Govt can claim RM10b from cancelled ECRL project, negotiations still ongoing, says Guan Eng
KUALA LUMPUR (Oct 22): The Malaysian government could claim back the RM10.
KUALA LUMPUR (Oct 22): The Malaysian government could claim back the RM10.
KUALA LUMPUR (Oct 12): A privately-owned Chinese construction firm announced yesterday it is open to participate in “federal projects that will benefit the people”, as it plans to invest up to RM10 billion in Malaysia over the next decade.
Mitrajaya Holdings Bhd (Oct 10, 39 sen) Maintain sell with an unchanged target price (TP) of 38 sen: Mitrajaya Holdings Bhd announced that has secured a RM99.
KUALA LUMPUR (Oct 10): Malaysia should focus on highlighting other productive Chinese investments in the country in assessing its bilateral economic relationship with China, said University Malaya Professor Dr Edmund Terence Gomez (pictured).
KUALA LUMPUR (Sept 29): Finance Minister Lim Guan Eng said he does not see how the East Coast Rail Link (ECRL) project can continue without the Selangor state government's objections being addressed.
BEIJING (Sept 24): The Chinese contractor of the controversial East Coast Rail Link (ECRL) is still hopeful of rescuing the project and has expressed its willingness to take up an equity stake in the ECRL if the project resumes, according to its management when met by Malaysian media in China on Saturday during a trip organised by the Chinese government.
PETALING JAYA (Sept 5): China Communications Construction Co Ltd (CCCC), the contractor of the suspended East Coast Rail Link, is confident that the project – which was called off last month – will be restarted thanks to bilateral talks between China and Malaysia, reported South China Morning Post.
PETALING JAYA (Aug 30): Tun Dr Mahathir Mohamad's objections to the RM410 billion Forest City is not shocking as he had been consistently criticising foreign investments that failed to benefit Malaysia and its citizens, said Foreign Minister Datuk Saifuddin Abdullah.
PETALING JAYA (Aug 29): Prime Minister Tun Dr Mahathir Mohamad's public vagueness over the fate of massive China-funded infrastructure projects in Malaysia is meant to help a beleaguered Beijing pummelled by criticisms over its Belt and Road Initiative save its face, reported the South China Morning Post (SCMP).
KUALA LUMPUR (Aug 29): Former prime minister Datuk Seri Najib Razak has today asked if the figure of RM10 billion being offered by some parties to build the controversial East Coast Rail Link (ECRL) realistic.