Bank Negara should not loosen its new car loan guidelines as suggested by the Proton Edar Dealers Association of Malaysia (Pedar).
According to news reports, Peda claims that members’ income have been affected because with the new guidelines, only 30% of the potential car buyers have managed to secure hire-purchase loans.
However there are good reasons why the guidelines are needed and must continue to be implemented.
The Consumers Association of Penang calls on the Ministry of Domestic Trade, Cooperatives and Consumerism to immediately enforce the Price Control and Anti Profiteering Act 2011 on shops, restaurants and coffee shops who are charging exorbitantly for drinking water. The Ministry should not wait for consumers to report being overcharged but use its powers under the Act to take action against the unscrupulous parties.
Malignant transformation is a slow process. Children's ability to detoxify environmental chemicals is not fully developed. They lack certain mechanisms possessed by adults that enhance the removal of toxic chemicals from the body.
Thus children's exposures to environmental carcinogens must be minimised.
The Consumers’ Association of Penang (CAP) calls on the Ministry of Domestic Trade, Co-Operatives and Consumerism to enforce the Price Control Act 1946 Amendment 1973, Section 8 (1) which requires traders to display price tags on goods that are meant for sale.