SINGAPORE (Aug 6): “We are slow.” - Nicholas Lee, CEO of one-time cashless payment system market leader EZ-Link.

Here are 5 things you need to know this week:

1 Malaysia has yet to propose a meeting date with Singapore to discuss the high-speed rail (HSR) joint project, confirmed Singapore’s Ministry of Transport (MOT) on Aug 1. This comes even as the Singapore government has gone ahead with plans to acquire the land for the project, currently occupied by Raffles Country Club.

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