News about ra

KUALA LUMPUR (June 2): There are some in Malaysia who feel that the halting of the Kuala Lumpur-Singapore high-speed rail (HSR) mega project should have been made only after the Cabinet had decided on the matter.

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.

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.

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.

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.

KUALA LUMPUR (June 1): Tropicana Corp Bhd's independent and non-executive chairman Tan Sri Othman Abd Razak has resigned from his position after a little less than 10 months on the job, citing personal commitment.

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.

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.

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.