Still, it will give the government a good excuse to make Tenaga Nasional more efficient.

CNN: Waiting for a Cooldown

Tenaga is now squeezed between costly power-purchasing contracts foisted on it by the previous government and low tariffs insisted on by the current one.

ECONOMIST: Khazanah: The Malay way of business change | The

He has appointed young, foreign-educated professionals to run Tenaga and Telekom.

ECONOMIST: Khazanah: The Malay way of business change | The

The latest fad among emerging-market bond investors, eager to get a piece of the action, is to queue up for bonds with 100-year maturities, such as those issued by the Chinese government and Tenaga Nasional, a Malaysian electrical utility.

ECONOMIST: From here to eternity | The