Finance minister: HSR can be 'so much cheaper'
PETALING JAYA (June 2): The Kuala Lumpur-Singapore high-speed rail (HSR) can be “so much cheaper”, said newly sworn-in Finance Minister Lim Guan Eng.
ECRL cost inflated, says finance minister
PETALING JAYA (June 2): The cost of the East Coast Rail Link (ECRL) – which is one of several mega projects being reviewed by the Pakatan Harapan government – has been inflated, said Finance Minister Lim Guan Eng.
FIC’s Kuching hotel may be sold at a loss
PETALING JAYA (June 2): A four-star hotel in Kuching, Sarawak, acquired by Felda Investment Corp Sdn Bhd (FIC) at an inflated price may have to be sold at a loss, reported The Edge weekly.
Exchange 106 required MoF fund injection, says finance minister
PETALING JAYA (June 2): The development of The Exchange 106 (formerly known as Signature Tower) in the Tun Razak Exchange (TRX) international financial district required financing from the Ministry of Finance (MoF), which was not reflective of the 49:51 shareholding structure of the project between the ministry – via its unit MKD Signature Sdn Bhd - and Indonesia’s Mulia Group.
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.
JB-Woodlands RTS to proceed albeit slight delay — MoT
KUALA LUMPUR (June 1): The Ministry of Transport has indicated the government intends to proceed with the four-km Rapid Transit System (RTS) that connects Johor Bharu and Woodlands in Singapore.
Singapore seeks clarification on HSR project
SINGAPORE (June 1): Singapore has requested the Malaysian government to clarify its position on the Kuala Lumpur-Singapore high-speed rail (HSR) project, Bernama reported Minister for Transport Khaw Boon Wan as saying.
Penang awaits federal govt decision on Penang Transport Master Plan
PETALING JAYA (June 1): The Penang government is waiting for the federal government to decide on whether to review the Penang Transport Master Plan (PTMP) project.
Kedah govt did not consider project as no deposit paid
PETALING JAYA (June 1): Prime Minister Tun Dr Mahathir Mohamad will not be officiating the RM30 billion Langkawi New City project announced yesterday by Ting Pek Khiing, reported Malaysiakini.
House in coastal village collapses, 27 escape unhurt
SANDAKAN (June 1): The family staying in a seven-room house in the coastal Sim Sim Water Village managed to escape unhurt when the house collapsed into the sea early today.
