ECRL may be deferred or terminated, says PM
PUTRAJAYA (June 6): The government may defer or terminate the RM55 billion East Coast Rail Link (ECRL) which is still being studied, said Prime Minister Tun Dr Mahathir Mohamad.
PM: Govt to review bank loan terms for first-time homebuyers
KUALA LUMPUR (June 6): There will be a new mechanism to facilitate the bank loan application process for young Malaysians purchasing their first properties, Prime Minister Tun Dr Mahathir Mohamad said today.
'Not the first time we have done such a transaction' — ex-governor Muhammad Ibrahim
KUALA LUMPUR (June 6): Former governor of Bank Negara Malaysia (BNM) Tan Sri Muhammad Ibrahim, whose resignation Prime Minister Tun Dr Mahathir Mohamad today confirmed he has accepted, said the purchase of Lot 41 land was not the first time the central bank has done such a transaction.
Tun M: No successor yet for BNM governor's role
PUTRAJAYA (June 6): The government today confirmed it has accepted Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim's resignation and is yet to decide his successor.
BNM governor Muhammad Ibrahim expected to resign
KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim is expected to resign and former BNM deputy governor Datuk Nor Shamsiah Mohd Yunus is a likely replacement, according to sources.
PM Mahathir: Malaysia reviews mega projects 'according to contract'
PETALING JAYA (June 1): Malaysia Prime Minister Tun Dr Mahathir Mohamad said the government will respect the terms of contracts inked by the previous administration in relation to mega projects in the country.
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”.
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.
