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Thursday, 16 Apr 2020 05:30 PM MYT
APRIL 16 — Our nation is facing a pandemic which is creating animosity among families and is mounting daily. Companies and SMEs are closing down with workers taking pay cuts or receiving no pay, while the self-employed are finding it hard to sustain their families. All these are due do the Covid-19 and the movement control order (MCO) which has been extended further.
The government came up with stimulus package to assist those badly hit by the MCO. Banks also came up with their assistance programme to consumers by declaring a moratorium of 6 months payments on loans to enquire or clarify their issues.
Fomca has been receiving a lot of enquiries related to banking issues. Consumers are calling Fomca as the banks do not appear to have proper communication channel for the customers who have taken up loans with banks.
Read more: Covid-19 moratorium: Banks need to communicate with their customers — Fomca
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30 APRIL 2020 | 3.00 PM MYT
The Covid-19 pandemic has put tremendous financial pressures not only on the low-income group but also middle-income families.
Loss of jobs, reduced income and fear of an uncertain future are some of the immediate and long term concerns of households. The Malaysian Institute of Economic Research has estimated a loss of more than 2.4 million jobs as a consequence of this pandemic.
Clearly the financial support by the government to assist consumers to survive these difficult times is extremely limited.
Read more: Reduce RPGT to help families that need to sell house - FOMCA
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27 APRIL 2020 l 2:20 pm
AirAsia Group has implemented new travel policies for its passengers in light of the Covid-19 pandemic, including requiring guests to bring and wear their own face masks before, during and after their flight, as well as during check-ins and bag collection.
Passengers without a face mask will not be allowed to board the flight, said chief safety officer Captain Ling Liong Tien in a statement on AirAsia’s website today.
Read more: AirAsia implements new travel policies amid virus pandemic
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APRIL 24, 2020
The movement control order (MCO) has been extended. There also appears no indication that the government would be extending further financial support to low and middle income families.
During this current MCO as well as with the extension of the order, more workers will be losing jobs, those working will have their incomes reduced; and all workers and those seeking employment will be very worried of their future as jobs disappear and the economic outlook seems to be increasingly bleak.
Yet households have to continue to meet their financial obligations. One of their current major obligations is their communication and utility bills. For certain as families spend an increasing amount of time at home, their utility and communication bills are expected to increase substantially.
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- Category: Isu Covid19
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April 17, 2020
PETALING JAYA: Two consumer groups have denounced the Malaysian Aviation Commission (Mavcom) for deciding to be lenient with airlines unable to meet the regulatory deadline in giving refunds to would-be passengers booked on flights that have been cancelled.
Speaking to FMT, spokesmen for the Federation of Malaysian Consumers Associations (Fomca) and the Malaysia Consumer Movement (MCM) accused the commission of siding with the airline industry at the expense of consumers.
Fomca chief executive Paul Selvaraj said airlines should make cash repayments or, if they were offering credit notes, provide incentives to those accepting them.
“Consumers should have the right to cash repayments unless they are agreeable to other forms of restitution,” he said. “Airlines don’t have the right to force consumers to accept their terms.
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