This article is 4 years old
MB: Johor suffered over 20pct revenue loss due to MCO
CORONAVIRUS | The Johor state government suffered over 20 percent loss of revenue, following the implementation of the movement control order (MCO) and closure of the Malaysia-Singapore border, Menteri Besar Hasni Mohammad said.
He said the losses were not only due to certain taxes and charges that could not be collected, but also resulted following a drop in investment activities and a decline in tourist arrivals from the neighbouring country.
"Johor is a state with considerable potential economically but at the same time, when our neighbouring country, Singapore faces economic challenges...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable