EPF withdrawal helps ease burden of target groups
KUALA LUMPUR: The targeted Employees’ Provident Fund (EPF) Account 1 withdrawal facility has been described as the best measure to help ease the burden of those affected by Covid-19 with regard to household expenses. Federation of Malaysian Consumers Associations (Fomca) deputy president Mohd Yusof Abdul Rahman said the facility was seen as being able to […]
Extend loan repayment moratorium to December
KUALA LUMPUR: The Federation of Malaysian Consumers Associations (Fomca) has urged the government to consider extending the six-month moratorium on bank loan repayments until December. Fomca president Datuk Dr Marimuthu Nadason said this is because the general public will be having difficulties picking themselves up after suffering loss of income and losing jobs due to the Covid-19 pandemic. “At the same […]
Beware of electrical appliances without SIRIM
KUALA LUMPUR: The sharp increase in online purchases of electrical appliances since the enforcement of the movement control order (MCO) on March 18 has caused some concern as some electrical equipment do not have the SIRIM-ST approval logo. The Federation of Malaysian Consumers Association (Fomca) described electrical appliances without the SIRIM-ST logo as dangerous to […]
Scammers duplicate websites of govt agencies, banks
KUALA LUMPUR: The Federation of Malaysian Consumers Associations (Fomca) has advised the public to be wary of scammers who try to deceive consumers by creating social networking sites and websites similar to that of government agencies and banks. Fomca’s chief operating officer T. Saravanan said scammers were using technical skills to duplicate the Inland Revenue Board (LHDN)’s and banks’ websites and […]
Extending Petrol Subsidy to M40 will spur economic growth
By Erda Khursyiah Basir KUALA LUMPUR: Experts have lauded the government’s decision to extend the Targeted Fuel Subsidy Programme (PSP) to Malaysians in the middle-income bracket (M40), saying that the move will not only enhance their purchasing power but also help to boost economic growth. Senior lecturer at Universiti Utara Malaysia’s Centre for Economic, Finance […]
