Full recovery in tourist arrivals likely in 2024


Malaysia Thailand checkpoint. - File pic

PETALING JAYA: The recent reopening of Malaysian borders should see tourist arrivals rising. However, a full recovery is only likely in 2024, according to CGS-CIMB Research.

“We expect a pickup in the number of foreign tourist arrivals in the quarters ahead. However, a full recovery of the tourism sector may not be likely this year.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Malaysia , tourists , borders , opening ,

   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read