#1
#1 out of 1
business1d ago
Ad-hoc public holidays an ‘unhealthy economic habit’ that must stop, says SME association
- Samenta calls for ending ad-hoc public holidays to protect SME planning and costs.
- The group links sudden holidays to penalties and triple wages for some sectors.
- Samenta cites research suggesting an optimal 10 holidays per year.
- Malaysia already has many holidays, according to Samenta.
- Samenta proposes amending the Public Holidays Act 1951 to curb ad-hoc holidays.
- The call urges government messaging to support economic recovery.
- The proposed changes target non-emergency holidays only, per Samenta.
- The issue arose after the prime minister announced an additional Hari Raya holiday.
- The debate centers on balancing flexibility and predictable costs for SMEs.
- Overall, Samenta pushes for governance changes to stabilize SME costs.
Vote 0