The Competition Act 2010 is an act to promote economic development and protect consumers’ interest. It is implemented by the Malaysia Competition Commission (MyCC)‚ which was established under the Competition Commission Act 2010. This act was enacted by the Parliament of Malaysia in May 2010 and came into effect on 1 January 2012. The Competition Act 2010 is not meant to protect competitors. It is meant to ensure enterprises compete freely and fairly. Competition forces enterprises to be more efficient
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International Applied Economics and Management Letters 1(1): 9-12 (2008) Are Malaysian Government-Linked Companies (GLCs) Creating Value? Y. W. Lau1 and C. Q. Tong2 Faculty of Economics and Management‚ Universiti Putra Malaysia 2 School of Business and Law‚ Sunway University College 1 Abstract: Government-linked companies (GLCs) play an important role in the development of the Malaysian economy. However‚ overall public perception of GLCs in Malaysia has been tainted by the poor performance
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TENAGA NASIONAL BERHAD 19 November 2010 Dear Shareholder‚ RE: Implementation of Electronic Dividend (eDividend) Payment We are pleased to inform you that Tenaga Nasional Berhad (“the Company”) will be providing eDividend to shareholders to be implemented in the third quarter of 2010. The eDividend refers to the payment of cash dividends by the Company directly into the shareholders’ bank accounts. One of the main objectives of implementing eDividend is to promote greater efficiency of the payment
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is the creative and innovative ideas‚policies‚strategies and programmes of the Prime Minister‚Dato’ Sri Najib to lift the nation towards a high-income and developed economy by 2020.the 2013 Budget continues the excellent tradition of the Barisan Nasional in prospering the country and improving the well-being of the rakyat.This is a manifestation of a promise fulfilled.As the theme that Najib gave is 1 Malaysia People First Performance Now. It is proven beyond doubt that the Malaysian economy is centred
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The Malaysian Indian Congress (MIC) History The Malaysian Indian Congress (MIC or Kongres India Se-Malaysia) is a Malaysian political party and is one of the founding members of the ruling coalition‚ Barisan Nasional‚ previously known as the Alliance that has been in power since the country achieved independence in 1957. The MIC was established in August 1946‚ at the end of World War II‚ to fight for Indian independence from British colonial rule. After India gained its independence‚ MIC involved
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values Our share values provide us with a principle that will shape our business ethics and operations Customer first Business excellence Integrity Caring 1 Electricity Supply Application Handbook Acknowledgement Tenaga Nasional Berhad would like to acknowledge those that have actively contributed towards this effort in revisiting the TNB’s Electricity Supply Application Handbook initially launched in 2001 and its subsequent Second (2nd) Edition in 2007. In our endeavor
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the consumers. As a resolution of the issue coupled with the natural monopoly market structure of Tenaga Nasional Berhad (TNB)‚ beginning 1st January 2014‚ Energy Commission Malaysia (Suruhanjaya Tenaga)‚ the regulatory instrument of energy industry has implemented Incentive Based Regulation (IBR) that enables the consumers to know the
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the Alliance and Barisan Nasional registered themselves as political parties‚ membership was only possible indirectly through one of the constituent parties. In the Alliance‚ one could hold direct membership‚ but this was abolished with the formation of the Barisan Nasional. The Barisan Nasional defines itself as "a confederation of political parties which subscribe to the objects of the Barisan Nasional". Although in elections‚ all candidates stand under the Barisan Nasional symbol‚ and there is a
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Kassim Ahmad Background THINKER‚ teacher‚ socialist‚ politician‚ Kamunting detainee. In his time‚ Kassim Ahmad was all these and was certainly no stranger to controversy. Following his own philosophical muse has taken him from the highs of his acclaimed commentary on the Hikayat Hang Tuah (in which he argues that Hang Jebat is the true hero of the Malay epic) to the lows of a five-year spell under the Internal Security Act. What’s more‚ after serving 18 years as national chairman of the Parti
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Electrical Trade Workshop Summary On 2nd May 2012‚ Electrical Trade power transformer was exploded and causes a minor injury to 4 students from the trade. The Fire Department from Kuala Terengganu had cleared the area and 2 specialists from Tenaga Nasional Berhad had come for further investigation. The Head of Department from Human‚ Safety and Health had been informed. Description On 2nd May 2012‚ En Julaihi Hamid‚ the security guard was doing his daily routine of supervising the area at The Electrical
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