Business demands answers

PUBLISHED : Monday, 05 August, 1996, 12:00am
UPDATED : Monday, 05 August, 1996, 12:00am
 

Members of the foreign business community believe the Malaysian Government must act swiftly to restore investor confidence.


They say businessmen need to be assured steps are being taken to overhaul the power system to prevent another failure.


Most factories, including hi-tech plants of leading international companies in the major industrial centres of Penang, Johor and the Klang Valley, were forced to shut down or operate at reduced capacity.


Companies affected included manufacturers of keyboards and other computer components, CD-ROM sets, and a range of electronic items.


Angry businessmen in Penang who threatened to sue Tenaga, the national power authority, after a breakdown in June last year, are expected to demand compensation for their latest losses. They could be joined by thousands of others throughout Malaysia.


Share

 

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

Business demands answers

Enter multiple addresses separated by commas(,)

Related topics

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive