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Decision to discontinue levy will have positive effects
Sentiments are positive all round on the Government's decision to discontinue its windfall profit levy on independent power producers (IPPs).
IPPs should also carry the burden, says Tenaga CEO
Not all players in the country's power sector seem to be 'sharing the burden'' of higher fuel costs. Tenaga Nasional Bhd (TNB) is left to fight its own battle to sustain its operations while making hefty capacity payments to the independent power producers (IPPs).
IPPs gain after windfall tax revision
The government's move to impose a one-year windfall tax payment and suspend the power purchase agreement (PPAs) is positive for the independent power producers (IPPs).
Malaysia needs a more sustainable model
Malaysia should adopt a more equitable and sustainable power-generation business model that is commercially viable yet fair to all players in the sector, including consumers.
More upside for Tenaga
Tenaga Nasional Bhd is poised to benefit from the recent developments and its current valuations have priced in the high coal cost and political risk for Malaysia, says HwangDBS Vickers Research.
Diverse ops help Kulim mitigate risks
Kulim Managing director Ahamad Mohamad talks to (i)StarBiz/i>on how the group will face the decline in CPO prices
Budget 2009 lacks punch, says Fong
MCA vice-president Datuk Seri Dr Fong Chan Onn has criticised Budget 2009, saying it lacked punch and failed to create a conducive environment for investors.
CPO windfall tax revision deemed inevitable
A revision in the newly imposed crude palm oil (CPO) windfall tax on plantation companies is inevitable, especially with the sharp correction in CPO prices on speculation that crude oil is likely to trend below US$100 per barrel for the rest of this year.
Group: Glove exports to rise 6% this year
Malaysian Rubber Glove Manufacturers' Association expects rubber glove exports to grow by 6% this year despite higher raw material prices.
TNB hopes talks on power purchasing agreements can end by June
Tenaga Nasional Bhd (TNB) hopes that the re-negotiation of power purchasing agreements (PPAs) can be concluded by June, president and chief executive officer Datuk Seri Che Khalib Mohamad Noh said yesterday.
