News about UN

KUALA LUMPUR (June 1): UEM Sunrise Bhd, which had in January engaged London-based Atkins as the master planner for Gerbang Nusajaya’s transit-oriented development (TOD) plot, will reconsider its plan following the government’s decision to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) project.

UPDATE: May 31, 11.

PETALING JAYA (May 31): The cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project will only have a light impact on Iskandar Puteri’s property market in the medium part, as it is only a positive point to upcoming projects in the region.

KUALA LUMPUR (May 31): Singaporeans are continuing to study the potential fallout from Malaysia’s scrapping of the Kuala Lumpur-Singapore high-speed rail.

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KUALA LUMPUR (May 31): Ahmad Zaki Resources Bhd's (AZRB) net profit rose 49.

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.

KUALA LUMPUR (May 31): The RM40 billion third mass rapid transit project (MRT3) is “dead in its track” and the downturn in rail contracts has been set in motion, with up to RM100.

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.

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”.