Tourism In Malaysia
Tourism in Malaysia
Tourism means activities that occur when tourists travel and staying in places outside their usual environment for not more than a year for business, leisure and etc.
It is the second largest foreign exchange earner, after manufacturing.
Positive impact of tourism industry on economy
1. Contributed to foreign exchange earnings
Tourism expenditures and the export and import of related goods and services generate income to the host economy and can stimulate the investment necessary to finance growth in other economic sectors.
Some countries seek to accelerate this growth by requiring visitors to bring in a certain amount of foreign currency for each day of their stay
2. Contribution to government revenues
Government revenues from the tourism sector can be categorized as direct and indirect contributions.
Direct contributions are generated by taxes on incomes from tourism employment and tourism businesses, and by direct levies on tourists such as departure taxes.
Indirect contributions are those originated from taxes and duties levied on goods and services supplied to tourists.
3. Employment generation
Tourism generates jobs directly through hotels, restaurants, nightclubs, taxis, and souvenir sales, and indirectly through the supply of goods and services needed by tourism-related businesses.
4. Improved in Infrastructure
Local government to make infrastructure improvements such as better water and sewage systems, roads, electricity, telephone and public transport networks,
improve the quality of life for residents as well as facilitate tourism.
5. Contribution to local economies
Tourism revenues are often used to measure the economic value of protected areas.
Not all tourist expenditures are formally registered in the macro-economic statistics.
Money is earned from tourism through informal employment such as street vendors, informal guides, rickshaw drivers, etc.
The positive side of informal or unreported employment is that
Tourism means activities that occur when tourists travel and staying in places outside their usual environment for not more than a year for business, leisure and etc.
It is the second largest foreign exchange earner, after manufacturing.
Positive impact of tourism industry on economy
1. Contributed to foreign exchange earnings
Tourism expenditures and the export and import of related goods and services generate income to the host economy and can stimulate the investment necessary to finance growth in other economic sectors.
Some countries seek to accelerate this growth by requiring visitors to bring in a certain amount of foreign currency for each day of their stay
2. Contribution to government revenues
Government revenues from the tourism sector can be categorized as direct and indirect contributions.
Direct contributions are generated by taxes on incomes from tourism employment and tourism businesses, and by direct levies on tourists such as departure taxes.
Indirect contributions are those originated from taxes and duties levied on goods and services supplied to tourists.
3. Employment generation
Tourism generates jobs directly through hotels, restaurants, nightclubs, taxis, and souvenir sales, and indirectly through the supply of goods and services needed by tourism-related businesses.
4. Improved in Infrastructure
Local government to make infrastructure improvements such as better water and sewage systems, roads, electricity, telephone and public transport networks,
improve the quality of life for residents as well as facilitate tourism.
5. Contribution to local economies
Tourism revenues are often used to measure the economic value of protected areas.
Not all tourist expenditures are formally registered in the macro-economic statistics.
Money is earned from tourism through informal employment such as street vendors, informal guides, rickshaw drivers, etc.
The positive side of informal or unreported employment is that