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Business 26 Feb 2011 | 12:00 AM

Heat on oil prices

Amid the increasing pressure on global crude oil prices, Domestic Trade, Cooperatives and Consumerism Minister Datuk Ismail Sabri Yaakob has attempted to pacify Malaysians by assuring them that the Government was weighing all options to avoid increasing the prices of fuel - specifically RON95 - which is the lower range of petrol and diesel.

Business 09 Feb 2011 | 12:00 AM

Below 10 million credit cards issued

KUALA LUMPUR: The total number of credit cards in circulation in the country has dropped below 10 million, partly affected by the RM50 service tax introduced in Budget 2009 and as more people opt for debit cards.

Business 06 Dec 2010 | 12:00 AM

Direct selling sales in Malaysia to reach RM10bil

SHAH ALAM: The Government expects the direct selling industry to record RM10bil in sales by 2015, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob.

Business 09 Oct 2010 | 12:00 AM

Let the buyers beware

Penalising consumers of illegal goods is not a good idea if the suppliers escape punishment.

Business 01 Oct 2010 | 12:00 AM

Law to benefit consumers, businesses

PUTRAJAYA: The recently-gazetted Competition Act will benefit both consumers and businesses as there will be provisions to free them from being subjected to manipulative and cartel-like business practices.

Business 01 Oct 2010 | 12:00 AM

SMEs urged to actively participate in NKEA sectors

KUALA LUMPUR: The Government has urged small and medium-scale enterprises (SMEs) to actively participate in the various 12 National Key Economic Area (NKEA) sectors that have been identified to drive the economic growth.

Business 28 Jul 2010 | 12:00 AM

Bank Negara seeks to nab five in get-rich-quick schemes

KUALA LUMPUR: Bank Negara is seeking to arrest five individuals who are suspected of operating get-rich-quick schemes.

Business 06 Jul 2010 | 12:00 AM

Competition Act to promote competitive environment

KUALA LUMPUR: The Competition Act 2010, which will come into force on Jan 1, 2012, will promote a competitive environment and give foreign investors more confidence in the country's business practices. The Act will govern all firms, including government-linked companies (GLCs).

Business 12 Jun 2010 | 12:00 AM

Promoting competition

THE Competition Bill 2010, which was passed last month and expected to be implemented by mid- or end of 2011, is aimed at creating a better business environment and to check against anti-competitive practices.

Business 12 May 2010 | 12:00 AM

Companies Commission forms special taskforce to fight crime

KUALA LUMPUR: The Companies Commission of Malaysia (SSM) has established a special taskforce that would collaborate with other government agencies to help fight against white collar crimes and build greater investor confidence, among locals and foreigners.