Singapore, Malaysia full resumption of travel to boost tourism, economy - Miti


KUALA LUMPUR: The full resumption of land travel between Malaysia and Singapore will catalyse business activities not only for the severely impacted tourism industry, but also provide a strong impetus for the post COVID-19 economic recovery.

It could boost external trade and employment, which in turn, will contribute to the 2022 gross domestic product (GDP) growth projections of between 5.5 per cent and 6.5 per cent, Senior Minister of International Trade and Industry (MITI) Datuk Seri Mohamed Azmin Ali said.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MITI , Azmin Ali , VTL , Malaysia , Singapore 

Next In Business News

AZRB redesignates Wan Zakariah as chairman
LFE Corp secures RM24mil redevelopment jobs
Hubline confirms subsidiary operated helicopter in fatal Sarawak crash
Malaysia's data centre capacity to triple by 2030, according to S&P Global Ratings
EI Power to acquire Shah Alam land for RM17.2mil
FBM KLCI flat; ringgit hits 10-month low against Singapore dollar
Ringgit falls to lowest versus Singapore dollar since November
Palm oil dips on outlook for expanding Malaysian inventories
Traders bet on two rate hikes by year-end before ECB meeting
Mikro MSC to acquire cable and security systems firm for RM30mil

Others Also Read