Latest news with #Rohana
Economic Times
12-08-2025
- Business
- Economic Times
CashKaro hits Rs 350 crore in revenue, crosses Rs 6,000 crore in sales for partners in FY25
Synopsis CashKaro, a cashback and savings platform, announced a revenue of Rs 350 crore for FY25, driven by Rs 6,000 crore in sales for its partner brands. Together with EarnKaro, they delivered 2.5 billion traffic clicks, paying out over Rs 1,000 crore in cash to users. EarnKaro empowers 4 million+ users, enabling significant income generation through affiliate links. Rohana and Swati Bhargava, co-founders, CashKaro & EarnKaro. CashKaro, a cashback and savings platform, has reported a Rs 350 crore in revenue for FY25, powered by Rs 6,000 crore in sales driven to its 1,500+ partner brands and over 36 million transactions. Together with its sister platform EarnKaro, CashKaro delivered 2.5 billion traffic clicks to partner brands this year. It has over Rs 1,000 crore paid out so far as real cash to users' bank accounts. Swati Bhargava, Co-founder, CashKaro & EarnKaro, said in a statement, 'At CashKaro, we sit at the intersection of two key stakeholders, partner brands and customers. For brands, the rising cost of customer acquisition via platforms like Google and Meta has made performance-driven, ROI-positive channels like ours more valuable than ever. This year, we drove over ₹6,000 crore in sales and 2.5 billion in traffic to our partners - a milestone that reflects the growing shift toward affiliate-led growth in India. Just as affiliate marketing has transformed commerce globally, we believe CashKaro is poised to cross the $1 billion GMV mark this year, further cementing our leadership in this space.' EarnKaro has 4 million+ registered users from students and homemakers to Telegram influencers and content creators. They make their affiliate links via EarnKaro for e-commerce brands, and earn commissions whenever people shop via their links. Rohan Bhargava, Co-founder, CashKaro & EarnKaro, said in a statement, 'One of the most fulfilling parts of being an entrepreneur is seeing the real impact your work creates. With EarnKaro, that impact is deeply personal and deeply transformative. We've seen users go from earning Rs3,000 a month to Rs 3 lakhs and even Rs 30 lakhs. This kind of income generation doesn't just change lives, it builds India.' While the company reported a modest Rs 21.6 crore EBITDA deficit, this was offset by strong operating efficiency. People costs rose by only Rs 4 crore YoY (11%), and marketing spends remained flat even as revenue grew, a key marker of virality-led growth and user retention. Backend investments were focused on long-term levers like tech automation, AI-led tracking systems and LTV optimisations.
The Star
06-08-2025
- The Star
74-year-old man dies after suspected attack by son in Kuala Gris
KUALA KRAI: An elderly man has died after allegedly being beaten by his son with a blunt object in an incident that took place in Kampung Baru Kuala Gris, Dabong, early Wednesday (Aug 6) morning. Kuala Krai OCPD Supt Mazlan Mamat said that police received an emergency call at 7.30am from a member of the public. A team from the Kuala Krai police headquarters and Dabong police station rushed to the scene, where they discovered the 74-year-old victim lying in a pool of blood in the kitchen. "Initial investigations revealed that the victim was struck on the head with a blunt object, resulting in serious injuries, and was confirmed dead at the location," Mazlan stated. "Police detained a 30-year-old male suspect, the victim's son, and seized a broken chair used in the incident." Mazlan revealed that initial urine tests showed the suspect tested positive for methamphetamine. The suspect is a former inmate of the Batu Jong Satellite Prison in Kuala Krai, released in early July for an offence under Section 39C of the Dangerous Drugs Act 1952. Since his release, the suspect had been living with the victim and his mother. Checks found the suspect had a criminal record with five prior drug cases and two cases of criminal intimidation. The victim's body was sent to the Sultan Ismail Petra Hospital Forensic Unit for a post-mortem. The suspect will be brought to a Magistrate's Court on Thursday (Aug 7) for a remand application. The case is being investigated under Section 302 of the Penal Code. Members of the public with information are asked to assist by contacting investigating officer Asst Supt Nagantheran at 09-966 6222 or the Dabong police station. Meanwhile, the victim's wife, Rohana Che Daud, 63, recounted that before the incident, she was preparing to go to the surau at 5.40am while her husband, Othman Jusoh, 74, chose to perform the Subuh prayer at home. "At that time, I saw my son lying on the sofa, talking to himself. There was no argument or signs that he was out of control," she said. "But when I returned from the surau around 6.30am, I was shocked to see my eldest son pressing a wooden chair against my husband's neck, who was still on the prayer mat. My husband wasn't moving, and there was blood on the floor, and the chair he was using was broken." The couple have six children, and according to Rohana, their eldest child had not slept all night and had been in and out of prison due to drugs. "He previously worked in Johor and has only just returned to live with us since last month," she added. The victim's neighbour, Tuan Noor Azwanis Tuan Mohamad, 38, reported hearing screams for help after completing her Subuh prayers. "I felt uneasy when I saw the suspect pacing in front of the house, talking to himself at around 4.30am," she said. "When I heard the screams, I opened the door and saw Rohana in a panic, asking for help to call the police because her husband was covered in blood. I quickly pulled her into the house and locked the door because I was worried the suspect would act more aggressively." – Bernama
The Star
06-08-2025
- Business
- The Star
Penny-pinching consumers cast doubt on Indonesia's high growth
JAKARTA: Indonesia's economy is growing at its fastest pace in two years. Not all consumers are buying it. Rohatta, owner of a fried rice restaurant on the outskirts of the capital, Jakarta, says his business is having its worst spell since the pandemic, with 50-70 customers a day - down from 150. "When they do come, they order fewer items. No drinks, no desserts,' he said. He's cut prices by about 20% and added a less expensive rice bowl option to attract customers. Indonesians are using new buzzwords to describe the pared-back lifestyle: "Rojali,' a name for mall-goers who rarely buy, and "Rohana,' for people who inquire at shops but never really hit the checkout. That's peeving the government. "The issues of Rohana and Rojali are being blown out of proportion,' Coordinating Minister for Economic Affairs Airlangga Hartarto said at a briefing late Tuesday (Aug 5), after the government said growth jumped to a stronger-than-expected 5.12% in the second quarter, partly on a 4.97% gain in consumption. "The facts are not as such.' But consumer goods giant PT Unilever Indonesia and fashion retailer PT Matahari Department Store both saw sales shrink in the first half of 2025, while instant noodle maker PT Indofood CBP Sukses Makmur eked out sales growth of just 1.7%. Foot traffic in malls nationwide was up about 10% in the first half of the year, but sales haven't kept pace, said Alphonzus Widjaja, chairman of the Indonesia Shopping Center Association. "Shopping patterns have changed,' he said. "People only buy items with low prices because they have limited funds.' Big-ticket purchases have suffered too. Sales of motorcycles - many households' main form of transport - fell 2% in the first half of the year, while car sales slipped 8.5%. Car sales were so rare in June that neighbouring Malaysia, a country with one-eighth the population of Indonesia, sold more. The picture of reduced spending is worrying for a country of more than 280 million people whose economy is driven in large part by high rates of consumption. It also poses a test for President Prabowo Subianto, who is seeking support for his plans to remake Indonesia into an energy- and food-sufficient nation. A signature pledge is to supercharge growth to 8%, a rate not seen in a generation. But Tuesday's economic data raised eyebrows among some analysts. "The strength in household spending defies our observations,' DBS Bank Ltd. analysts said in a research note after the data release. Its consumption gauge, along with lending and some high frequency data, points to underlying caution and softness, they said. "I would take this apparent semblance of stability with a large pinch of salt,' said Pantheon Macroeconomics economist Miguel Chanco. What appears to be a spending slump is "absolutely concerning from our vantage point and, don't forget, from the government's likely perspective as well.' Preserving Indonesians' spending power is expected to be a key theme as Prabowo gives his first State of the Nation Address and unveils the 2026 state budget later this month. His administration is preparing its third stimulus package this year, coming after a US$1.5 billion package of salary and social aid top-ups as well as toll discounts rolled out in June. But those measures may have a limited effect. Some analysts point to lower commodity prices sapping the earnings of the millions of Indonesians working in the palm oil or coal sectors. Others cite factors like still-high interest rates and banks that are reluctant to lend. The concern is that the reasons go beyond Indonesia's usual boom-and-bust cycles and are longstanding problems taking their toll. Chief among them is the shortage of secure, well-paying work for Indonesians. More than 42,000 workers were officially laid off in the first half of this year, up 32% from a year ago, according to the Ministry of Manpower. Analysts say the actual number is likely much higher. New jobs are being created, but often in the informal sector, with people opening food stalls or working as delivery riders, roles typically inadequate to replenish savings that were drained by the pandemic. "Underemployment is elevated and - amid an uncertain labour market outlook - households are approaching spending decisions with caution,' said Krystal Tan, an economist at ANZ Group Holdings Ltd. A recent survey by NielsenIQ showed fewer Indonesians feel financially secure, and 83% of respondents were actively seeking additional income beyond their main job. More than a fifth said they're likely to take on more debt to maintain their lifestyle. Between 2019 and 2024, nearly 10 million people fell out of the middle class, which accounts for bulk of consumption and taxation but is rarely the target of stimulus programs. The simple answer to creating higher incomes, over time, is investment, said HSBC Holdings Plc economist Pranjul Bhandari. "Only when investment rises, does the capacity of an economy to create jobs grow,' she said, suggesting that the government enact reforms to boost infrastructure and trade, streamline regulations and develop a skilled workforce. "It's that 'now or never' moment,' she said. Farida, a researcher in Jakarta, has seen friends laid off and watched her favourite restaurant close. With a child to raise, she and her husband have stopped buying new clothes and eating out. "We have a decent amount of savings now, but it still doesn't feel enough,' she said. "I feel a sense of gloom.' - Bloomberg
Barnama
19-06-2025
- Business
- Barnama
Edutourism Sector Gains Momentum, Draws Interest From ASEAN Institutions
REGION - NORTHERN > NEWS LANGKAWI, June 18 (Bernama) -- Malaysia's edutourism sector is gaining momentum, with growing interest from regional higher education institutions in experiential learning programmes that combine education with tourism. Langkawi Tourism Academy @ Kolej Komuniti Langkawi (LTA) director Rohana Sahak cited a recent example, noting that the academy recently hosted 15 students from Thailand's Songkhla Rajabhat University under the 'Let's Go Langkawi Edutourism Geopark Odyssey' programme. 'LTA offers Technical and Vocational Education and Training (TVET) programmes in hospitality, particularly hotel and tourism management, which have been well received among ASEAN students,' she said after the Bridging ASEAN Higher Education programme here today. bootstrap slideshow She also expressed optimism about the programme's success and hopes for further collaborations, particularly with institutions in the ASEAN region. Rohana noted that edutourism promotes cultural and language exchange while immersing international students in community-based hospitality experiences, adding that the initiative is supported by industry players, including Dreamz Travel Sdn Bhd. The programme, led by the Internationalisation Unit of the TVET Coordination Division under the Department of Polytechnic and Community College Education (JPPKK), aims to strengthen the regional hospitality sector and support Malaysia's goal of becoming a regional education hub. Meanwhile, Education Malaysia Global Services (EMGS) chief executive officer Novie Tajuddin said Malaysia currently hosts about 137,000 international students, supported in part by the International Student Arrival Centre (ISAC) at KLIA Terminals 1 and 2. 'ISAC is the first initiative of its kind globally, assisting international students before immigration clearance, with staff available 24/7,' she said, adding that transnational education partnerships also allow students to begin their studies in Malaysia before continuing abroad. He also said that in conjunction with the ASEAN Chairmanship, several initiatives were also introduced specifically for international students from ASEAN countries.
The Sun
18-06-2025
- Business
- The Sun
Malaysia boosts edutourism with ASEAN TVET collaboration
LANGKAWI: Malaysia's edutourism sector is gaining momentum, with growing interest from regional higher education institutions in experiential learning programmes that combine education with tourism. Langkawi Tourism Academy @ Kolej Komuniti Langkawi (LTA) director Rohana Sahak cited a recent example, noting that the academy recently hosted 15 students from Thailand's Songkhla Rajabhat University under the 'Let's Go Langkawi Edutourism Geopark Odyssey' programme. 'LTA offers Technical and Vocational Education and Training (TVET) programmes in hospitality, particularly hotel and tourism management, which have been well received among ASEAN students,' she said after the Bridging ASEAN Higher Education programme here today. She also expressed optimism about the programme's success and hopes for further collaborations, particularly with institutions in the ASEAN region. Rohana noted that edutourism promotes cultural and language exchange while immersing international students in community-based hospitality experiences, adding that the initiative is supported by industry players, including Dreamz Travel Sdn Bhd. The programme, led by the Internationalisation Unit of the TVET Coordination Division under the Department of Polytechnic and Community College Education (JPPKK), aims to strengthen the regional hospitality sector and support Malaysia's goal of becoming a regional education hub. Meanwhile, Education Malaysia Global Services (EMGS) chief executive officer Novie Tajuddin said Malaysia currently hosts about 137,000 international students, supported in part by the International Student Arrival Centre (ISAC) at KLIA Terminals 1 and 2. 'ISAC is the first initiative of its kind globally, assisting international students before immigration clearance, with staff available 24/7,' she said, adding that transnational education partnerships also allow students to begin their studies in Malaysia before continuing abroad. Earlier at the forum, Malaysia and Timor-Leste signed a memorandum of understanding (MoU) to strengthen cooperation in higher education, in conjunction with the ASEAN Ministers of Education and Higher Education Roundtable 2025. The MoU, signed by Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir and Timor-Leste's Higher Education Minister José Honório da Costa Pereira Jerónimo, includes collaboration in TVET, STEM, education technology and academic staff training.
