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Economist Manokaran Mottain told StarBiz that the government should be commended for its intervention policies that have helped to support the local economy

PETALING JAYA: Prime Minister Datuk Seri Ismail Sabri Yaakob’s cabinet has received a neutral report card from the investing community amid fresh goals set out for the longer-term.

While some industry people acknowledged that the government has made some good progress in managing a pandemic-stricken economy, there are also views that more could have been done.Certain ministers such as Tengku Datuk Seri Zafrul Abdul Aziz and Khairy Jamaluddin, who helm the finance and health portfolios respectively, were viewed as among those who performed relatively better.Ismail was appointed as the ninth Prime Minister on Aug 21, replacing Tan Sri Muhyiddin Yassin, who holds the record of being Malaysia’s shortest-serving prime minister. Ismail announced his Cabinet on Aug 27.Certain ministers such as Tengku Datuk Seri Zafrul Abdul Aziz and Khairy Jamaluddin, who helm the finance and health portfolios respectively, were viewed as among those who performed relatively better.Economist Manokaran Mottain told StarBiz that the government should be commended for its intervention policies that have helped to support the local economy.

He said further that the government has strengthened the rakyat’s socio-economic position via timely cash handouts such as Bantuan Keluarga Malaysia, while not neglecting businesses, especially the small and medium enterprises (SMEs).

“The Human Resources Ministry has also been supporting the labour market through wage subsidies and compensation for the retrenched.

“In addition to this, it is a welcome move that the government is reviving infrastructure projects such as the high-speed rail,” said Manokaran, who is also a director of Rising Success Consultancy.

Malaysia Semiconductor Industry Association (MSIA) president Datuk Seri Wong Siew Hai said the government has been reviewing regulations to make it more efficient for businesses to operate.Malaysia Semiconductor Industry Association (MSIA) president Datuk Seri Wong Siew Hai said the government has been reviewing regulations to make it more efficient for businesses to operate.

As the economy tries to regain strength, creating an enabling environment for businesses to recover is highly important.

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