Finance Ministry, Tourism Ministry in talks to allow travel operators to use insurance guarantees, says Tiong


Photo: Bernama

KUALA LUMPUR: Discussions with the Finance Ministry are ongoing to allow travel agencies to use insurance guarantees as an alternative to bank guarantees, says Datuk Seri Tiong King Sing.

The Tourism, Arts and Culture Minister said the move will offer better consumer protection, restore trust and ensure timely compensation in cases of fraud, negligence, or operational failures by travel operators.

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