
Tourism group eyes RM18mil in revenue from travel fair in JB
Its Johor chairman Edwin Tay Kian Chuan said they expected to draw more than 80,000 visitors to MITM, which ends on Sunday (July 20).
'We have 19 top travel agencies offering exclusive promotions to destinations all over the world and within Malaysia as well," he told a press conference after the opening of MITM at a mall in Skudai on Friday (July 18).
"People can go on their dream vacation for as little as RM2,000.
'Over the last few years, we have seen China and Taiwan emerging as favourite international destinations among Malaysians."
He said the association was confident of hitting its target from the initial response so far.
'We have been seeing Singaporeans using Malaysian travel agencies to book their vacations to foreign destinations.
"We are expecting the same thing during MITM.
'We usually hold this travel fair twice a year, but from next year, we will be holding it three times a year, including in Batu Pahat," he added. Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
3 hours ago
- The Star
Sweet sips and even sweeter prices
Thirst quencher: Murali preparing a drink at his stall. — RONNIE CHIN/The Star IPOH: He has been selling lassi for almost two decades. When he first started, a lassi was RM2. Today, his yogurt-based drink is a mere RM2.50. 'As prices of ingredients have gone up over the years, I've had to raise my prices, but only by 10sen at a time,' said yoghurt seller M. Murali, 56. 'I don't want to increase it too much, as I want to try to ease people's burden. I think the prices of my drinks are among the lowest in town,' he said when met at his roadside stall in Taman Mas, Buntong, here. Despite rising costs, Murali firmly believes in keeping his drinks affordable for everyone. He said a takeaway packet of his mooru (traditional spiced yogurt-based drink) is priced at RM1.80. 'When I started the business about 19 years ago, my mooru was sold at RM1,' he said. Murali used to work in Singapore as a technician between 1991 and 1995. He returned to Ipoh to work in a factory before finding himself out of a job in 2000. At one point, he sold santan at the main wet market in Ipoh. 'One hot sunny day, I noticed that many people would drink mooru. So I thought why not start something small to help people cool down in the heat? 'I only had a capital of RM30 but that was enough to prepare a single pot,' he said. His mooru often sold out within 30 minutes, and this motivated him to continue. Six months later, he began selling lassi, experimenting with various fruit flavours and letting his children try them before offering them to customers. These days, Murali earns between RM3,000 and RM4,000 a month. On weekdays, he can get about 100 customers, and up to 300 on weekends. However, sales can be unpredictable, and he cannot operate on rainy days. His wife M. Gowri, 53, helps out at times. The couple have three children – M. Thishan, 24, who is pursuing a degree in software engineering, M. Shantini, 21, a nursing diploma student and M. Dhinasah, 19, a foundation programme student. 'My wife works as a company administrator. She helps whenever she can while all three of my children would pitch in during their semester break,' said Murali. He also has a buddy, R. Maniam, 63, who helps him at the stall which opens daily from noon to 5pm except for rainy days.


The Sun
9 hours ago
- The Sun
Ancom Nylex posts RM63.5 million net profit for FY25 – a ‘demanding' year
PETALING JAYA: Southeast Asia's leading fully integrated chemical group Ancom Nylex Bhd registered revenue of RM1.87 billion for the financial year ended May 31, 2025 (FY25) compared to RM2 billion a year ago. The drop was attributed mainly to softer contributions from the industrial chemicals segment, due to lower selling prices and volumes. Meanwhile, FY25 net profit came in at RM63.5 million, down from RM81.5 million last year, primarily attributed to elevated freight costs and unfavourable foreign exchange fluctuations. For the fourth quarter of FY25 (Q4'25), the group posted revenue of RM459.4 million, compared to RM487.2 million in the same quarter last year. This was predominantly due to the lower contribution from the industrial chemicals business. On a positive note, the agrichem segment delivered revenue growth of 16.1% to RM135.4 million in Q4'25, up from RM116.6 million in Q4'24, driven by higher sales. At the bottom line, Q4'Y25 net profit stood at RM17.1 million compared to RM18.4 million last year. This was primarily due to elevated production costs in the agrichem business as well as a higher effective tax rate. Managing director and group CEO Datuk Lee Cheun Wei said FY25 has been a demanding year, marked by key geopolitical events that led to elevated freight costs and unfavourable foreign exchange fluctuations, which in turn impacted the group's overall performance. He said escalating tariffs and volatile trade conditions could further impact both global and domestic economic projections, making it increasingly challenging to predict trends in raw material costs and market prices. Despite these headwinds, Malaysia's economic growth is anticipated to remain positive over the next 12 months, with potential for further advancement should global conditions stabilise, Lee noted. 'On a much brighter note, we are pleased to share that the commercial production of our new active ingredient (AI) has commenced. Production yield has been increasing steadily, and deliveries to our customers are already under way. This marks an important milestone, further strengthening our position in the value chain and cementing our role as the sole large-scale producer of AI for herbicides in Southeast Asia,' he said in a statement. Turning to Ancom's MSMA-based products, Lee said the group continues to capitalise on its position as one of only two producers globally, seizing opportunities arising from the market demand gaps. 'The overall demand for our agrichem segment remains stable. Looking ahead, we anticipate the upcoming financial year (FY26) to be a better year for us, given the promising opportunities ahead while remaining vigilant of the headwinds.' For FY25, the group has paid a first interim dividend by distributing treasury shares on a 4:100 basis, as well as a second interim dividend by distributing treasury shares on a 1:100 basis. Ancom Nylex's financial position continued to improve, with net gearing improving to 0.29 times as of the end of May 2025, compared to 0.38 times at the close of the previous financial year (end of May 2024). Total borrowings declined to RM323.1 million at the close of the financial year under review compared to RM347.6 million as at 31 May 2024. Notably, more than 85% of the total borrowings are for short-term working capital needs.


Borneo Post
10 hours ago
- Borneo Post
Kuching teacher loses RM240,000 in scam, turns to moneylenders in desperation
Kong in a meeting with Jong and her husband. KUCHING (July 18): A local teacher here fell victim to a scam last year, losing nearly RM240,000. Identified only as 'Jong', she resorted to borrowing from moneylenders and keeping her family in the dark, out of fear and embarrassment. 'However, the situation had spiralled out of control, and when her husband eventually discovered the matter, they worked together to repay all the money borrowed except for one loan,' said Democratic Action Party Sarawak (DAP) Sarawak assistant publicity secretary Michael Kong in a statement today. Jong had taken a RM18,000 loan from a moneylender in December last year, and was given a four-year repayment period. She paid the instalments for January and February this year, but upon her husband's insistence, she offered to settle the entire amount. 'The moneylender refused, insisting that since she had signed a four-year repayment plan, she was obligated to pay the full RM48,000, be it in one lump sum now or over the four-year tenure,' said Kong. He then arranged a meeting between the middle-aged couple and the moneylender. After much persuasion, Kong said the moneylender agreed to terminate the loan arrangement, subject to Jong settling the principal sum of RM18,000 with some added administrative charges. 'This case highlights the danger of financial scams, and the risks of borrowing from moneylenders. 'As such, I urge the public to be extremely cautious when dealing with unfamiliar financial schemes. 'If you fall victim to a scam or face financial difficulties, do not suffer in silence. 'Seek help from trusted family members, friends or legal channels, instead of turning to high-risk lending services. 'Let this be a reminder that seeking support and advice early can prevent deeper financial trouble,' said Kong. He also advised everyone to always verify financial deals, stay informed and most importantly, to never let fear or embarrassment get in the way of seeking the right help. Kuching Michael Kong moneylender scam teacher