Malaysia

Budget 2021: RM50 mil to help retrenched airline staff

Another RM50 million will be used to maintain and improve tourism landmarks, says finance minister

Updated 5 years ago · Published on 06 Nov 2020 8:34PM

Budget 2021: RM50 mil to help retrenched airline staff
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz says the government is providing an allocation of RM10 million to improve and promote homestay villages in Terengganu, Melaka, Sarawak, and Negri Sembilan. – Bernama pic, November 6. 2020

by Ian McIntyre

GEORGE TOWN – A total of RM50 million will be set aside in next year’s national budget to assist 8,000 airline staff who have lost their jobs due to the Covid-19 pandemic, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.

The allocation will be used for the relocation and retraining of retrenched airline staff.

Zafrul said the government is willing to upgrade its tourism products, providing an allocation of RM50 million to maintain and upgrade various landmarks.

Another RM10 million will be used to improve and promote homestay villages in Terengganu, Melaka, Sarawak, and Negri Sembilan.

To improve cash flow for travel agencies and operators affected by the pandemic, the exemption for levy contributions to the Human Resources Development Fund will be extended for another six months, starting from January.

The government plans to inject RM35 million into the Malaysia Healthcare Travel Council.

“We will also extend the income tax exemption for private healthcare services to 2022.” – The Vibes, November 6, 2020

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