Kedah govt did not consider project as no deposit paid
PETALING JAYA (June 1): Prime Minister Tun Dr Mahathir Mohamad will not be officiating the RM30 billion Langkawi New City project announced yesterday by Ting Pek Khiing, reported Malaysiakini.
Signing of documents between MRCB-Gamuda and MyHSR cancelled
KUALA LUMPUR (June 1): The signing of documents between the MRCB-Gamuda consortium and MyHSR Corp Sdn Bhd scheduled for today will not take place following the cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project.
UOB Kay Hian: Market taken aback by surprise MRT3 cancellation
KUALA LUMPUR (May 31): The cancellation of the third mass rapid transit line (MRT3) has caught investors by surprise and subsequently precipitated another broad market meltdown, which had fallen by the biggest single-day drop since 2008, according to UOB Kay Hian Securities (M) Sdn Bhd.
The end of HSR ‘not ominous sign for bilateral relations’, say analysts
KUALA LUMPUR (May 31): The move to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) “should not be seen as a move to spite Singapore”, according to analysts who spoke to the daily Today.
Tun M on HSR: RM100bn outlay for 100,000 jobs inefficient
PETALING JAYA (May 31): Prime Minister Tun Dr Mahathir Mohamad has fired back at former premier Datuk Seri Najib Razak, saying that an investment of up to RM100 billion to create 100,000 jobs is “not very efficient”.
RM40b MRT3 project scrapped, says PM
PUTRAJAYA (May 30): The government is scrapping the third mass rapid transit line (MRT3) project, which is estimated to cost up to RM40 billion to build, Prime Minister Tun Dr Mahathir Mohamad said today.
Back up your HSR RM209b loss claims, PM tells ex-minister
PETALING JAYA (May 30): Prime Minister Tun Dr Mahathir Mohamad has challenged former Minister Datuk Abdul Rahman Dahlan to back up his claims that the cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) will result in economic losses of RM209 billion.
Malaysia to axe HSR
PETALING JAYA (May 28): Tun Dr Mahathir Mohamad has confirmed that the Kuala Lumpur-Singapore high speed-rail (HSR) will be cancelled, with the penalty likely to be around RM500 million, the prime minister told reporters today after a Parti Pribumi Bersatu Malaysia meeting.
Jack Ma to meet Tun M on DFTZ project
PETALING JAYA (May 25): Alibaba Group executive chairman Jack Ma (pictured) will be in Malaysia to meet Prime Minister Tun Dr Mahathir Mohamad “soon”, reported local Chinese daily Nanyang Siang Pau.
