Business

Parliament: S’pore Could Not Accept Malaysia’s Proposal To Remove Asset Company From HSR Project, Says Ong Ye Kung, Politics News & Top Stories

[ad_1] SINGAPORE – Singapore was unable to accept Malaysia’s proposal to remove the systems provider and network operator from the high-speed rail (HSR) project as it constituted a “fundamental departure” from the original agreement, the Transport Minister said, Ong Ye Kung. This “particularly significant change” to eliminate the Assets Company …

Read More »

The company’s disposal of assets is the ‘main concern’ that led to the termination of HSR, the project has cost Singapore more than S $ 270 million: Ong Ye Kung

[ad_1] SINGAPORE: The “main concern” that led to the completion of the Kuala Lumpur-Singapore high-speed rail (HSR) project was Malaysia’s suggestion that the asset company that was to manage the project withdraw, said the minister of Ong Ye Kung Transportation on Monday (January 4). Speaking at the year’s first session …

Read More »