Puncak Niaga Holdings' potential pact with 1Malaysia Development Bhd in the privatisation of national sewerage company Indah Water Konsortium Sdn Bhd is causing excitement. PUNCAK Niaga Holdings Bhd's shares have generally been a laggard over the past couple of years, bogged down by the restructuring of the water sector in Selangor that still has not happened after years of discussion.
AS talk of an impending general election heats up, incidences like the recent anti-water privatisation protest are surfacing. Tighter regulation and implementation of policies all round is a must to tell the public that the government's plans are on track. THE ANTI-WATER PRIVATISATION PROTEST IN Kuala Lumpur on Dec 5 is reminiscence of the series of demonstrations that took place in the run-up to the 2008 general election.
SYED SHAHIR Syed Mohamud was a late bloomer. He only began talking when he was four. But he has not stopped talking since. `When I was 13, I asked an ustaz what my name meant. He said it meant famous in Arabic. He then told me he did not know whether I would be famous,' recalls Syed Shahir. Syed Shahir has certainly lived up to the meaning of his name. The President of Malaysian Trades Union Congress (MTUC) since 2004, he has earned the ire of the government with his persistent calls for a minimum wage for workers to be set at RM900, the cost-of-living allowance (COLA) for private sector workers to be set at RM300 and for the union's strong stand against toll price hikes. This year saw MTUC organising two protests demanding the government to set a compulsory monthly minimum wage of RM90...
... MTUC's concerns and toll and the privatisation of public services comes under this as well. `Workkers pay toll, they use water and medical services. If the government says it ca...
...Moreover, . the prospect of privatisation has [already] driven up consumer water costs in Gh...
A BIG splash may yet be heard at Puncak Niaga Holdings Bhd (PNHB). Word is that the details of the company's role in the privatisation of water
WATER, besides being essential to human life, is also a key component in industries from food to electronics. Only in the last few years has water grabbed the news headlines, covering issues on water quality and the need to increase water tariff to finance the capital-intensive industry. These issues were prompted partly by the privatisation of certain areas of the water industry to improve service and water quality and more importantly, to address escalating cost of providing clean water to consumers.
WATER is one of our most precious resources. Recently, when that resource was threatened by the Selangor State Government's decision to allow the privatisation of three rivers in the State, namely, Sungai Kelang, Sungai Langat and Sungai Selangor, there was a public outcry. The general consensus was that the move could be devastating as Sungai Langat and Sungai Selangor supply more than half the State's needs. Will this affect water supply to the local communities? Would the public be forking out more money for their water even as they are adjusting to the shock of the recent fuel hike?
... affluence, and a reliance on privatisation and on exports and foreign investment to stimulate... in those without improved drinking water and sanitation; . * improvement in the lives of sl...
FOR a relatively new player to the local insurance scene, Allianz Malaysia Bhd has done well. It has become Malaysia's largest general insurer and the sixth largest in the life insurance segment. Now it has plans to make insurance more affordable to the people by diversifying its distribution channels. German-trained Jens Reisch, Allianz's chief executive, shares his plans with News Editor Gurmeet Kaur and Senior Writer Michael Sun. In `Other Thots', A Kadir Jasin talks about the Prime Minister's recent `cool' liberalisation measures. He shares why repealing the Internal Security Act (ISA) might not go down well with certain quarters.
... 1Malaysia Development Bhd in the privatisation of national sewerage company Indah Water Konsortiu...
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