STR, Sara help boost sales for retailers and SMEs, says business leader

Free Malaysia Today

The aid initiatives, which have seen an increase this year, are not only benefiting the needy, but also retailers, including small traders, says Ameer Ali Mydin.  Read More:  Laporan Lanjut:  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #SumbanganTunaiRahmah #SumbanganAsasRahmah #Mydin

Transcript

00:00Retailers and small and medium-sized enterprises have seen a surge in sales thanks to the RM13

00:08billion Sumbangan Tunai Rahma and Sumbangan Asas Rahma Aid initiatives this year, said

00:13Federation of Malaysian Business Associations' advisor, Amir Ali Maiden.

00:18Amir, who is also the managing director of the Maiden hypermarket chain, said the public's

00:23increased purchasing power has doubled sales at their business locations each time STR

00:29and SARA payments were dispersed.

00:32He said he expected sales at the 1,200 retailers nationwide under the SARA program to continue

00:38to soar following the government's decision to raise the allocation to RM200 a month starting

00:43next month, up from RM100 allocated from January to March.

00:48The SARA assistance rate for its 700,000 recipients has been increased to RM2,100 this year, up

00:55from RM1,200 in 2024, while the STR involves around 4.7 million households in various categories.

01:03Meanwhile, the Small and Medium Enterprises Association also acknowledged STR and SARA's

01:09positive impact in easing Malaysians' financial burden and boosting sales for retailers.

01:16Its president, William Ng, said he hoped the government will extend the program to

01:20more retail business owners to further stimulate the local economy.

01:25Natasha Biest, FMT.

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