HSR demise could hit Jurong property prices, say reports
KUALA LUMPUR (May 29): The scrapping of the Kuala Lumpur-Singapore high-speed rail (HSR) project is already causing some concerns in Singapore, more so in the Jurong area.
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.
Govt to find ways to lower payment to S'pore for dropping HSR
PETALING JAYA (May 26): The government will find out how it can reduce the amount of money it has to pay to Singapore if it needs to drop the Kuala Lumpur-Singapore high-speed rail (HSR) project, said Prime Minister Tun Dr Mahathir Mohamad.
Review of megaprojects may be 'blessing in disguise'
KUALA LUMPUR (May 14): While markets are nervous that the new ruling coalition Pakatan Harapan’s pledge to review megaprojects may negatively impact the construction sector, some see the plan as a chance for greater inclusion of local players.
KL-Singapore HSR works to start by year-end, says MyHSR Corp
KUALA LUMPUR (May 3): “Advanced work” on the Kuala Lumpur-Singapore high speed rail (HSR) is slated to begin by the end of this year following the letters of award for the project delivery partners (PDPs) yesterday, according to MyHSR Corp Sdn Bhd.
MRCB-Gamuda, YTL-TH Properties get LoA for HSR
KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.
ECRL, HSR will not destroy local airlines
KUALA LUMPUR (April 24): Mega rail projects in the country is not a threat to the local airline sector.
KL-Singapore HSR AssetCo tender extended from June to December
KUALA LUMPUR (April 19): The deadline for submission of bids for the Asset Company (AssetCo) tender for the Kuala Lumpur to Singapore High Speed Rail (KL-Singapore HSR) called by MyHSR Corp Sdn Bhd and SG HSR Pte Ltd, has been extended from June 29 to Dec 28, 2018.
AIIB considering financing KL-Singapore HSR
KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.
