The Business Times
business-time-50

HSR construction delayed to May 2020; KL to reimburse Singapore S$15m

google-preferred-sourceAdd BT as a preferred source
Published Wed, Sep 5, 2018 · 09:50 PM

    Singapore

    SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project until May 31, 2020, with service on the advanced train line expected to begin by the start of 2031, instead of the original end-2026 commencement date.

    Singapore's Coordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan and Malaysia's Minister of Economic Affairs Mohamed Azmin Ali on Wednesday exchanged legal documents in Putrajaya to vary the HSR bilateral agreement based on the new understanding.

    TRENDING NOW

    BT visited nine Japan Home stores on Tuesday and found three shuttered and six closed for “stocktaking”.

    Japan Home closing outlets; staff say Valu$ taking over operations

    The Sentosa island resort’s gaming licence is due for renewal in the coming months. 

    Marina Bay Sands casino’s winning streak puts pressure on rival Resorts World Sentosa

    The deal for the sale of Scotts Square mall, just off Orchard Road, is said to be in the early stages of being worked out, at a price of about S$320 million.

    Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More