Malaysia sees $800 million tourism sector losses in Jan-Feb | The Business Standard
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THURSDAY, MAY 29, 2025
Malaysia sees $800 million tourism sector losses in Jan-Feb

World+Biz

Reuters
13 March, 2020, 07:30 pm
Last modified: 13 March, 2020, 07:38 pm

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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

Reuters
13 March, 2020, 07:30 pm
Last modified: 13 March, 2020, 07:38 pm
A general view of Malaysia's National Palace in Kuala Lumpur, Malaysia, February 25, 2020. Reuters/Lim Huey Teng
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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