MB: Johor suffered over 20pct revenue loss due to MCO

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MB: Johor suffered over 20pct revenue loss due to MCO
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CORONAVIRUS | Hasni Mohammad says losses were due to less tax collected, drop in investment and tourist arrivals.

CORONAVIRUS | The Johor state government suffered over 20 percent loss of revenue, following the implementation of the movement control order and closure of the Malaysia-Singapore border, Menteri Besar Hasni Mohammad said.

He said the losses were not only due to certain taxes and charges that could not be collected, but also resulted following a drop in investment activities and a decline in tourist arrivals from the neighbouring country. "Johor is a state with considerable potential economically but at the same time, when our neighbouring country, Singapore faces economic challenges...

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