Daily Industry News Update (10 January 2021)

INDUSTRY NEWS (10 JANUARY 2021)

How will termination of HSR impact developments along the line?

It has been officially announced that the Kuala Lumpur-Singapore high-speed rail (HSR) is terminated. As a result, it seems to be bad news for property developments that hoped to ride on the “potential” of the mega project. There is of course still hope of a Malaysian effort only

Report: AssetsCo an insurmountable barrier to HSR

A “critical matter” which led to the scrapping of the Kuala Lumpur-Singapore high-speed rail (HSR) was the matter of the AssetsCo, The Edge Malaysia reported in the cover story of its latest issue. This entity is mean to be jointly controlled by Malaysia and Singapore. “This is

If only YTL allowed to build LRT link to S`pore

On Jan 1, Malaysian Prime Minister Tan Sri Muhyiddin Yassin and his Singapore counterpart Lee Hsien Loong announced in a joint statement that the Kuala Lumpur-Singapore High Speed Rail (HSR) project has been terminated , after both countries failed to reach agreement on

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