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FUEL PRICE HIKE AND CONSUMERS PDF Print E-mail
Thursday, 07 November 2013 11:29

The governments’ intention to reduce fiscal deficit through a number of ways is commendable. However, reduction in the petrol subsidies is seen as hasty and lacks in justification and public consultation.  The acceleration of the inflation rate caused by the sudden petrol price hike is no good news especially now when the trend in emerging markets is depreciating of currencies.

The cut in the subsidy is expected to save the government a whopping amount of RM1.1 billion this year and RM3.3 billion annually. However, the utilization of this amount to give out BRIM is seen as short sighted and only provide short term solution to the people’s woes. Better utilization of the fund should be proposed by the government and made public. Questionable transparency when it comes to the fund could only hurt the people’s trust in the government causing more political instability.

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FOMCA LANCAR BULAN KEWANGAN BERHEMAT 2013 PDF Print E-mail
Thursday, 07 November 2013 11:28

KUALA LUMPUR, 7 Oktober 2013 – Gabungan Persatuan-Persatuan Pengguna Malaysia (FOMCA) mengadakan Bulan Kewangan Berhemat 2013 dengan kerjasama Persatuan Bank Bank Dalam Malaysia. Program yang diadakan buat kali yang ketiga ini, dirasmikan oleh Encik Abu Hassan Alshari Yahaya, Penolong Gabenor Bank Negara, di Sasana Kijang, Kuala Lumpur.

Program Bulan Kewangan Berhemat ini bertujuan untuk memberikan penekanan tentang kepentingan celik kewangan sebagai kemahiran hidup bagi semua orang, mendidik rakyat Malaysia tentang cara untuk membangun dan mengekalkan tabiat dan perilaku kewangan yang sihat untuk kesejahteraan kewangan mereka, dan mengutarakan isu dan aduan pengguna tentang sektor perbankan dan kewangan.

FOMCA masih menggunakan tema yang sama semenjak tahun 2011, iaitu “Tanggungjawab Kewangan Bermula Dengan Saya”.

Sepanjang bulan ini, pelbagai program dirancang oleh FOMCA, iaitu latihan kewangan untuk pra persekolahan, pendidikan kewangan untuk eksekutif muda, ceramah kesedaran kewangan di sekolah dan institusi pengajian tinggi, bengkel kewangan untuk komuniti, khususnya golongan belia dan wanita, serta pendidikan pelaburan untuk pemimpin masyarakat.

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PIDM LAUNCHES MONEYSMART 123 ADVOCACY CAMPAIGN IN COLLABORATION WITH FOMCA FINANCIAL LITERACY MONTH PDF Print E-mail
Thursday, 07 November 2013 11:26

Kuala Lumpur, 19 October 2013: Perbadanan Insurans Deposit Malaysia (PIDM) today launched its MoneySmart 123 Advocacy Campaign in collaboration with the Federation of Malaysian Consumers Associations (FOMCA) Financial Literacy Month, at a ceremony held at the Multipurpose Community Hall at Kampung Tunku in Petaling Jaya.

The ceremony was jointly officiated by PIDM Chief Executive Officer Mr JP Sabourin and FOMCA President Datuk Dr Marimuthu Nadason. Over 100 grassroot members of the local community were present at the event.

“As a financial consumer protection authority responsible for administering the Deposit Insurance System (DIS) and the Takaful and Insurance Benefits Protection System (TIPS), as well as maintaining public confidence in the stability of the financial system in Malaysia, PIDM is committed towards enhancing financial literacy among the general public,” said Mr Sabourin.

Last Updated on Thursday, 07 November 2013 11:28
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Human rights movement like communism, says former IGP PDF Print E-mail
Thursday, 27 October 2011 03:15

KUALA LUMPUR, Oct 26 – The nation’s former top cop has likened the rise of the human rights movement in Malaysia to communism, and said this would lead to the questioning of “accepted truths” like the social contract.

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Stretching Your Ringgit PDF Print E-mail
Monday, 10 October 2011 08:53

My First Ringgit is part of the Stretching Your Ringgit project. The Stretching Your Ringgit Project is an initiative of ERA Consumer Malaysia with the support of Citi Foundation to increase the number of low-to-middle income adults and/or youth who adopt positive financial behaviors and accumulate and preserve financial assets.

My First Ringgit is a financial education program which is targeted at kindergarten children aged 4 – 6 teaching them about money matters. It is a fun and informative Game Kit set developed for the classroom workshops. My First Ringgit is available in two languages (Bahasa Malaysia and English) which are the mediums of instruction for most kindergartens in Malaysia. The module covers five topics: What is money?; Introduction to Ringgit; Needs and Wants; Saving; and Sharing.

Last Updated on Friday, 14 October 2011 06:02
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