kapit Town Square last night.

Among those present was KPDNHEP secretary-general Datuk Seri Hasnol Zam Zam Ahmad.

Meanwhile, the two-day carnival which started on Nov 26 was organised by KPDNHEP and Kapit District Office in collaboration with SSM, Intellectual Property Corporation of Malaysia (MyIPO) and Malaysia Competition Commission (MyCC).

It was held in Kapit for the first time to provide greater awareness on consumerism and promote businesses to the local residents in particular the youth.

Among programmes held include talks on consumer rights, Mobile Legends competition and ip-explorace which received overwhelming response from the youth.

Nanta added the carnival has also attracted the participation of the private sector, garnering interest from various groups of people to consider venturing into entrepreneurship.

“I hope this programme will open the minds of the residents here and provide accurate information about the assistance from the government for those who are interested to venture into business.

“This is in line with the Keluarga Malaysia aspiration inspired by YAB Prime Minister (Dato Sri Ismail Sabri Yaakob),” he added.

At the function. Nanta also presented corporate social responsibility (CSR) contributions from SSM amounted to RM130,000 to various recipients. — DayakDaily