
Pahang Regent welcomes review on ECRL cost
The project will enhance economic and industrial growth in the states involved, Tengku Abdullah adds.

The project will enhance economic and industrial growth in the states involved, Tengku Abdullah adds.

ULASAN | China Communications Construction Company sudah pun hantar pulang tenaga kerja separa profesional dan profesionalnya.

A Chinese loan for the first phase has sent Montenegro’s debt soaring.

Ongoing works at the site just regular checks to ensure the integrity of existing works, clarifies project owner.

They are 'very positive' about bilateral relations and will be investing a lot in M'sia.

LETTER | I also laud the government in seriously looking at reducing the massive cost of the project.

The announcement was made in a filing in the Hong Kong bourse.

The Edge reports Daim may use Robert Kuok's connections in China to oil the process.

The suspension of all three projects was made on PM's instruction, says finance minister.

Any decision taken in relation to the ECRL will not affect Malaysia-China trade and investment relations, says minister.

The project's main contractor is also wary of incurring losses due to the suspension.

Letter from project owner to CCCC reportedly cites grounds of national interest as a reason.

MP SPEAKS | It must be reduced significantly to make it viable financially.

Group also states that it is yet to get any ECRL contract, but would like to be part of the project.

He says he had no knowledge T7 is an ECRL contractor when he bought the shares.

PM says he was alright with the idea to build the railway but the cost should be reduced.

UPDATED 8.12PM | Dr M says the terms negotiated by the previous gov't were unfavourable to M'sia.

UPDATED 1.10PM | Guan Eng says gov't has little choice but to maintain the project, since billions already paid out.

Bersatu’s Rais Hussin says China should recognise that contracts like ECRL and SSER are 'unjust'.

UPDATED 9PM | Envoy dismisses review of the massive rail project by the new government as a non-issue.

Finance minister believes the two are willing to help as they understand M'sia's debt predicament.

COMMENT | Pacta sunt servanda is sacrosanct only when contracts are fair and just.

A QUESTION OF BUSINESS | Potential 1MDB losses could be at least RM60b.

The cargo volume using a ship is way higher than using the railway, says a research analyst.