PETALING JAYA: Graft investigators have opened two investigation papers on Sapura Energy Bhd following allegations of corruption and misappropriation of funds, says the Malaysian Anti-Corruption Commission (MACC).
THE Federation of Malaysian Consumers Associations commends the government's decisive move to enforce the display of medicine prices in private clinics and hospitals under the Price Control and Anti-Profiteering Act 2011 . This initiative, spearheaded by the Domestic Trade and Cost of Living Ministry, marks an important step toward enhancing price transparency and accountability within the private healthcare sector.
The reality is that some businesses take advantage of regulatory loopholes to engage in price manipulation, overcharging vulnerable consumers. The enforcement of price display regulations acts as a safeguard against such exploitative practices and ensures fairer pricing in private healthcare.While the government’s latest initiative is a step in the right direction, it should not stop here.
2. Private Healthcare Facilities and Services Act 1998 – To close existing loopholes and ensure fair medical pricing.
Fomca Display Of Medicine Prices Price Control And Anti-Profiteering Act 2011 Domestic Trade And Cost Of Living Ministry
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