SUBSCRIBERS
KL, Singapore agree to defer High-Speed Rail project; both parties to discuss terms
Published Fri, Aug 24, 2018 · 09:50 PM
Kuala Lumpur
SINGAPORE and Malaysia have agreed to put the High-Speed Rail (HSR) on hold after ministers in charge met on Aug 23, with senior officials now tasked with negotiating terms of the deferment.
The Straits Times understands that Transport Minister Khaw Boon Wan communicated Singapore's agreement to the request for a deferment at the meeting in Kuala Lumpur with Malaysia's Economic Affairs Minister Azmin Ali.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
GLP says 2025 bond repayment sources identified
Volvo Cars April sales rise on strong EV demand
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed