PUTRAJAYA (Feb 5): The imposition of a RM10 million fine each against AirAsia Group Bhd, its subsidiary AirAsia X Bhd (AAX) and then Malaysian Airline System Bhd (MAS) over their short-lived collaboration was justified as their partnership went against competition laws, said the Malaysia Competition Commission (MyCC) today.
In his submission before the Court of Appeal to uphold the High Court s decision, MyCC counsel Datuk Lim Chee Wee said in 2010, MAS wanted to go head-to-head with AirAsia by having its own subsidiary, low-cost carrier (LCC) Firefly, ply some of the same routes.
He added that the Competition Act 2010 was supposed to promote economic development by promoting and protecting the process of competition, thereby protecting the interests of consumers , as per the act.
Extend loan moratorium, Fomca urges Bank Negara
Modified15 Jan 2021, 9:17 am
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The Federation of Malaysian Consumers Association (Fomca) has called on Bank Negara to extend the loan moratorium until at least August for all affected workers in the wake of the second movement control order.
In a statement today, its president Marimuthu Nadason said Bank Negara s silence and indifference to the plight of the rakyat is deafening. There should be an immediate moratorium.
All Access Plan
From breaches of the movement control order to theft of public funds, the general feeling among Malaysians is that the well-heeled and well-connected seem to get away with such offences easily.
IT may be a cold, wet start to 2021 but the heat is rapidly rising in our ever-sweltering political scene amid the unveiling of a sizzling new scandal involving the smuggling in of questionable quality meat and labelling it as halal.
The well-connected syndicate has allegedly been bribing senior officers from the Customs Department and several government bodies to import meat from non-halal certified slaughterhouses in China, Brazil, Bolivia, Canada, Colombia, Spain and Mexico.
Federation of Malaysian Consumers Association (Fomca) president Datuk Dr N. Marimuthu. – NSTP file pic
KUALA LUMPUR: Malaysia needs to review its overall food safety procedures following the New Straits Times’ expose on the meat cartel scandal.
Federation of Malaysian Consumers Association (Fomca) president Datuk Dr N. Marimuthu said while companies could export their produce here, they must ensure safety standards were met.”It (imported food products) can come from any part of the world, but ensuring the food is safe for consumption is of paramount importance, apart from obtaining halal certification,” he said, adding that the recent expose was a wake-up call to place more emphasis on food safety and security.