The reopening of the air link between Singapore’s Changi Airport and Malaysia’s Kuala Lumpur International Airport (KLIA) is “music to the ears” for Malaysia’s tourism sector, says OCBC Bank economist Wellian Wiranto.
In an OCBC Treasury Research report, Wiranto notes that the sector — which accounts for about 5% of Malaysia’s gross domestic product (GDP) — will especially benefit from the reopening as tourists from China stay grounded.
