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.

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KL car clamping to resume tomorrow

PETALING JAYA (May 30): Kuala Lumpur City Hall (DBKL) will resume clamping cars that are parked haphazardly in critical parts of the city, a mere two days after it was announced that the enforcement practice will be suspended.

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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.

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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.

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UN-Habitat and Think City join hands to enrich cities in Malaysia and the world

PETALING JAYA (May 28): UN-Habitat has recently signed a Memorandum of Understanding (MoU) in London with Think City for a strategic partnership to advocate and promote the New Urban Agenda (NUA) and the United Nation’s Sustainable Development Goals (SDG), specifically SDG 11, which aims to make cities and human settlements inclusive, safe, resilient and sustainable.

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