Covid-19: With tourism industry at a standstill, calls for subsidies, incentives | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Covid-19: Tourism industry at a standstill, calls for subsidies, incentives

Wednesday, 01 Apr 2020 01:04 PM MYTAssociation of Tourist Attractions in Penang chairman Ch’ng Huck Theng said the industry has taken a huge hit over the last six months. — Picture by KE Ooi

“We have zero income during the MCO and we have to continue paying salaries and overhead costs,” he said. He said the tourism industry in Penang contributes more than RM1 billion each year in tourism revenue to the state and country and has been a main industry in the state. He hoped the government could come up with another stimulus package to help the tourism industry and the SMEs in the country so that businesses will survive and people would not lose their jobs.

There are about 60 organisations under ATAP with several thousand employees but if any of these organisations were to close down or had to cut cost to survive, the employees will be the first on the chopping board, he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines