Comments on: Spotlight on Sarawak electricity http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/ Let justice flow like a mighty river Fri, 25 May 2012 18:31:35 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Why Sesco directors fees higher than TNB despite it sharply declining profit? | Bintulu Edition http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35670 Why Sesco directors fees higher than TNB despite it sharply declining profit? | Bintulu Edition Mon, 14 Dec 2009 01:25:38 +0000 http://anilnetto.com/?p=17074#comment-35670 [...] In comparison, Tenaga Nasional Bhd, which was 38 per cent owned by Khazanah Nasional and 14 per cent by the EPF turnover was a whooping RM25.8 billion during the same period. [...] [...] In comparison, Tenaga Nasional Bhd, which was 38 per cent owned by Khazanah Nasional and 14 per cent by the EPF turnover was a whooping RM25.8 billion during the same period. [...]

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: anilnetto http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35601 anilnetto Sat, 12 Dec 2009 17:19:36 +0000 http://anilnetto.com/?p=17074#comment-35601 It's not just the university, Karma, the IPPs are also a heavy burden on TNB. Actually, I do believe that properly selected and qualified civil servants could run TNB without any political interference and after sorting out the lop-sided power purchase agreements. There is no need to privatise further. It’s not just the university, Karma, the IPPs are also a heavy burden on TNB.

Actually, I do believe that properly selected and qualified civil servants could run TNB without any political interference and after sorting out the lop-sided power purchase agreements. There is no need to privatise further.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: karma http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35600 karma Sat, 12 Dec 2009 16:35:04 +0000 http://anilnetto.com/?p=17074#comment-35600 Tariff hike on the pipe line? TNB is a hopeless GLC. Running subsidiaries at a lost. Paying fat salaries, gratuities and bonuses to employees when the company is not performing. TNB needs real corporate men to run it and its subsidiaries. If I'm not mistaken TNB is also running a university that runs a deficit of more than 45 million a year. Still TNB allows it to happen. When others are making profit, in TNB they are loosing money. And now the talk is tariff increase. Another burden on the rakyat. Tariff hike on the pipe line? TNB is a hopeless GLC. Running subsidiaries at a lost. Paying fat salaries, gratuities and bonuses to employees when the company is not performing. TNB needs real corporate men to run it and its subsidiaries. If I’m not mistaken TNB is also running a university that runs a deficit of more than 45 million a year. Still TNB allows it to happen. When others are making profit, in TNB they are loosing money. And now the talk is tariff increase. Another burden on the rakyat.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Gerakan K http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35593 Gerakan K Sat, 12 Dec 2009 11:46:41 +0000 http://anilnetto.com/?p=17074#comment-35593 If someone look at remuneration/bonus for Genting's directors, they are just like winning jackpots every year! If someone look at remuneration/bonus for Genting’s directors, they are just like winning jackpots every year!

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Ong Eu Soon http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35582 Ong Eu Soon Sat, 12 Dec 2009 07:12:34 +0000 http://anilnetto.com/?p=17074#comment-35582 I want to be the Director! Can somebody appoint me as one of the directors? Probably in my dream! Why Sarawakians need to pay more for their domestic consumption? 1 Malaysia? 1 east Malaysia, 1 west Malaysia. I want to be the Director! Can somebody appoint me as one of the directors? Probably in my dream! Why Sarawakians need to pay more for their domestic consumption? 1 Malaysia? 1 east Malaysia, 1 west Malaysia.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Sean http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35581 Sean Sat, 12 Dec 2009 06:54:40 +0000 http://anilnetto.com/?p=17074#comment-35581 It's hard to make a judgement on whether domestic energy customers are subsidising commercial / industrial. Easier if they're getting different rates for the same consumption, but harder if you're taking economy of scale or how well matched the industry is to the supply. I imagine a smelting plant would be a better load for a power station that cannot quickly respond to changes in demand than tens of thousands of Malaysians flicking the TV, air-con and kettle on as they leap into a hot shower after work. The cost of infrastructure to deliver energy to large consumers may also be substantially cheaper RM/Joule. The directors' emoluments, on the other hand, don't seem to be such a complicated controversy! It’s hard to make a judgement on whether domestic energy customers are subsidising commercial / industrial. Easier if they’re getting different rates for the same consumption, but harder if you’re taking economy of scale or how well matched the industry is to the supply. I imagine a smelting plant would be a better load for a power station that cannot quickly respond to changes in demand than tens of thousands of Malaysians flicking the TV, air-con and kettle on as they leap into a hot shower after work. The cost of infrastructure to deliver energy to large consumers may also be substantially cheaper RM/Joule.

The directors’ emoluments, on the other hand, don’t seem to be such a complicated controversy!

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: SungeiApong man http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35580 SungeiApong man Sat, 12 Dec 2009 05:00:05 +0000 http://anilnetto.com/?p=17074#comment-35580 Of course it's a rip-off. Look at the names of the directors and top management and they (are) linked to (someone's) family and their close associates. And if you have inside information, you will also know that most of the major suppliers to SEB are (allegedly) cronies and BN politicians. So what's new? Of course it’s a rip-off. Look at the names of the directors and top management and they (are) linked to (someone’s) family and their close associates. And if you have inside information, you will also know that most of the major suppliers to SEB are (allegedly) cronies and BN politicians. So what’s new?

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Mist http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35575 Mist Sat, 12 Dec 2009 02:10:24 +0000 http://anilnetto.com/?p=17074#comment-35575 Using mean as a measure of average is often a misleading mathematical quantity. Politicians like it a lot because it could cover a multitude of "sins" and misallocations. We should also look at median to see how the numbers are distributed. Often median would give a very different picture. In this regard I think, anil, hat hit the nail on the head - the householders are subscribing the industries and business concerns. Using mean as a measure of average is often a misleading mathematical quantity. Politicians like it a lot because it could cover a multitude of “sins” and misallocations. We should also look at median to see how the numbers are distributed. Often median would give a very different picture. In this regard I think, anil, hat hit the nail on the head – the householders are subscribing the industries and business concerns.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Nick http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35574 Nick Sat, 12 Dec 2009 02:03:50 +0000 http://anilnetto.com/?p=17074#comment-35574 what free????????? what free?????????

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: FenceSitter http://anilnetto.com/economy/development-issues/a-closer-look-at-sarawak-electricity/comment-page-1/#comment-35565 FenceSitter Fri, 11 Dec 2009 13:33:52 +0000 http://anilnetto.com/?p=17074#comment-35565 3.8 Million was paid to the directors of SEB compared to 2.3million paid to directors of TNB? That is 1.5million more for a co. with a turnover of 5% the size of TNB. Hello, can SEB explain this? 3.8 Million was paid to the directors of SEB compared to 2.3million paid to directors of TNB? That is 1.5million more for a co. with a turnover of 5% the size of TNB. Hello, can SEB explain this?

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]>