Consumers Association of Penang

Giving voice to the little people...since 1970

Motor insurance - let the Govt take over

Many comments have been made about Consumers Association of Penang 's (CAP's) proposal for a no-fault liability scheme in relation to motor vehicle accidents (MVAs), and regarding the proposed scheme by Bank Negara Malaysia (BNM). CAP wishes to set the record straight regarding its stand on the proposed BNM scheme as well as respond to the comments made.

Very little is known about the proposed scheme by BNM, but from various reports in the media, it appears that :
 

24% interest rate for co-op loan

Cooperative members may find it easy to get loans but these loans can be very expensive.  For one cooperative member, the interest rate is as high as 24% per annum.  

The loan is expensive because the cooperative deducts “cost of loan 19% from the principal”.

CAP and SAM: Revoke approval for field trial of GM mosquitoes

 
gm-mozzie-idrisCAP and Sahabat Alam Malaysia (SAM) call upon the National Biosafety Board (NBB) to revoke the approval given to the Institute for Medical Research (IMR) in October 2010 to release genetically modified (GM) male Aedes aegypti mosquitoes for the purpose of a field experiment.
 
The applicant and implementer of the field trial is the IMR which had developed the GM mosquitoes in a joint research with UK-based biotech company Oxitec Ltd. The field trial which was supposed to be carried out last December in uninhabited and inhabited sites in the districts of Bentong, Pahang and Alor Gajah, Melaka was reportedly delayed because of bad weather.

Risk Assessment of GM mosquito planned release is incomplete and lacks transparency, says GeneWatch UK

 The Risk Assessment (RA) report of the Malaysian Genetic Modification Advisory Committee (GMAC) on the planned release of GM Aedes mosquitoes in Malaysia is incomplete and the RA process needs to be more transparent. These comments were made in a 13-page report by GeneWatch UK, a scientific organisation involved in genetic engineering and biosafety issues.

GeneWatch UK states that ‘We are concerned that the novelty of this application of GM technology has made regulators in several countries too dependent on advice provided by the company, which has a vested interest in speeding its products into the market place in order to generate financial returns for its investors’.
 
Malaysia’s field release of GM Aedes mosquitoes, purportedly developed by the IMR and the UK based biotech company Oxitec, will be one of the first such experiments in the world.
 

CAP and SAM deplore lack of transparency on release of GM mosquitoes

CAP and Sahabat Alam Malaysia (SAM) are very shocked to learn from press reports today that GM Aedes mosquitoes were released on 21 Dec 2010 in Bentong, Pahang.  This despite statements in the press in January 2011 by senior Biosafety Department officials saying that the trials had been postponed due to bad weather.