TNB’s huge profits for the last few years suggest that the government is going all out to protect the interests of big corporations, says Ong Eu Soon.
Aug 052008
Jun 062008
Even though the price of crude oil has doubled from US$70 per barrel in 2006 to US$130 per barrel now, fuel costs cannot be more than 30 per cent of TNB’s total cost. The power purchase from the IPPs is the real problem that punches a hole in its earnings, says Ong Eu Soon.
Sep 302006
Perak recently raised water tariffs even though the Perak Water Board has been making healthy profits for the past five years. Jeyakumar Devaraj writes on the turbulence sparked by the hike and the controversial move to corporatise the Board.
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