Kuala lumpur: Kuala Lumpur City Hall (DBKL) will reduce its security deposit rate for concerts, stage, and cultural performances to support the extension of Visit Malaysia 2026 to 2027.

According to BERNAMA News Agency, Minister in the Prime Minister's Department (Federal Territories) Hannah Yeoh announced that the new rates will take effect on May 1. The deposits for stage or cultural performances involving local artistes will be reduced from RM10,000 to RM4,000, while the rate for concerts will be set at RM10,000. For foreign artistes, the deposit for stage and cultural performances will be reduced from RM30,000 to RM8,000, and concerts from RM30,000 to RM15,000.

Hannah Yeoh emphasized that this move aligns with Prime Minister Datuk Seri Anwar Ibrahim's directive for all ministries to collaborate on making government agendas successful. "We will attract more event organisers to organise programmes, concerts, and activities in Kuala Lumpur," she noted.

During a briefing on the global supply crisis, Economic Affairs Minister Akmal Nasrullah Mohd Nasir stated that the Visit Malaysia 2026 campaign will be extended to 2027. This extension aims to provide room for the international tourism market to recover, with a target of attracting 47 million foreign tourists and generating RM329 billion in tourism revenue.