THE move to hit IPPs with a special windfall tax has drawn vociferous protests from Penjanabebas, an association that represents the 16 IPPs (in the east and west) in the country, and which generally, given half the choice, would prefer to keep a low, calm profile. The distress is loud and clear. “We weren’t consulted,” says Penjanabebas president Dr Philip Tan. Truth is, industry players are rarely asked for their opinion on levies or taxes. “It’s like asking the tobacco boys what they think... read more
