Provide tax breaks to revive tourism industry, govt told

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The Malaysian Association of Hotels says the industry needs more financial assistance to restart and restore competitiveness and rebuild its manpower.PETALING JAYA: Grants, soft loans and tax incentives are needed to revamp and revive the tourism industry, says the Malaysian Association of Hotels (MAH), which hopes the government will look into these in Budget 2022.MAH chief executive officer Yap Lip Seng said the hotel industry needs more financial assistance from the government to restart and restore competitiveness and rebuild its manpower.Previously, finance minister Tengku Zafrul Aziz said the country’s latest economic growth forecast would be announced when Budget 2022 is tabled on Oct 29.Yap said that after sustaining losses due to the pandemic, the tourism industry, especially hotels, would not fully recover until international tourism resumed.He said the tourism indus…