Malaysia PM Mahathir says to negotiate deferment of high-speed rail link with Singapore
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[KUALA LUMPUR] Malaysia will look to negotiate the deferment of a high-speed rail project with Singapore, Prime Minister Mahathir Mohamad said on Thursday (July 19).
Mahathir said previously he would cancel the rail link between Kuala Lumpur and Singapore, and would talk with Malaysia's southern neighbour about any compensation that has to be paid.
"The problem is that if we just unilaterally discard the agreement, we have to pay a very high compensation," Mr Mahathir told reporters in parliament on Thursday, adding that given Malaysia's financial situation, the project has to be deferred.
THE STRAITS TIMES
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?