‘Infrastructure projects will provide buffer for economic slowdown’
KUALA LUMPUR (Feb 25): With Malaysia’s economic growth seen to moderate going into 2019, coupled with talks of a potential global recession, pump-priming could be one of the ways to support economic growth.
Cancelled or postponed infrastructure projects due to budget constraints
The MRT Circle line (Line 3), The East Coast Rail Link (ECRL), Trans Sabah Gas Pipeline (TSGP), KL-Singapore High Speed Rail and the Sistem Kawalan Imigresen Nasional (SKIN).
Vertice sells fashion retail business to founder for RM32.6m
KUALA LUMPUR (Dec 14): Vertice Bhd is planning to divest a 60% equity interest in its fashion retail business to its founder and executive deputy chairman Seow Khim Soon for RM32.
Balakong by-election: Pakatan Harapan candidate wants to fix infrastructure
KUALA LUMPUR (Aug 19): By-election fever is in the air again.
Dr Mahathir aims to scrap China deals — report
KUALA LUMPUR (Aug 14): Malaysia is looking to cancel multibillion-dollar Chinese-backed infrastructure projects signed by the previous scandal-tainted government as it digs itself out of debt, Prime Minister Tun Dr Mahathir Mohamad told The Associated Press (AP) in an interview.
Sabah to have committee to monitor construction of Pan Borneo Highway
KUALA LUMPUR (July 11): Sabah’s Infrastructure Development Ministry will form a committee to replace appointed consultants to monitor the building of the Pan Borneo Highway project in the state.
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.
M'sian govt must 'pay price' for axing infra project deals, says China daily
PETALING JAYA (June 1): The Malaysian government must pay compensation if it decides to cancel its infrastructure projects involving Chinese funding and contractors, warned Chinese daily Global Times.
