More foreign tourists expected to fuel retail spending

Public checking Kwai Chai Hong near Petaling Street and take photos with the Chinese New Year decoration. 25 JANUARY 2025 CHAN TAK KONG/The Star

PETALING JAYA: Malaysia’s position as Asean Chair this year, coupled with a series of festive celebrations and preparations for Visit Malaysia 2026, is expected to drive significant growth in the retail and tourism sectors.

Malaysia is targeting 35.6 million visitors and RM147.1bil in tourism receipts by 2026.