New departure levy strategic to boost local economy — Joshua Woo Sze Zeng | Malay Mail

Malaysia News News

New departure levy strategic to boost local economy — Joshua Woo Sze Zeng | Malay Mail
Malaysia Latest News,Malaysia Headlines
  • 📰 malaymail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 86%

New departure levy strategic to boost local economy — Joshua Woo Sze Zeng

13 April 2019

The purpose of the new departure levy is to promote domestic tourism, that is to boost the local economy by keeping the circulation of capital within the country instead of flowing out to other countries. The fact is that capital is limited — do we want it to stay within the country or flow out? In Malaysia, even when we include the new departure levy and Passenger Security Service Charge RM6 for international departure, it will be RM119, which is lower than Hong Kong's lowest charges by 3.3 per cent or highest charges by 52 per cent.

The focus of a country is to make itself attractive to the international community. When we are attractive, people will come. When we are lousy, people won't come even if free.

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:

malaymail /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Son hopes new stadium boost will be a factor against City | Malay MailSon hopes new stadium boost will be a factor against City | Malay MailLONDON, April 8 — Tottenham Hotspur forward Son Heung-min hopes Manchester City’s players have underestimated the beneficial effect the club’s new stadium will have on his team mates in the Champions League quarter-final, first leg tomorrow. The long-delayed new 62,000-seater arena finally...
Read more »

New business model to boost Felda productivity | The Malaysian InsightNew business model to boost Felda productivity | The Malaysian InsightLands will be managed more productively at less cost, says economics affairs minister.
Read more »

New Netflix series inspired by real-life teen drug kingNew Netflix series inspired by real-life teen drug king'Max' turned up one day at their offices when the series was still being shot after he heard his story had been picked up.
Read more »

PNG’s gas exports to double with new deal | The Malaysian InsightPNG’s gas exports to double with new deal | The Malaysian InsightImpoverished nation inks agreement with with Total, ExxonMobil and Oil Search.
Read more »

In new NSC Bill, stiffer penalties for info leak, Agong gets more power | Malay MailIn new NSC Bill, stiffer penalties for info leak, Agong gets more power | Malay MailKUALA LUMPUR, April 9 — The Pakatan Harapan (PH) government today introduced a new Bill that will empower the Yang di-Pertuan Agong to declare which areas in the country are security hot spots. Tabled for the first reading in the Dewan Rakyat this morning, the draft to amend Clause 3 of the...
Read more »



Render Time: 2025-02-27 09:28:38