Retiree threatens legal action over โexcessiveโ insurance premium hikes
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KUALA LUMPUR: A retiree has warned that he will take legal action against an insurance company and Bank Negara Malaysia (BNM) if they fail to respond to his demands over what he claims are excessive medical insurance premium hikes.
Lawyer Ng Kian Nam said his client, Wong Kee Chong, is demanding that the insurer stop imposing premium hikes beyond the ranges stated in the policy illustration; that BNM issue a permanent circular to enforce this; and that both parties explain why insured patients are charged more than cash-paying patients.
Read more: Retiree threatens legal action over โexcessiveโ insurance premium hikes
Klausa khas insurans perubatan, kesihatan usah beban pengguna
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KUALA LUMPUR: Cadangan Bank Negara (BNM) memperkenalkan klausa khas dalam pelan Insurans dan Takaful Perubatan dan Kesihatan (MHIT) perlu dipantau dengan rapi bagi memastikan pelarasan harga yang akan dilaksanakan tidak membebankan pengguna.KUALA LUMPUR: Cadangan Bank Negara (BNM) memperkenalkan klausa khas dalam pelan Insurans dan Takaful Perubatan dan Kesihatan (MHIT) perlu dipantau dengan rapi bagi memastikan pelarasan harga yang akan dilaksanakan tidak membebankan pengguna.
Ketua Pegawai Eksekutif (CEO) Gabungan Persatuan-Persatuan Pengguna Malaysia (FOMCA), Dr T Saravanan, berkata cadangan itu pada asasnya perlu disambut baik, kerana ia menyentuh isu utama yang sering dihadapi pengguna iaitu penolakan tuntutan atas alasan penyakit sedia ada.
Read more: Klausa khas insurans perubatan, kesihatan usah beban pengguna
Hidden charges, confusion among top BNPL complaints, says consumer group
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PETALING JAYA: Hidden charges, unclear terms and conditions, and difficulties resolving disputes with service providers are among the main complaints received by the National Consumer Complaints Centre (NCCC) involving 'buy now, pay later' (BNPL) services.
BNPL is often promoted as interest- and hassle-free when payments are made the following month, creating the perception that it is not a form of debt.
Read more: Hidden charges, confusion among top BNPL complaints, says consumer group
Increase in cost of food, essentials a strain: Fomca
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Fomca says rising food and daily costs continue to strain Malaysian households despite stable petrol prices
PETALING JAYA: While petrol prices remain stable, Malaysian households are still grappling with high living costs, with rising prices of food and daily essentials continuing to strain family budgets, according to the Federation of Malaysian Consumers Associations (Fomca).
โStable fuel prices do help prevent further escalation in costs. Daily expenses such as food, utilities and services play a much larger role in shaping household financial pressures,โ said Fomca CEO Saravanan Thambirajah. He said despite steady petrol prices, many households do not feel a meaningful reduction in overall expenses.
https://thesun.my/news/malaysia-news/people-issues/increase-in-cost-of-food-essentials-a-strain-fomca/
Read more: Increase in cost of food, essentials a strain: Fomca
Maintaining 800-Litre BUDI95 Limit For e-Hailing Helps Stabilise Costs - GEM
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KUALA LUMPUR, March 26 (Bernama) -- The governmentโs decision to maintain the monthly ceiling of up to 800 litres under the Budi MADANI RON95 (BUDI95) programme for e-hailing drivers and gig workers is seen as a timely measure to help stabilise operating costs amid adjustments to the subsidy scheme.
Malaysian E-hailing Coalition (GEM) chief activist Masrizal Mahidin said the move could also stimulate demand for e-hailing services following the temporary adjustment to the BUDI95 quota eligibility beginning next month.
https://www.bernama.com/en/news.php/?id=2538016
Read more: Maintaining 800-Litre BUDI95 Limit For e-Hailing Helps Stabilise Costs - GEM
Temporary Adjustment Of Fuel Subsidiy Balances People's Welfare And National Fiscal Discipline - Analysts
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KUALA LUMPUR, March 28 (Bernama) -- The government's strategic move to temporarily adjust the fuel subsidy mechanism is seen as an effort to find a balance between the welfare of the people and the country's fiscal discipline in facing the impacts of geopolitical uncertainty in West Asia.
Universiti Teknologi MARA (UiTM) Faculty of Administrative Science and Policy Studies senior lecturer Mujibu Abd Muis said that the temporary adjustment of the Budi MADANI RON95 (BUDI95) programme, effective April 1, is considered an important step towards targeted subsidies to prevent leakage and ensure optimal use of fiscal resources.
Borrowers deciding the best deals before purchase
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PETALING JAYA: The Hire Purchase (Amendment) Act 2026 could have been helpful if it applies to existing borrowers, especially with the rising cost of living.
For creative writer Nuratikah Muhammad, she said her loan will not be covered under the new guidelines since it was taken a few years ago.
โIt would have been great if we were covered as well.
https://www.thestar.com.my/news/nation/2026/03/28/existing-borrowers-left-out
Read more: Borrowers deciding the best deals before purchase
Call for crackdown on fuel subsidy abuse by foreigners
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PETALING JAYA: As fuel subsidy abuse continues to spark public outrage, holding foreign vehicle owners accountable for purchasing subsidised Budi95 petrol is a crucial step towards fairer enforcement, say consumer groups.
Previously, responsibility rested entirely on petrol station operators, who often struggled to prevent abuse.
Pertubuhan Mesra Pengguna Malaysia deputy president Azlin Othman said petrol station operators often faced constraints in controlling the actions of those taking advantage of the system.
He cautioned that the flexibility now given to operators must not become an excuse for weak compliance.
โMonitoring must continue to be strengthened,โ he added.
Read more: Call for crackdown on fuel subsidy abuse by foreigners
'BNM perlu larang bank promosi insurans dalam premis, elak perdaya pelanggan' - CAP
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GEORGETOWN: Persatuan Pengguna Pulau Pinang (CAP) menggesa Bank Negara Malaysia (BNM) melarang institusi kewangan daripada mempromosikan sebarang bentuk insurans, terutama berkaitan pelaburan di dalam premis mereka.
Presidennya, Mohideen Abdul Kader berkata, CAP menerima aduan ada pegawai bank mendekati pelanggan dalam premis bank bagi mempromosikan insurans berkaitan pelaburan sebagai 'pilihan pelaburan yang lebih baik dengan pulangan lebih tinggi berbanding simpanan atau deposit tetap'.
Katanya, dalam kebanyakan kes, pelanggan tidak dimaklumkan mereka sedang ditawarkan insurans berkaitan pelaburan yang memerlukan pembayaran premium dalam tempoh beberapa tahun.
"Dalam satu kes, seorang wanita mendakwa dia sudah memberitahu pegawai bank bahawa dia enggan membeli sebarang insurans kerana hampir bersara dan mempunyai simpanan terhad.
"Pegawai bank itu meyakinkannya bahawa ia hanyalah 'Pelan Simpanan' yang dikunci selama lima tahun dan kerana menyangka ia produk deposit tetap yang baharu, wanita itu bersetuju sebelum diberi satu timbunan dokumen dengan cetakan halus bagi ditandatangani.
Read more: 'BNM perlu larang bank promosi insurans dalam premis, elak perdaya pelanggan' - CAP
'Beli barang tak sama macam dulu'
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JOHOR BAHRU: Kerajaan diminta menaikkan bantuan tambahan kepada ibu dan bapa tunggal yang mempunyai anak tanggungan dalam Belanjawan 2024.
Sebelum ini bantuan tambahan RM500 kepada ibu tunggal diteruskan dan mereka juga layak menerima Bantuan Keluarga Malaysia (BKM) maksimum RM3,000 dalam Belanjawan 2023 berbanding RM2,500 menerusi Belanjawan 2022.
Ibu tunggal kepada tiga cahaya mata, Cecelia Das, 41, berkata, kerajaan perlu menimbang untuk menambah jumlah bantuan sedia ada kerana kos sara hidup ketika ini tinggi disebabkan kenaikan harga barang.
Dia yang berasal dari Apin-apin, Keningau, Sabah dan kini menetap di Bandar Bistari Perdana, Pasir Gudang dekat sini berkata, perbelanjaan barang dapur ketika ini tidak sama seperti tahun lalu.
โSemua perbelanjaan naik mendadak. Peningkatan kos sara hidup sangat ketara di sini. Gaji saya sebagai pekerja kilang di Tampoi memang tidak cukup.
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