Tag - Fomca

14Mar

Strengthening consumer rights and transparency in private healthcare

THE Federation of Malaysian Consumers Associations (Fomca) commends the government's decisive move to enforce the display of medicine prices in private clinics and hospitals under the Price Control and Anti-Profiteering Act 2011 (Act 723). This initiative, spearheaded by the Domestic Trade and Cost of Living Ministry, marks an important step toward enhancing price transparency and...

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03Oct

Don’t just depend on credit scores, banks urged

PETALING JAYA: Good credit scores are what banks seek, but creditworthiness should be measured using other factors as well, says a consumer group. Federation of Malaysian Consumers Associations (Fomca) argued that past payment records from credit reporting agencies can be flawed indicators in determining the creditworthiness of debtors. Its vice-president and legal adviser Datuk Indrani Thuraisingham said...

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