Domestic tourism expenditure rises sharply in Malaysia

The key socioeconomic indicators for some Malaysian states improved in 2022, buoyed by a 248.1% rise in domestic tourism expenditure reaching 64.1 billion RM (14.06 billion USD) versus 18.4 billion RM in 2021, according to the State Socioeconomic Report 2022 released by the Statistics Department Malaysia (DOSM) on August 7.
Kuala Lumpur (VNA) - The key socioeconomicindicators for some Malaysian states improved in 2022, buoyed by a 248.1% risein domestic tourism expenditure reaching 64.1 billion RM (14.06 billion USD) versus18.4 billion RM in 2021, according to the State Socioeconomic Report 2022released by the Statistics Department Malaysia (DOSM) on August 7.

Chief statistician Datuk Seri Mohd Uzir Mahidin said domesticvisitor numbers spiked by 160.1%, reaching a record of 171.6 million visitorsagainst 2021’s 66 million.

He said the resumption of Malaysia’s internationalborders and its transition to the endemic phase on April 1, 2022 profoundlyimpacted the country’s socioeconomic landscape, as reflected in Malaysia’sgross domestic product (GDP) which rose 8.7% versus 3.3% in 2021, marking itsbest performance since 2000.

Mohd Uzir said the reopening of all economicactivities, particularly tourism-related industries, helped strengthen thecountry’s economy.

Statistics show Selangor received the most visitorswith 22 million, followed by the Federal Territory of Kuala Lumpur and Sarawakeach receiving 16.9 million and 15.5 million visitors, respectively.

Domestic tourists rose 337.1% to 65.1 million against14.9 million in 2021, with Pahang recording the highest growth at 511.8% with7.8 million arrivals from 1.3 million in 2021.

Kuala Lumpur recorded the highest median income growthat 10,234 RM, followed by Putrajaya and and Selangor, he said.

Putrajaya registered the highest average monthlyhousehold expenditure at 8,897 RM.

The country’s inflation increase was driven by anincrease in the expenses related to the food and beverage group at 5.8%;restaurants and hotels at 5%; transportation at 4.7% and household furnishings,equipment and maintenance at 3.5%.

Mohd Uzir said the government’s various proactivemeasures accelerated the economic transition from recovery to consolidation./.
VNA

See more

Ambassador Do Hung Viet, Permanent Representative of Vietnam to the UN, chairs the seminar (Photo: VNA)

Vietnam pushes women’s greater representation in int’l legal bodies

Ambassador Do Hung Viet called for sustained dialogue, sharper awareness and coordinated, practical measures, from the grassroots to global forums, to ensure women are recognised, can contribute meaningfully and have greater access to leadership roles within international legal processes and bodies.

WB plans over 3 bln USD in financing for Philippines

Indonesia, RoK eye stronger creative economy collaboration

Assessing the prospects for cooperation, Minister Teuku Riefky Harsya said that under the Strategic Partnership between the two countries, there are significant opportunities to promote cooperation in production, talent exchange, digital game development and other technology-related fields that would benefit the creative industries of both Indonesia and the RoK.

Thailand targets 33 million foreign visitors this year

Thailand targets 33 million foreign visitors this year

TAT forecasts that Thailand will welcome 33 million international tourists in 2026, generating about 1.55 trillion THB (47.5 billion USD) in revenue, along with 200.4 million domestic trips, expected to generate about 1.1 trillion THB.

​ Thailand secures deal to export 500 tonnes of durian to China

​ Thailand secures deal to export 500 tonnes of durian to China

The highlight of the visit was the signing of a memorandum of understanding (MoU) between producers of Sisaket volcanic durian and the Huizhan market for the supply of 500 tonnes of durian. The agreement is expected to expand the market share of Thai fruit in China while enhancing the value of products protected by geographical indications.

UK backs Indonesia’s OECD accession

UK backs Indonesia’s OECD accession

The UK and Indonesia have launched an Economic Growth Partnership and pledged to work together to address technical barriers to trade, enhance regulatory transparency, and facilitate investment and business activities.

Thai broadcaster Jasmine International (JAS) inks an eleventh-hour deal for World Cup rights.

Thai broadcaster secures FIFA World Cup 2026 rights at last minute

JAS finalised the 70-million-USD agreement with FIFA on June 11. The deal grants the company exclusive rights to broadcast not only the FIFA World Cup in 2026 and 2030 but also a wide range of FIFA competitions through 2030, including men's and women's football tournaments, futsal, beach soccer, the FIFA Club World Cup and FIFA eSports events.

Underground cooling solution helps Singapore ease energy demand

Laos, Japan agree to strengthen bilateral cooperation

Lao Prime Minister Sonexay Siphandone and his Japanese counterpart Takaichi Sanae have reaffirmed their commitment to deepening the Comprehensive Strategic Partnership between the two countries, with a particular focus on expanding economic, trade, and investment cooperation.