Tourism contributes RM42bil to economy


  • Corporate News
  • Saturday, 24 Aug 2019

The first half of 2018 saw 12,730,368 visitors who brought in contributions totalling RM39bil. It was reported in late May that Malaysian tourism is the third largest foreign income earner, after manufacturing and palm oil industry. Tourism accounts for over 7% of the country economy.

PUTRAJAYA: Malaysia welcomed 13.35 million international tourists and recorded a 6.8% growth in tourist receipts, contributing RM41.69bil to the country’s revenue during the first half of 2019.

The first half of 2018 saw 12,730,368 visitors who brought in contributions totalling RM39bil. It was reported in late May that Malaysian tourism is the third largest foreign income earner, after manufacturing and palm oil industry. Tourism accounts for over 7% of the country economy.

Over the first six months of this year, tourism performance grew in terms of per capita expenditure, rising by 1.9% to RM3,121.6 while the average length of stay climbed by 0.4 nights to 6.2 nights.

Top ten international tourist arrivals for the first half of 2019 were from Singapore (5,381,566), Indonesia (1,857,864), China (1,558,782), Thailand (990,565), Brunei (627,112), India (354,486), South Korea (323,952), Philippines (210,974), Vietnam (200,314) and Japan (196,561).

Asean arrivals continued to dominate the share of tourist arrivals to Malaysia with a 70% contribution.

The medium-haul market and long-haul market occupied a 20.8% share and a 9.2% share, respectively. Overall, the performance of the short-haul, medium-haul and long-haul markets registered positive increase with 4.7%, 7.1% and 1.8% growth. — Bernama


Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 7
Cxense type: free
User access status: 3

Tourists , Malaysia , economy , GDP , foreign , income , earner ,

   

What do you think of this article?

It is insightful
Not in my interest

Across The Star Online