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NEWS UPDATES Asean Affairs     28-29 November  2011

Malaysia’s energy utility Tenaga Nasional third best in Asia

KUALA LUMPUR, Nov 26  -- Tenaga Nasional Bhd (TNB) has been ranked third among electric utilities in Asia in the Platts Top 250 Global Energy Company Rankings for 2011.

In a statement Saturday, TNB said among global electric utilities, it was placed 24th in the latest ranking by Platts, a global provider of energy, petrochemicals and metals information.

"In addition, TNB was ranked 20th in overall in Asia and 90th in overall global performance," it said.

The annual rankings are based on financial performance in four key areas: asset worth, revenues, profits and return on invested capital.

All companies in the list have assets of over US$3.5 billion (RM11.13 billion).

TNB president/chief executive officer, Datuk Seri Che Khalib Mohamad Noh, said the latest rankings were recognition of the company's commitment and perseverance in serving the customers better through improvement in efficiency and productivity.

"TNB will stay focused and strive harder to meet the expectations of the customers despite the tougher operational environment it have to face," he said.

The rankings were announced during the Platts Top 250 Global Energy Companies Awards ceremony held recently in Singapore.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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