Country’s tourism industry dips into the red
KUCHING: Malaysia’s tourism industry slipped into the red as of June 2020, suffering RM45bil in losses compared to the revenue of RM86.14bil last year following the cancellation of the Visit Malaysia 2020 campaign due to the Covid19 pandemic. Tourism, Art and Culture Ministry (Motac) revealed the painful reversal in the tourism sector, which contributes 15 […]
Over RM30m compensation ruling
KUCHING: A gold investment company Genneva Malaysia Sdn Bhd was ordered by the Kuching High Court to pay compensation of more than RM30 million to 232 individual plaintiffs today. Judge Datuk Lee Heng Cheong made the ruling after examining the losses suffered by all the plaintiffs as well as the concrete evidences. Lawyers representing the […]
Tourism: RM45b losses due to Covid-19
KUALA LUMPUR: The country’s tourism sector is estimated to suffer losses amounting to RM45 billion this year as a result of the closure of the country’s borders due to the Covid-19 pandemic, said Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri. She said that of the total, the international tourism segment was projected to […]
Kota Belud ‘rice bowl’ suffers RM29m in losses
KOTA BELUD: Kota Belud, the ‘rice bowl’ of Sabah, is looking at RM29 million in losses, when nearly 7,000 hectares of paddy fields have been severely damaged by floods that hit the district following heavy rainfall on last Saturday. Kota Belud Integrated Agricultural Development Area (IADA) director Salmah Labulla said that the estimated losses were […]
