Selangor sets aside RM134m to shield small businesses from global energy crisis

LocalBusiness & Finance
16 Apr 2026 • 1:44 PM MYT
Malay Mail
Malay Mail

Latest Malaysia breaking stories on politics, analysis and opinions

image is not available

SHAH ALAM, April 16 — The Selangor government today announced a RM134 million “resilience” package to help low-income and small-scale businesses face potential inflationary pressure, as the country faces a global energy crunch wrought by a dragging on war in the Middle East.

Menteri Besar Datuk Seri Amiruin Sharo said the package would be the first phase of additional funds for aid to be disbursed through existing programmes, prioritising access to food, the absorption of living cost pressure and the management of inflation.

“In Selangor we can no longer take the wait-and-see approach, instead we must make preparations to face a prolonged crisis situation,” he said at a press conference here.

MORE TO COME

 

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved