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Investment Fraud On The Rise

Aug 20, 2024

Investment fraud schemes are becoming more prevalent.

The Companies Commission says the number of such scams increased by over one thousand percent last year compared to 2022.

It adds that this sharp spike is a cause for concern, because it reflects a serious problem in the country.

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The Consumers' Association of Penang is urging the Transport Ministry to take stern action against airlines for flight delays and cancellations.

It told NST that the ministry should investigate any cases of dubious business practices to safeguard consumer rights.

This, after the CAP said it received complaints about a local airline consistently rescheduling or cancelling flights.

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Tan Sri Muhyiddin Yassin has defended his recent speech that allegedly touched on 3R sensitivities...claiming his remarks were factual and not meant to offend.

More than 30 reports have since been lodged over the speech, while the former PM will also have his statement recorded by the police today.

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A court in Pahang has charged the operator of the bus that crashed in Genting Highlands back in June, claiming the lives of two Chinese tourists.

The company pleaded not guilty to allowing a driver to drive the bus without a license and using a bus with an expired permit.

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The new salary hike for civil servants can help to boost the domestic tourism sector.

The Finance Ministry explained that it's because more Malaysians will have disposable income to spend on travelling.