{"id":145473,"date":"2021-09-23T14:23:09","date_gmt":"2021-09-23T06:23:09","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=145473"},"modified":"2021-09-23T14:27:26","modified_gmt":"2021-09-23T06:27:26","slug":"malaysias-tourism-receipts-plunge-71-2-percent-to-12-51-billion-usd","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=145473","title":{"rendered":"Malaysia&#8217;s Tourism Receipts Plunge 71.2 Percent To 12.51 Billion USD"},"content":{"rendered":"\n<p>KUALA LUMPUR, Sept 23 (NNN-BERNAMA) &#8211; Malaysia&#8217;s tourism receipts in 2020 slumped 71.2 percent to 52.4 billion ringgit (about 12.51 billion U.S. dollars) from a year ago, as the COVID-19 pandemic dragged the industry, official data showed today.<\/p>\n\n\n\n<p>The travel restrictions to curb the spread of COVID-19 affected Malaysia&#8217;s tourism performance in 2020, the Department of Statistics Malaysia (DOSM) said in a statement.<\/p>\n\n\n\n<p>According to DOSM, inbound tourism expenditure plummeted 84.6 percent year on year, to only 13.7 billion ringgit in 2020; domestic tourism receipts also declined by 58.3 percent year on year, to 38.6 billion ringgit.<\/p>\n\n\n\n<p>The impact of the COVID-19 pandemic is also reflected in the tourism direct gross domestic product, which declined by 72 percent to 28.5 billion ringgit, as compared to 102 billion ringgit in 2019.<\/p>\n\n\n\n<p>DOSM data also showed that the tourism industry had generated 199.4 billion ringgit of gross value added of tourism industry (GVATI) last year, by contributing 14.1 percent to Malaysia&#8217;s gross domestic product.<\/p>\n\n\n\n<p>Due to the government&#8217;s restriction in economic activities, to curb the spread of COVID-19, the GVATI shrank 17.1 percent year on year, from 240.5 billion ringgit in 2019. (1 U.S. dollar equals 4.19 ringgit)&#8211; NNN-BERNAMA <\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Sept 23 (NNN-BERNAMA) &#8211; Malaysia&#8217;s tourism receipts in 2020 slumped 71.2 percent to 52.4 billion ringgit (about 12.51 billion U.S. dollars) from a year ago, as the COVID-19 pandemic dragged the industry, official data showed today. The travel restrictions to curb the spread of COVID-19 affected Malaysia&#8217;s tourism performance in 2020, the Department [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":145478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/145473"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=145473"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/145473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/145478"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145473"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}