Category: BPP

Volume Index of Services declined 21.5 per cent to 99.3 points in second quarter 2020

Performance of Services Sector

Volume Index of Services declined 21.5 per cent to 99.3 points in second quarter 2020 as compared to the same quarter of previous year.

The main contributors to the fall of Services sector in the second quarter of 2020 was Wholesale & Retail Trade, Food & Beverages and Accommodation segment  (-26.4%) and Other Services segment  (-41.2%). 

Seasonally adjusted volume index of this sector deteriorated  22.0 per cent  to 100.0 points as compared to the previous quarter.

Wholesale & Retail Trade, Food & Beverages and Accommodation

Volume  index  of  Wholesale  &  Retail Trade, Food  & Beverages and Accommodation  segment  experienced  a decrease of  26.4 per cent as compared to the same quarter of 2019. The downward momentum is due to the Accommodation sub-sector (-78.8%) and Food & Beverages sub-sector (-31.7%). Seasonally adjusted volume index of this segment drop of  26.1 per cent as compared to the previous quarter.

Business Services and Finance

The  segment of  Business  Services  and  Finance  declined  13.9 per cent  as  compared  to  the  same quarter  of  2019. The decline  was  driven  by  Real Estate  sub-sector (-32.1%) and Professional, Scientific & Technical and Administrative & Support Services sub-sector (-20.8%). Seasonally adjusted volume index of this segment went down by 16.2 per cent as compared to the previous quarter.

Information & Communication and Transportation & Storage             

The segment of Information & Communication and Transportation & Storage segment reduced to  14.8 per cent as compared with the same quarter of previous year. This  was  due  to  a decrease for the Transport  &  Storage  sub-sector  by  45.4 per cent. Seasonally  adjusted  volume  index  in  this  segment also went down to  16.1 per cent in second quarter 2020. 

Other Services

This segment decreased 41.2 per cent as compared to the second quarter of 2019. This decline was stimulated by Arts, Entertainment & Recreation and Personal Services & Other Activities sub-sector  (-76.0%). Seasonally adjusted volume index of Other Services segment fell  39.8 per cent as compared to the first quarter of 2020.  

Domestic Tourism Recorded the Highest Expenditure of RM103.2 Billion, Grew 11.5 Per Cent in 2019

PERFORMANCE OF DOMESTIC TOURISM, 2019

  • A total of 239.1 million domestic visitors were recorded in 2019 with a growth of 8.1 percent as compared to previous year (7.7%).
  • In terms of total tourism trips, domestic visitors undertook 332.4 million trips within the country with an average of 1.39 trips per visitor.
  • Domestic tourism expenditure continued to register a double-digit growth with 11.5 per cent to RM103.2 billion in 2019 (2018: 11.4%).
  • Shopping registered the highest percentage share of total expenditure made by a visitor for his/her trip with a share of 37.8 per cent.

TRAVELLING TREND OF DOMESTIC TOURISM

  • In 2019, visiting relatives & friends (42.3%) continued to be the most prevalent purpose for domestic visitors making a trip. The second main purpose was shopping (35.4%), followed by holiday/ leisure/ relaxation (9.0%), entertainment/ attending special event/ sports (4.0%) and medical treatment/ wellness (4.0%).
  • Selangor was the most visited state by domestic visitors in 2019 which accounted for 33.6 million visitors, followed by W.P. Kuala Lumpur (22.6 million), Sabah (22.0 million), Perak (21.1 million) and Sarawak (19.8 million).
  • Land transport was widely used by domestic visitors in 2019 with 98.5 per cent.
  • In 2019, unpaid accommodation provided by relatives & friends (70.9%) was the most popular type of accommodation among the tourists. This was followed by hotel (18.5%), homestay/ vacation homes (3.8%), apartment (3.6%), rest house (1.7%) and chalet (1.5%).

SOCIAL & DEMOGRAPHIC PROFILE OF DOMESTIC VISITORS

  • Majority of the domestic visitors were from the age group of 25 to 39 years with a contribution of 37.8 per cent. This was followed by domestic visitors aged 15 to 24 years (26.4%), 40 to 54 years (24.1%) and 55 years and above (11.7%).
  • Domestic visitors by household income class between RM1,001 to RM3,000 per month recorded the highest share with 35.7 per cent. This was followed by visitors earning between RM3,001 to RM5,000 per month (26.4%) and RM5,001 to RM10,000 per month (23.3%).

HIGHLIGHTS 2019

In 2019, BPP has launched 3 products:-

1. Preliminary Report Wholesale & Retail Census 2019

The event was held on 27th December in Conference Hall 1, Sasana Kijang, Bank Negara Malaysia and officiated by YBhg. Dato’ Sri Mohd Uzir Mahidin, Chief Statistician Malaysia.

2. Malaysia Digital Economy 2018

Held on 18th October in Bilik Mawar, Aras 8, Department of Statistics Malaysia, Putrajaya, the event was officiated by YBhg. Dato’ Sri Mohd Uzir Mahidin, Chief Statistician Malaysia.

3. Domestic Tourism Survey (DTS) by State, 2018

The launching event was held on 27th September at EQ Kuala Lumpur in collaboration with Ministry of Tourism, Arts and Culture (MOTAC), Tourism Malaysia (TM) and Pacific Asia Travel Association (PATA). The event was officiated by YB Tuan Muhammad Bakhtiar bin Wan Chik, Deputy Minister of Tourism, Arts and Culture.

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