Telekom expected to announce lower leased-line rates, BUSINESS TIMES

Business Times (Malaysia)

04-27-2001

KUALA LUMPUR, Thurs. - Any increase in motor insurance premiums by the
Government is unjustified as the industry was already highly lucrative,
said the Automobile Association of Malaysia (AAM).
AAM insurance sub-committee chairman Fazan Ahmad said there was no
reason to do so and the Government should postpone any proposed hikes in
motor premiums.
"A recent study by AAM has shown stiff competition between insurance
companies for more customers in the motor insurance business," he said
in a state