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Ringgit and GST take bite out of travel bug

Travel association head says corporate and personal travel have fallen 30%

Travel agents banking on the inbound segment to offset the fall in the outbound one are disappointed. They cite the flagging global economy and reports on Malaysia's political crisis as factors.

Kuala Lumpur

FEWER Malaysians are packing their bags for holidays overseas, as daily living expenses soar on the back of the country's new consumption tax and the shrinking ringgit, the head of a travel association has said.

Tourists are not flocking to Malaysia in droves either,