Events & News

Malaysia weighs immediate interventions to support struggling tourism sector

The government is working on a series of targeted interventions to help cushion the impact of global uncertainties on Malaysia’s tourism sector, with the Ministry of Tourism, Arts and Culture (MOTAC) taking the lead in coordinating efforts.

Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing said discussions are currently underway with the Ministry of Finance to identify feasible approaches that can be rolled out in the near term.

He explained that the initiative is part of a broader effort to ensure the tourism industry remains stable and adaptable amid ongoing external pressures.

“We are carefully reviewing all relevant factors before finalising any measures. Industry players are urged to allow us the necessary time to develop well-considered solutions,” he said in a statement.

To ensure a comprehensive approach, Tiong said the ministry will conduct extensive engagement sessions involving various segments of the tourism industry, including transport operators and support service providers.

According to him, these sessions will enable the government to better understand the real challenges faced on the ground, particularly in relation to cost burdens, operational constraints and revenue risks.

“The insights gathered will help us design policies that are both practical and responsive to industry needs,” he added.

Tiong also noted that the Ministry of Finance is supportive of the ongoing efforts and will carry out a detailed assessment of the proposals, guided by data and feedback submitted by industry stakeholders.

He said such an evidence-based approach is necessary to ensure that any assistance introduced is appropriately targeted and delivers meaningful impact.

At the same time, he cautioned industry players against taking advantage of the situation, reminding them to remain fair in their pricing practices and avoid shifting undue financial pressure onto consumers.

“This is a time for shared responsibility. All parties must play their role in preserving economic stability and ensuring a balanced market environment,” he said.

Tiong stressed that Malaysia’s economic resilience has been built on cooperation and trust, and called on all stakeholders to continue working together to overcome external challenges.

He added that the government will prioritise both the welfare of the rakyat and the sustainability of the tourism sector, with any new measures to be introduced in stages following careful evaluation.

– ASEAN FOOD & TRAVEL