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Libat hopes hopes the federal government will formulate a special agenda and specific financial allocation for the Dayak business community.
KUCHING (Oct 18): The Dayak Chamber of Commerce and Industry (DCCI) hopes the federal government will formulate a special agenda and specific financial allocation for the Dayak business community.
Its secretary-general Libat Langub said this is to address the issues affecting the economic conditions of the Dayak business community.
“Although there will be provisions in the Budget 2025 towards special benefits for the Bumiputera business community as a whole, DCCI would still like to reiterate on such request.
“Since the formation of Malaysia and throughout the 12 Malaysia Plans, the Dayak business community has not reaped much benefit,” he told The Borneo Post.
Budget 2025 will be tabled by Prime Minister Datuk Seri Anwar Ibrahim in Parliament today.
Libat said DCCI is also hoping for a special unit dedicated to uplifting and advancing the socioeconomic cause of the Dayak business community to be established under the Prime Minister’s Department.
“We in DCCI can play a part in giving our views and opinions to the government, if required to do so, in setting up the said unit,” he added.
DCCI, he said, is also seeking for an increase in allocation so as to enable more untitled Native Customary Rights (NCR) land to be issued with titles.
Libat said although land is considered an economic asset, financial institutions do not accept untitled NCR land as collateral or security, and that many government agencies are unable to process commercial micro-financing based on NCR land.
“Apart from greatly enhancing the commercial value of NCR land, the titling of land gives Natives the security of a tangible document or paper, like mixed zone lands, where their land is properly surveyed and their ownership endorsed on a legal document of title.
“Titling gives the NCR landowner an indefeasibility of title to his land, an important and ultimate concept of ownership under the Torrens system of which our land law is based upon.”
Additionally, Libat said DCCI is proposing a specific allocation for capacity-building training and mentoring, in order to benefit Dayak entrepreneurs as well as small and micro rural businesses.
He said for many years, DCCI had successfully organised numerous capacity-building training programmes for the Native business community in fields such as homestay, digital marketing, and basic business accounting, in both urban and rural areas.
“In view of the globalised digitalisation of businesses, DCCI hopes that the budget will focus on the development of relevant infrastructures in Sarawak, so as to enhance the digitalisation and technological advancement of the e-commerce and AI technology platform.
“Due to the vastness of the state and the remoteness of many rural villages, it is proposed that Sarawak be given a big allocation towards realising the said advanced technological business objectives,” he said.
He added that for businesses, DCCI would want to see an individual tax cut for the next five years, meant to alleviate the current high costs of living as experienced by many Malaysians.
“The same holds true for businesses to recover and regain their strength following the Covid-19 pandemic. This would enable companies to continue employing their workers. Otherwise, unemployment would set in, which does not augur well for the country,” he said.
Moreover, he pointed out that for many small Dayak businesses, the implementation of e-invoicing would surely be an added burden and challenge.
“The present proposed threshold of annual turnover of RM150,000 should be increased by at least five fold, given that many small- and medium-sized businesses may not have the capacity to comply in view of the added work and digital invoicing costs,” he said.
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