fbpx
Connect with us

News

Tourism Tax Introduced to Pay Back RM250 Million Debt Incurred by Tourism Board

Published

Tourism Tax Introduced To Pay Back Rm250Million Debt Incurred By Tourism Board - World Of Buzz 1
Source: Malay Mail Online

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just when we thought the government is done draining the rakyat’s money with all sorts of taxes implementation, the Tourism Tax Bill was passed by the parliament. This means that tourists, both local and foreign now have to pay a little bit extra for their accommodation.

But why it is only implemented now? Why not ten years ago? There’s a very good reason for that ladies and gentlemen.

According to FMT, the Ministry of Tourism and Culture was allegedly forced to introduce the rakyat-burdening tax in order to cover up the RM250 million deficit incurred by the Tourism Board, as reported by China Press.

In fact, the financial management of the board was so poor that it was described as ‘spending money like a running tap’. I wonder who they learned that from.

Giphy 10

Since the ministry couldn’t settle the bill, they approached the federal government and even sought help from the finance ministry. But the finance ministry turned a cold shoulder to Tourism Board.

Who are you?

Najib Razak

Source: newmandala

Since many of the tourism programmes were not well-planned and operated on an ad-hoc basis, they were much more expensive to run. Not to mention that the cost of running ad-hoc programmes were excluded from the annual budget. Then what’s the point of having annual budget?

Besides, the Tourism Board had also failed to control their expenses when promoting tourism in countries like China and Japan. And this had been going on for two long years.

“The Tourism Board may look grand from the outside. But inside, it is ’empty’ and they owe money to a lot of suppliers,” according to China Press.

Due to their tight situation, the Tourism Board had no choice but to push through the Tourism Tax Bill asap without consulting the industry players. So you guys messed up and the rakyat had to pay for it. 

Tourism Tax Introduced To Cover Up Rm250Million Debt Incurred By Tourism Board - World Of Buzz

The tax implementation date was even carried forward to July 1 instead of August 1.

Implementing new tax is definitely not the best solution for this problem, sound financial management is. What’s your thoughts on this guys? 

 

Also read: If You’re Planning to Visit Bangkok This October, Here’s Why You Should Reconsider

If Youre Planning To Go Bangkok This October You Might Want To Reconsider World Of Buzz 5

 

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 5 5 Collage 5 5
News5 hours ago

Study: Malaysia is the 19th Most Peaceful Country in the World, Out of 163 Countries

Malaysia is known for its warm and welcoming people who value harmony and mutual respect. Despite its rough edges, the...

Feat Image Kl Remote Work Feat Image Kl Remote Work
News7 hours ago

Study: Kuala Lumpur is 4th Best Destination in Asia for Remote Work, 22nd in the World

Kuala Lumpur has just been named the 4th best destination in Asia for remote work by the latest iteration of...

Collage 17 2 Collage 17 2
News8 hours ago

“It only shows how obsessed & envious you are” – Mufti Comments on Excessive Boycott Movements

Have some of us gone too far with boycotts, regardless of the brandings? While boycotters have their reasons to do...

Feat Image Bangkok 20 Baht Feat Image Bangkok 20 Baht
News9 hours ago

All Rail Lines in Bangkok Will Have a Fare Cap of RM2.60, One Ticket Can be Used Across All Routes

The Transport Ministry of Thailand has reiterated that it will continue with its plans of a THB20 or RM2.60 fare...

My Post 1 2024 04 19T115737.183 My Post 1 2024 04 19T115737.183
News11 hours ago

M’sian Political Party Invites Workers to March on Labour Day to Urge Govt to Raise Minimum Wage to RM2K

With Labour Day (which is meant to honour and celebrate workers and the importance of their contributions to their country...

Collage 21 Collage 21
News1 day ago

“Change work hours or location” – Steven Sim Reminds M’sians About Availability of Flexible Working Hours

Flexible working arrangements help balance work and personal life. Since the start of the Covid-19 pandemic, Malaysia has taken steps...

Collage 14 3 Collage 14 3
News1 day ago

“Better work-life harmony” – Employees in SG Can Now Apply to WFH & Have a 4-Day Work Week

Work from home. Those who have the flexibility to work at the desk from the comfort of their own homes...

Feat Image Mistress Feat Image Mistress
News1 day ago

“Unique needs, desires” – High Court Says Agreements for M’sian Husbands to Have Mistress are Legal

The Kuala Lumpur High Court has ruled that as long as there is “no violation of any law”, non-Muslim married...

Announcement

Latest Videos



TRENDING TODAY