Airbnb activity added RM9.2b to Malaysia’s economy in 2024, study shows
Domestic travel demand remained a key growth driver, with Malaysians making up 67% of Airbnb guests in 2024, surpassing pre-pandemic levels recorded in 2019.
Domestic travel demand remained a key growth driver, with Malaysians making up 67% of Airbnb guests in 2024, surpassing pre-pandemic levels recorded in 2019.
The signatories include Malayan Banking Bhd, CIMB Group Holdings Bhd, CGS International, Sumitomo Mitsui Banking Malaysia, Bank of America Malaysia, and HSBC Malaysia.
"They can also be an innovation hub to attract researchers and entrepreneurs, leading to the development of new technologies, products and services, thus driving economic growth,” said Ng.
“The circular economy approach aims to maintain the value of materials by extending the life of a product through environmentally friendly design and recycling practices to close the loop for the waste sector,” said KPKT Minister Nga Kor Ming.
Putrajaya’s housing programme is to be guided by the concept of shelter as a basic need and human right, instead of homeownership.
The digital nomad-friendly Airbnb listings will be located in key tourism hotspots such as Kuala Lumpur, Johor Bahru, Penang and Langkawi.
The WORQ with DE Rantau programme is estimated to inject RM360 million into the Malaysian economy by supporting 6,000 highly skilled workers, as well as enabling new businesses in the economy.
“With inflation pressures easing and uncertain stock markets, we are now able to see winners and losers in a context where multiple crises overlap.
The global shift towards ESG now means “from changing our behaviour, we can even make money”.
Regarding the aborted sale of the proposed 33 industrial lots, the company was to pay MBI Perak RM72 million.