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WHEN Tun Dr Mahathir Mohamad led the opposition to a stunning election victory, he had an effective rallying cry that reflected why Umno’s form of governance was problematic: “Cash is king!” If Dr Mahathir is not careful, worrying recent trends indicate a similarly disconcerting problem about Pakatan Harapan’s government: “Patronage is king!”
INCREASINGLY, it looks quite certain that the highly contentious East Coast Rail Link (ECRL) project is set to resume.
KUALA LUMPUR: Malaysia is seeking a new contractor to build the East Coast Railway Link (ECRL), after terminating the original contract awarded to China Communications Construction Company (CCCC) on Tuesday (Jan 22), a source told The Straits Times.
IRONICALLY, the decision to place the “on-off-on and now uncertain” East Coast Rail Link (ECRL) project in the hands of the governments of Malaysia and China comes just ahead of the start of the trial of former Prime Minister Datuk Seri Najib Tun Razak.
KUALA LUMPUR (Bloomberg): 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.
GENERALLY, Finance Ministers are meticulous in their messaging. This is because what they say – even in passing – is taken seriously. It has been proven time and again – both locally and overseas.
PETALING JAYA: What Tun Daim Zainuddin (pic) has to say about the stock market certainly perks up the ears of investors, traders and regulators, and he is now suggesting a combination of short-term and medium-term measures that can lift the interest and vibrancy of Malaysia’s capital markets.