Ministry of Tourism, Arts & Culture Malaysia (MOTAC) Appreciates Provisions in Budget 2021 To The Tourism, Art & Culture

The Minister Finance of Malaysia has presented an inclusive budget taking into account the situation which is very challenging at the moment. Although we are facing a contagious COVID-19 epidemic impacting the whole world, the Government managed to present the Budget 2021 which reflects the concern of the leadership of YAB Prime Minister in ensure all parties contribute to the relevant economic chain with the tourism sector eg. accommodation, transportation, food & beverages, travel agencies, artistic & cultural heritage assets as well as management events in Malaysia are given attention

MOTAC is confident of the Government’s determination in ensuring the 2nd goal ie. Business continuity through Strategy 2 in strengthening the sector-
the focus sector, especially the survival of the tourism industry
is an injection
enthusiasm to all involved in the growth of the tourism, arts & culture in Malaysia

Among the direct focus are: -

v. RM10 million is allocated to ensure heritage buildings nationals eg. The Sultan Abdul Samad Building & Carcosa Seri The country will also continue to be protected & become a tourism icon;
vi. RM35 million to Malaysia Healthcare Travel Council to increase competitiveness of the local health tourism industry. The government will too extend income tax exemption for export of services private healthcare until 2022;
vii. RM1K under the Special Concerning Special Grant will be given to traders & hawkers in Sabah. This special grant will also be given to taxi drivers, e-hailing, rental cars & tour guides at Sabah;
viii. The HRDF fund levy exemption will be granted for a period of 6 months effective from 1 Jan 2021 to help reduce the cash flow burden companies that are still affected. Such exceptions will cover sectors tourism & companies affected by COVID-19;
ix. RM150 million is allocated for the Shop Malaysia Online initiative through
joint ventures with major e-commerce platforms to promote online spending that will benefit 500K local entrepreneurs including halal & handicraft product operators

In addition, skills improvement programs & retraining or reskilling & upskilling through an allocation of RM100 million ringgit to the authorities
regional development especially IRDA & READY to equip skills new to the workforce severely affected by the closure of the border for foreign tourists are able to help them get job opportunities or resources new income

The 2021 Budget also emphasizes on the Implementation of the Wage Subsidy Program for another 3 months with more targeted, especially for tourism included retail sector at a rate of RM600 ringgit per month for employees earning RM4K to down. In addition, the limit of 200 employees per application will be increased to 500 workers. A total of 1.5 billion ringgit has been allocated & is expected to help about 70K employers & 900K employees

The government’s continued support for the tourism, arts & culture industries this local, thus enabling MOTAC to be 1 of the core Ministries in contributing to the post-COVID-19 national economic recovery. All these aspects of attention indirectly allow more many parties can contribute to the growth of the tourism, arts & culture, planning more sustainable & competitive strategies in boosting back to this industry

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