Big contributor: Tourism is one of the nation’s key industries, accounting for about 20% of total jobs and making up roughly 12% of the nation’s US$500bil (RM2.33 trillion) economy. — AFP
THE government expects the economy to expand faster than it initially projected, thanks to a rebound in exports and near- record foreign tourist arrivals boosting private consumption.
South-East Asia’s second-largest economy will probably grow 2.7% this year, compared with an earlier forecast of 2.4%, Finance Ministry officials said on Friday.
