Electrified bourse

Article Abstract:

Malaysian electric company Tenaga Nasional Berhad's shareholders doubled their investments when the offering opened at the Kuala Lumpur Stock Exchange (KLSE) on May 28, 1992. The success of the Tenaga issue followed the 1990 gain of Telekom Malaysia Bhd. With a price of 8 Malaysian dollars on its first trading day, the shares soared to 8.85 Malaysian dollars after only 30 minutes. Investors will most likely be attracted by the fact that Tenaga is Malaysia's second largest company on the KLSE after Telekom. Analysts have adviced that they should not buy until prices fall to 6.80 Malaysian dollars.

Security and commodity exchanges, Stock-exchange, Stock exchanges, Securities, Kuala Lumpur Stock Exchange Bhd., Tenaga Nasional Bhd.

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Creed for survival

Article Abstract:

Sultan Hassanal Bolkiah of Brunei has strived to strengthen domestic Muslim support for the monarchy while projecting the country as an active participant in world affairs to fulfill the dual goal of preserving the monarchy and promoting Brunei as a modern nation. He has declared that he has no intention of stepping down from power and that the nation's history has proven that monarchy is beneficial to the people. He has also discarded his image of oriental opulence and tries to show himself as caring and religious.

Political activity, Political aspects, Brunei, Hassanal Bolkiah, Sultan of Brunei

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Revving up

Article Abstract:

Economic reforms are unlikely to change but are expected to pick up pace regardless of the outcome of the general elections in India. The fiscal deficit needs to be reduced by increasing the tax revenues and cutting on expenditures at the central government level and streamlining revenue collection in the power sector at the state level.

India, Elections, Economic reform

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