NEWS

Budget 2021 important to enhance workers' skills, revive aviation industry



By Nurhafizah Tan

KUALA LUMPUR,  Nov 19 -- Budget 2021 is important to enhance the skills and marketability of workers in the country’s aviation industry which is affected by the COVID-19 pandemic, as well as to revive  the national aviation industry.

An aviation expert, Captain (Rtd) Abdul Rahmat Omar Tun Mohd Haniff said the airline companies, among the economic sectors most affected by the pandemic, were expected to suffer greater losses and potentially go bankrupt, if there are no affirmative measures are to help the aviation industry.

He said if the 2021 Budget, which was being debated in the Dewan Rakyat, is not passed, it would affect economic development, including the tourism sector, thus stifling all proposals and measures to reverse the effects of the COVID-19 pandemic.

“Even now, we see how empty the shopping malls are, as well as hotels, due to the lack or absence of visitors. Of course, when there is less, or no attraction, or no business opportunities, then the losses of airlines will increase," he told Bernama.

Recently, the media reported on the possibility of the 2021 Budget not being approved after several Barisan Nasional MPs and the opposition expressed conditional support for the budget, which was tabled by the Perikatan Nasional (PN) government last Nov 6.

During the debate session on the Supply Bill 2021, involving a total allocation of  RM322.5 billion and the biggest ever in the country’s history,  some MPs submitted views that amendments should be made, including on the 'one-off' withdrawal of up to RM10,000 from  Account 1 of the Employees Provident Fund (EPF) and extension of the moratorium for six months until June 2021 to help those affected by the COVID-19 pandemic.

Abdul Rahmat Omar said the allocation of RM50 million in the 2021 Budget to train and relocate 8,000 airline employees who lost their jobs could overcome the problem of unemployment and provide opportunities for the employees to venture into other sectors.

“The proposal is similar to the 1Malaysia Training Scheme (SL1M) which was once held for unemployed graduates. Based on statistics, 2.1 percent of the total jobs in the private sector have not been filled, meaning there are 179,000 vacancies," he added.

Meanwhile, a former flight attendant, Mohamad Aizamuddin Zakry, 33, who lost his job in June, opined that if the budget is not approved, it will add to the burden and pressure on the affected airline staff.

“Most of those affected are married and have commitments, like I, myself, have not been paid salary since March. Even if you have savings, you will run out of it, if not employed for along time. Not that I do not look for a job, but there are no job opportunities," he said.

Sharing Mohamad Aizamuddin’s views is Md Arif Kasim, 36, also a former flight attendant, who said that the allocation is important to enable staff of the affected airlines to acquire new skills, hence providing them with added-value in other fields of employment.

“Job opportunities are very limited, especially in unrelated fields that require experience and skills. We can use our working experience. God willing, I am confident we are able to adapt and learn quickly," he added.

A former pilot, Captain Azrin Mohamad Zawawi, 44, said courses in real estate investment and entrepreneurship would provide skills that could be a catalyst for those affected to build new lives and career.

“These people may have the interest and enthusiasm to venture into other jobs, but need help and support, for example, to do business, not everyone has the talent and interest in business, but may be able to try other fields that are more suitable," he said.

-- BERNAMA 

 

 


 





OTHER NEWS

Budget 2022: Impact on fixed income market almost negligible, says Manulife

KUALA LUMPUR, Nov 12 -- The impact from Budget 2022 on the fixed income market is almost negligible, given that there were no major surprises in terms of the country’s debt financing requirement and fiscal position, said Manulife Investment Management (Manulife).


Govt needs to look for other ways to increase revenue beyond Budget 2022 taxes - Expert

KUALA LUMPUR, Nov 11 -- Budget 2022 tax initiatives may not contribute significantly to government revenue and there is a need to look for other ways to increase it for the sustainable economic growth of the country, according to a tax expert.


Budget 2021 formulated based on valid data - MoF

KUALA LUMPUR, Dec 16 -- Budget 2021 was formulated based on reports presented by relevant bodies whose data could be determined to be valid, the Ministry of Finance (MoF) said.


HIGHLIGHTS


EXCLUSIVE


ECONOMIC REPORT

Budget 2021: MoT to provide incentives to lighten people’s burden - Wee 

KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.


2021 Budget : MAFI, private sector must co-operate to optimise Budget 2021

KUALA LUMPUR, Nov 16  -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...

Budget 2021 described as inclusive for all in tourism sector

KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...



BNC LIVE


BUDGET SPEECH



© 2024 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution