PM: HSR merely postponed, not scrapped
PETALING JAYA (June 12): In what appears to be a softening of his stance, Prime Minister Tun Dr Mahathir Mohamad has said the Kuala Lumpur-Singapore high-speed rail (HSR) is postponed, and not axed entirely.
Project not funded with my money, Sarawak tycoon says
KUCHING (June 8) — Tan Sri Ting Pek Khiing (pictured), who was declared bankrupt since 1991, has claimed that the RM30 billion Langkawi New City project would not be funded from his own pockets, but by foreign investors.
Warrant of arrest out for Ting Pek Khiing
KUALA LUMPUR (June 8): An arrest warrant has been issued by the Kuala Lumpur High Court on bankrupt businessman Tan Sri Ting Pek Khiing (pictured), who had last week surprised the nation with news that he will be undertaking a RM30 billion project in Langkawi, for failing to appear in court yesterday for his public enquiry hearing.
Berjaya Group wants to build airport in Tioman
KUALA LUMPUR (June 7): Berjaya Group has plans to build a new airport in Pulau Tioman.
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.
Affordable housing with 1Malaysia tag to be rebranded
PUTRAJAYA (June 4): About 11 affordable housing agencies bearing the 1Malaysia tag will be rebranded, said Housing and Local Government Minister Zuraida Kamaruddin (pictured).
Ting to resubmit Langkawi New City proposal
PETALING JAYA (June 1): Sarawakian tycoon Tan Sri Ting Pek Khiing will submit a fresh proposal for the RM30 billion Langkawi New City project to the Kedah state government, reported Bernama.
