RM149 Million to Promote Visit Malaysia Year 2007
September 23rd 2006 01:05
This news article was extracted straight from the Ministry of Tourism Malaysia
KUALA LUMPUR, Sept 2 (Bernama) -- The government has allocated RM149 million to promote Visit Malaysia Year 2007 which will be held with the theme "Celebrating 50 Years of Nationhood".
Prime Minister Datuk Seri Abdullah Ahmad Badawi, who made the announcement when tabling Budget 2007 in the Dewan Rakyat here Friday, said several incentives would also be provided to tour operators.
They include an extension of income tax exemption for operators who provide tour packages with at least 500 inbound tourists per year or 1,200 local tourists per year by another five years until the year of assessment 2011.
Tour operators would also be given excise duty exemption of 50 per cent on locally assembled four-wheel-drive vehicles.
In addition, income tax exemption to employees provided local leave passage by employers, which currently is given for fares, will be extended to include expenses on accommodation and meals.
Abdullah said tourist arrivals rose by 61 per cent to reach 16.4 million in 2005 compared with 10.2 million in 2000.
In the same period, tourism revenue increased to RM32 billion from RM17.3 billion.
The tourism sector also created some 451,000 job opportunities.
-- BERNAMA
KUALA LUMPUR, Sept 2 (Bernama) -- The government has allocated RM149 million to promote Visit Malaysia Year 2007 which will be held with the theme "Celebrating 50 Years of Nationhood".
Prime Minister Datuk Seri Abdullah Ahmad Badawi, who made the announcement when tabling Budget 2007 in the Dewan Rakyat here Friday, said several incentives would also be provided to tour operators.
They include an extension of income tax exemption for operators who provide tour packages with at least 500 inbound tourists per year or 1,200 local tourists per year by another five years until the year of assessment 2011.
Tour operators would also be given excise duty exemption of 50 per cent on locally assembled four-wheel-drive vehicles.
In addition, income tax exemption to employees provided local leave passage by employers, which currently is given for fares, will be extended to include expenses on accommodation and meals.
Abdullah said tourist arrivals rose by 61 per cent to reach 16.4 million in 2005 compared with 10.2 million in 2000.
In the same period, tourism revenue increased to RM32 billion from RM17.3 billion.
The tourism sector also created some 451,000 job opportunities.
-- BERNAMA
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