Malaysia

Govt open to extending Rahmah initiative to banking, insurance sectors: Salahuddin

Domestic trade minister says will hold engagement session with financial institutions

Updated 3 years ago · Published on 18 Feb 2023 5:50PM

Govt open to extending Rahmah initiative to banking, insurance sectors: Salahuddin
The government is open to expanding the Rahmah initiative to the banking and insurance sectors, according to Datuk Seri Salahuddin Ayub. – AZIM RAHMAN/The Vibes file pic, February 18, 2023

KUCHING – The government is open to expanding the Rahmah initiative to the banking and insurance sectors.

Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub said an engagement session involving banks will also be held in the near future to discuss the matter.

“For a way forward, I plan to meet with them (players in the banking industry) and hold an engagement session.

“Who knows (through the session), there could be certain packages offered by banks and insurance companies,” he told reporters after the Sarawak-level launch of the Menu Rahmah initiative here today.

Menu Rahmah is a government initiative to help reduce the burden of the people’s cost of living, especially among the needy, and to allow them to purchase well-balanced meals at a price of RM5 and below.

It is participated by private food and beverage companies on a voluntary basis.

As of February 16, a total of 512 business premises have registered with the Menu Rahmah initiative nationwide. – Bernama, February 18, 2023

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