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Malaysia launches 10-year tourism plan after $25 bln loss in 2020 Prime Minister Muhyiddin Yassin said the policy would be focused on strengthening competitiveness, encouraging sustainable and inclusive tourism, as well as planning for future disasters By: Reuters | Kuala Lumpur | Muhyiddin Yassin. (AP Photo/Johnshen Lee) Malaysia on Wednesday launched a 10-year plan to restart its battered tourism sector, which is estimated to have lost more than 100 billion ringgit ($24.61 billion) this year due to the coronaviruspandemic. The Southeast Asian country had initially targeted 30 million tourist arrivals through its “Visit Malaysia 2020″ programme, up from 28 million last year. But the global pandemic has crippled the tourism industry, which in 2019 had contributed 240.2 billion ringgit, or 15.9% of Malaysia’s gross domestic product, Prime Minister Muhyiddin Yassin said. ....