News about Pakatan Harapan

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.

  KUALA LUMPUR (June 1): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) accepts the Pakatan Harapan government’s decision to cancel the MRT Line 3 project, but hopes it will be revived once the country’s finances improve.

KUALA LUMPUR (May 31): Shares in IJM Corp Bhd fell as much as 10.

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.

PETALING JAYA (May 30): The Sabah portion of the Pan Borneo Highway, which is estimated to cost the federal government RM12.

PETALING JAYA (May 28): Investors of the Tun Razak Exchange (TRX) financial district in Kuala Lumpur are seeking clarity on the status of its development as it comes under review by the new Pakatan Harapan (PH) government, reported The Star.

KUALA LUMPUR (May 23): The new Pakatan Harapan-led government would decide "very soon" on whether to continue with the Singapore-Kuala Lumpur high-speed rail project, Prime Minister Tun Dr Mahathir Mohamad said today.

KUALA LUMPUR (May 23): The negative sentiments surrounding the impending review of billion ringgit worth of mega-infrastructure projects, some of which are at risk of being scrapped, is expected to bog down the construction sector during the first 100 days of the new Pakatan Harapan-led government’s reform agenda, according to CIMB Investment Bank Bhd Research.

KUALA LUMPUR (May 22): The new Pakatan Harapan government will review mega projects which have been approved by the previous Barisan Nasional administration, said newly-minted economic affairs minister, Datuk Seri Mohamed Azmin Ali today.

PUTRAJAYA (May 22): The Housing and Local Government (KPKT) ministry is mulling a proposal to synchronise existing public affordable housing schemes — including PR1MA — under one programme to avoid overlaps, said its newly sworn-in minister Zuraida Kamaruddin.