hp for ($i=0; $i]+>!is", "", $news['Contains'][$i]['Body']); ?>

Malaysia to scrap Kuala Lumpur - Singapore high-speed project

Malaysia to scrap Kuala Lumpur - Singapore high-speed project

Malaysia to scrap Kuala Lumpur - Singapore high-speed project

If Mahathir was quoted correctly by the Financial Times regarding his view on Singapore, he would be well advised not to rile up the Singapore government with such unfriendly talks without any apparent provocation.

It is going to cost a huge sum of money.

When Pakatan Harapan swept to power in the 14th General Elections on May 9, it announced that it would review mega projects initiated by the previous administration to save the country billions of ringgit. "We'll make no money at all from this arrangement".

Dr Mahathir had previously said there were high financial penalties to be incurred for withdrawing from the project and that Malaysia would seek to establish how to reduce those costs.

Malaysia is dropping a plan for a high-speed rail link between Kuala Lumpur and Singapore, and will talk with its southern neighbour about the agreement to build it, Malaysia's prime minister said in an interview published on Monday (May 28).

Dr Mahathir's bold remark comes amid widespread speculation that his recent victory at the polls may have a dampening effect on relations between Malaysia in Singapore.

The Land Transport Authority called for tenders for the design and construction of tunnels and associated facilities for Singapore's end of the HSR last month, with construction expected to start next year.

Teacher suspended over 'relationship' with boy, 17, is shot dead in driveway
A family member said DelTondo was returning home from getting ice cream with a friend and was shot as she got out of the vehicle . According to the report , DelTondo and the 17-year-old were found in a parked auto near the Aliquippa hospital around 2 a.m.

Researchers uncover Anne Frank's 'dirty jokes'
Along with seven other Jews, she hid for more than two years in the back-house, or annex, of her father's office building. Researchers have found two hidden pages in Anne Frank's diary that contained dirty jokes and "sexual matters".

Garcia determined to help Marseille win 2nd European trophy
He's also taken the club to two Champions League finals and a Europa League victory would be another milestone for the Argentine. Marseille remain the only French side to win the Champions League , back in 1993, when they stunned AC Milan 1-0 in the final.

"We are not likely to (continue with the investigation)", said Fuzi.

Dr Walter Theseira, senior lecturer at the Singapore University of Social Sciences, said it would be a "great missed opportunity" for both countries if plans for the HSR were to fall through, as the project would have strengthened both Singapore's and Kuala Lumpur's positions as regional business hubs. A year on, the project has failed to attract any buyers.

The project was planned to stretch 688km, connecting the South China Sea at the Thai border in the east with the shipping routes of the Strait of Malacca in the west.

"We are renegotiating the terms", Dr Mahathir said.

He estimates that Malaysia could cut nearly a fifth of its $250 billion national debt and liabilities by scrapping such big projects.

When questioned about the compensation that needed to be paid, he said he "supposed" it would be RM500mil.

Related news