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HIGHER power consumption arising from accelerating economic growth may help ease concerns over the margin squeeze suffered by Tenaga Nasional Bhd (TNB) as a result of increased operating costs.
INCREASED electricity sales due to steady economic growth saw Tenaga Nasional Bhd (TNB) report a 13.6% jump in pre-tax profit to RM1.71bil for financial year ended Aug 31, 2003 from RM1.51bil a year ago.
EXPECTATIONS are that oil and gas companies are going to make tons of money and subsequently see their share price surge to stratospheric levels. This sort of outlook of an industry is, in a way, not new.
HSBC operations in Malaysia and India are working together to encourage a greater flow of investments between the two countries.