Stronger tourism activity poised to spur economy


 CLICK TO ENLARGE
CLICK TO ENLARGE

PETALING JAYA: The effect of stronger tourism activity is expected to boost Malaysia’s gross domestic product (GDP) by at least one percentage point (ppt) in 2023, via further recovery in tourist arrivals, resumption of China outbound travelling, and sustained domestic tourism demand.

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!

Next In Business News

IMF warns of slowing Asian growth, spillover from rising yields
Malaysian tycoon piling into Singapore property eyes US$760mil deal
Exporter dollar sales bolster Malaysian ringgit, analysts say
Renewable energy demand to remain resilient despite higher CRESS charges, say analysts
Bursa Malaysia opens in the red amid US rate hike concerns
Ringgit opens lower vs US dollar on renewed US rate hike expectations
Genting to allocate RM280mil from rights issue for interest, financing costs
Trading ideas: Gamuda, MCE, Epicon, IHH Healthcare, AWC, Hibiscus Petroleum, JAG, Infomina, Atlan
CTOS recovery hinges on service restoration
Cress viability intact

Others Also Read