Malaysia

Various incentives available to private sector under VMY2026

The incentives are designed to spur travel trade members to organise and hold various activities to galvanise the industry

Updated 1 year ago · Published on 07 May 2025 9:58AM

Various incentives available to private sector under VMY2026
Malaysia is targeting 45 million international visitors - May 7, 2025

by Ian McIntyre

TOURISM Malaysia wants travel trade players to take full advantage of the incentives offered to the private sector under next year's Visit Malaysia Year 2026.

The incentives are designed to spur travel trade members to organise and hold various activities to galvanise the industry to make it one of the best Visit series for the country, said Tourism Malaysia board deputy chairman Datuk Yeoh Soon Hin.

At a special engagement session with tourism stakeholders at the Iconic Marjorie Hotel in Bayan Lepas, Yeoh told them that the federal government has allocated RM400 million this year to fund promotional and marketing activities in preparation for VM2026.

There are various grants available for the travel trade members to tap on and to improve their tourism - related stature, said Yeoh.

 “On top of that, an additional RM130 million has been allocated through specific tourism grants such as the Geran Galakan Melancong (GAMELAN), Geran Sokongan Sektor Pelancongan (GSSP), and the Geran Sektor Penerbangan dan Charter (GSPC),” Yeoh said.

He urged Penang’s tourism operators to tap into these resources to help strengthen the state’s presence in the nationwide campaign, themed “Malaysia: A Sustainable and Culturally Rich Destination.”

“Penang is a beacon of cultural and natural attractions. With the right support and engagement, the state can play a leading role in making the campaign impactful."

The Penang session marked the 11th in a series of nationwide engagements by the Ministry of Tourism, Arts and Culture (Motac), following similar sessions in Selangor, Negeri Sembilan, Sabah, Sarawak, Melaka, Pahang, Perak, and Kedah.

These sessions are designed to gather feedback and ideas and foster collaboration among industry players.

 Yeoh also shared promising tourism statistics, revealing that Malaysia welcomed 6.7 million foreign travellers from January to February 2025, a 31% increase from the same period in 2024 and a 14% rise from 2019 levels.

Malaysia is targeting 45 million international visitors and aims to generate RM450 billion in tourism receipts during the Visit Malaysia Year 2026 campaign.

State tourism committee chairman Wong Hon Wai called for the entire state to be part of the tourism campaign so the state can garner record numbers next year. - May 7, 2025.

Related News

Opinion / 1w

Langkawi: An untapped island with much greater potential?

Malaysia / 1w

Najib’s son joins protestors against high-rise development in Langkawi

Culture / 1mth

Penang gazetting Hungry Ghost Festival as a state heritage

Malaysia / 1mth

Time for Teresa Kok to contest in Langkawi, says Kedah Exco

Events / 1mth

Double your efforts to lure more quality tourists – MOTAC tells tour operators

Science / 1mth

UTM embarks on comprehensive cat food research collaboration

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Malaysia

J-KOM files police report against Albert Tei over repeated protests at Comms Ministry

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Hannah Yeoh defends unity government model, says leadership is about cooperation, not exclusion

Malaysia

Johor and NS polls first major test of post PAS-Bersatu political order

Malaysia

Man charged with murder after body found wrapped in mattress in Melaka shophouse

Malaysia

Hamzah Zainudin set to make announcement at “Malaysia Reset” convention in Kelantan

Malaysia

Claimed installation of 12th N. Sembilan ruler invalid - Pengelola Bijaya Diraja

Malaysia

Dangerous “Piu Piu” found in vape liquids - Police