Facebook invests US$1bil to build first Asian datacentre in Singapore
SINGAPORE (September 6): Facebook announced on Sept 5 a planned investment of more than US$1bil (RM4.
Malaysia's S$15m payment to Singapore in HSR deferment is for 'abortive costs'
PUTRAJAYA (Sept 6): The S$15 million that Malaysia has to pay Singapore for deferring the high-speed rail (HSR) is meant to settle "abortive costs" that will be incurred in wrapping up existing, contracted works that have been done in preparation for the RM110 billion project.
UPDATE: M'sia, S'pore agree to delay HSR to May 31, 2020, M'sia to pay RM45.1m
PETALING JAYA (Sept 5): Malaysia and Singapore have agreed to delay the Kuala Lumpur-Singapore High-Speed Rail (HSR) until May 31, 2020 , inking legal documents to amend the initial HSR Bilateral Agreement to that effect, reported The Malaysian Insight.
M'sia, S'pore to sign side letter to postpone HSR
PETALING JAYA (Sept 5): Malaysia's Economic Affairs Minister Datuk Seri Mohamad Azmin Ali and Singapore's Transport Minister Khaw Boon Wan will sign a side letter that amends the original Kuala Lumpur-Singapore High-Speed Rail (HSR) today, reported The Malaysian Insight.
Azmin: HSR on hold “indefinitely”, S'pore won't need compensation
PETALING JAYA (Sept 3): The Kuala Lumpur-Singapore High-Speed Rail (HSR) will be postponed indefinitely and Malaysia will not be required to pay Singapore compensation during the period, said Minister of Economic Affairs Datuk Seri Azmin Ali.
Report: Malaysia-Singapore HSR deferred for two years
KUALA LUMPUR (Sept 1): The Kuala Lumpur-Singapore high-speed rail (HSR) mega project will be deferred for two years without penalty to either nation, The Edge weekly reported in its Sept 3 issue.
Azmin: Closer to a win-win deal on HSR
PETALING JAYA (August 30): Datuk Seri Azmin Ali has met with Singapore Transport Minister Khaw Boon Wan today, to discuss the KL-Singapore High-Speed Rail (HSR) project.
Selangor Dredging shifts focus to Singapore with RM1.5b property launches
KUALA LUMPUR (Aug 30): Selangor Dredging Bhd will shift its focus to the Singapore property market due to an oversupply in the Malaysian residential real estate segment.
Mahathir's public vagueness over China-backed mega-projects a face-saving move for Beijing, said report
PETALING JAYA (Aug 29): Prime Minister Tun Dr Mahathir Mohamad's public vagueness over the fate of massive China-funded infrastructure projects in Malaysia is meant to help a beleaguered Beijing pummelled by criticisms over its Belt and Road Initiative save its face, reported the South China Morning Post (SCMP).
IOI Properties 4Q profit down 21.3% to RM264.99m
KUALA LUMPUR (Aug 28): IOI Properties Group Bhd’s fourth-quarter (4Q) net profit dropped 21.
