Malaysian PM Mahathir Mohamad

Malaysia, Singapore vow to reach friendly end to water spat

(Apr 9): The leaders of neighbouring Singapore and Malaysia agreed Tuesday to amicably resolve a long-running dispute over water that has stoked tensions for decades.

In a joint press briefing, Malaysian Prime Minister Mahathir Mohamad and Singaporean counterpart Lee Hsien Loong said they are open to resolving a disagreement over water prices through arbitration. They also planned to proceed with delimiting the maritime boundary and resolving issues over airspace and a suspended high-speed rail project.

Malaysia nears deal with China to revive ECRL project

(Feb 19): Malaysia is making progress in talks with China to revive a high-speed rail project that Prime Minister Tun Dr Mahathir Mohamad’s government said it would cancel, according to Foreign Minister Datuk Saifuddin Abdullah.

China is willing to reduce the US$20 billion price tag for the East Coast Rail Link project and talks are “in the last mile,” Saifuddin said in an interview Tuesday at his office near Kuala Lumpur. Discussions have been led by Tun Daim Zainuddin, an adviser to Dr Mahathir, with the aim of reaching a smaller project size and cost, he said.

Zuraida: One million homes possible, not a populist promise

KUALA LUMPUR (Feb 20): The government’s goal of building one million affordable and low-cost houses within 10 years is a realistic plan and not just a populist promise, said Housing and Local Government Minister Zuraida Kamaruddin.

She said the Pakatan Harapan government was committed to realising the target, something that the previous government had failed to implement.

Malaysia would be lucky if able to recoup half of 1MDB funds: Lim Guan Eng

(Sept 13): Malaysia is paring expectations for how much funds it can recoup from 1MDB, with Finance Minister Lim Guan Eng saying the country would be “very lucky” to get back just half.

“We want to get as much as we can but the reality is you can’t get the actual amount,” Lim said to reporters in Hong Kong, adding that the government can “realistically” recover 30%.

Malaysia now says foreigners allowed to purchase Forest City properties but cannot guarantee residency

SINGAPORE (Sept 5): Inaccurate information about the Forest City project in Malaysian media reports have caused a misunderstanding among parties, according to Johor Menteri Besar Datuk Osman Sapian.

The misunderstanding came about when media report that Prime Minister Mahathir Mohamad on Aug 27 declared that foreigners were not welcome to live in the Forest City real estate project.

See: Mahathir says US$100 bil Forest City Project in JB off limits to foreigners

Mahathir says US$100 bil Forest City Project in JB off limits to foreigners

(Aug 27): Malaysian Prime Minister Mahathir Mohamad on Monday declared that foreigners will not be granted visas to live in the giant Forest City real estate project on the country’s southern tip, a major threat to the marketing strategy for the development.

China-backed ECRL project, pipeline projects cancelled for now: Dr M

(Aug 21): Malaysian Prime Minister Mahathir Mohamad said on Tuesday that the Chinese-funded US$20 billion ($27.4 billion) East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports.

Mahathir made the comments while addressing the media in Beijing during his five-day trip to China. He said the projects would be cancelled until such time as Malaysia can afford it.

The Prime Minister’s office confirmed the comments Mahathir made to reporters in Beijing.

Khazanah Nasional's entire board of directors resigns

SINGAPORE (July 26): Malaysia’s strategic investment fund, Khazanah Nasional Berhad, saw a major shake-up this morning, after all nine of its board members tendered their resignation, including managing director Tan Sri Azman Mokhtar.

The other board members are Datuk Seri Nazir Razak, Tan Sri Md Nor Md Yusof, Tan Sri Mohamed Azman Yahya, Datuk Mohammed Azlan Hashim, Tan Sri Andrew Sheng Len Tao, Tan Sri Raja Arshad Raja Uda, Datuk Nirmala Menon, and Yeo Kar Peng.

Malaysia to lead delegation to Singapore to discuss fate of HSR project

SINGAPORE (July 18): Malaysia will soon have a discussion with Singapore regarding the high-speed rail (HSR) project, according to Malaysia’s Economic Affairs Minister Mohamed Azmin Ali.

Azmin will be leading a delegation to Singapore for the discussion with Transport Minister Khaw Boon Wan and to safeguard the diplomatic relationship between both countries by the end of the month.

According to examinations by Malaysia’s Attorney General’s Chambers (AGC) on the bilateral agreement for the HSR, there are clauses that will allow either country to opt out of the project.

Singapore knows Malaysia's KL-SG HSR plans: Mahathir

SINGAPORE (July 10): Prime Minister Mahathir Mohamad says Malaysia has not given Singapore a full notice on the planned Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR), as this decision requires the government to be mindful of the country’s resources.

“As far as the Singapore government is concerned, we have not given them a full notice yet, but they know what we want to do. Decisions are not so easy to make. When we make a decision and announce it, the market reacts negatively.

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