Tourist arrivals, a major source of income for the country, has stopped following the MCO, hurting the sector badly.
PETALING JAYA: Tax relief, salary subsidies and a RM1 billion financing scheme announced by the government today will allow tourism players to stay afloat and competitive during the new normal, Tourism, Arts and Culture Minister Nancy Shukri said today. These initiatives were announced by the prime minister under the RM35 billion Short-term Economy Restoration Plan .
In a statement, Nancy said details of the RM1 billion financing package would be released by Bank Negara Malaysia next month.“The initiatives announced by the PM show that he is concerned about the grouses raised by those who had come to me personally.“Several programmes and finance packages worth RM225 million will be implemented through cooperation with MyCreative Ventures, Malaysian Digital Economy Corporation and private parties,” she said.