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

2 hours ago 2

Want Your Business Featured Here?

Get instant exposure to our readers

Chat on WhatsApp
Selangor Menteri Besar Datuk Seri Amirudin Shari speaks at a press conference at the Selangor State Secretariat Building lobby in Shah Alam on March 4, 2026. — Bernama pic

Selangor Menteri Besar Datuk Seri Amirudin Shari speaks at a press conference at the Selangor State Secretariat Building lobby in Shah Alam on March 4, 2026. — Bernama pic

(New users only) Unlock 5.5%* + 10%* p.a. promo rate for 3 months via Versa and enjoy FREE RM10 & when you sign up using code VERSAMM10 with min. cash of RM100 today! T&Cs apply.

By Syed Jaymal Zahiid

Thursday, 16 Apr 2026 1:44 PM MYT

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

Read Entire Article