20180712_PEO_AzminAli_9882_IZW.jpg

PETALING JAYA (Sept 5): Malaysia's Economic Affairs Minister Datuk Seri Mohamad Azmin Ali and Singapore's Transport Minister Khaw Boon Wan will sign a side letter that amends the original  Kuala Lumpur-Singapore High-Speed Rail (HSR) today, reported The Malaysian Insight.

The letter will amend the original agreement between both countries which did not have provisions to postpone the project.

Earlier, Azmin Ali said the project will be postponed "indefinitely" and Malaysia will not be subjected to a RM500 million termination penalty.

SHARE
SPONSORED CONTENT
Making sense of compounding interest—breaking down the maths

Unlike simple interest, which only rewards you on your original deposit, compound interest lets you earn interest on top of your earned interest, making sure that every sen that you have in your account is productive.

read more
RELATED POSTS
  1. Sunway rebrands Singapore operations as Sunway MCL with S$4.5b GDV across nine projects
  2. Singapore-based companies have committed over $5.5b worth of investments into Johor: JS-SEZ forum
  3. Gamuda holds 50% stake in RM3.31b residential, commercial project in Singapore