TNB + MAS Good News

The last week has shed some good news for two prominent GLCs, MAS n TNB.

TNB

Tenaga Nasional excellent performance for the past few years has lead to its current CEO, Datuk Che Khalib Mohamad Noh, contract extended, by Khazanah Nasional, beginning July 1. He is on the cover of the latest The Edge newspaper, under the byline " Powering Tenaga ". It is no doubt that he has done a good job so far in reviving Tenaga. Even, our own Jeff Ooi has given him a good writeup on his work with TNB.

Especially in the case of the recent tariff hike, TNB has been smart in explaining in why they have to do it, citing increasing energy costs, by making public of all of the details. The Government did help by announcing a possible revision in the IPP agreements between TNB and the IPPs.

MAS

MAS also reported good results for the fourth quarter of 2006. As reported here, the current CEO has managed to bring some good news to MAS by executing his turnaround. Although it is a bit too early to celebrate, but this is good news to Malaysian business environment.


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It is my hope that both of these GLCs keep up their good work and continue their success story. :-)

In my opinion, given the right opportunity and support, any talented Malaysian can manage our Malaysian GLCs and bring it to further success. I do not think we lack the talent, what we lacked was the political will to put the right people, instead the more well connected people, in top GLC posts.

I like what this post says about Idris Jala. It is an example that we can be proud of.

The right talent given the right opportunity and support, Malaysia BOLEH !

No political interference from higher ups and cronies, Malaysia LAGI BOLEH ! :-)

This cerita is sudah pasti TIDAK BOLEH !! I think this council got nothing better to do ;-)


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