Malaysia sees $800 million tourism sector losses in Jan-Feb
Muhyiddin said the government also estimates that the pandemic will cause a fall of between 0.8 percent and 1.2 percent to the country’s gross domestic product
A general view of Malaysia's National Palace in Kuala Lumpur, Malaysia, February 25, 2020. Reuters/Lim Huey Teng
Malaysia's tourism sector has likely suffered nearly 3.4 billion ringgit ($794.95 million) in losses in the first two months of 2020 due to the coronavirus outbreak, Prime Minister Muhyiddin Yassin said on Friday.
Muhyiddin said the government also estimates that the pandemic will cause a fall of between 0.8 percent and 1.2 percent to the country's gross domestic product, though he did not specify over what period.
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