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Search Result for “Malaysia transport”

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BUSINESS

Ride-hailing firm Gojek to start pilot run in Malaysia in Jan

Reuters, Published on 05/11/2019

» KUALA LUMPUR: Malaysia will allow ride-hailing firms such as Indonesia's Gojek to start operations on a limited scale from January 2020, Malaysia's transport minister said on Tuesday.

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BUSINESS

Baht down ahead of policy decision

Reuters, Published on 25/01/2023

» Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.

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BUSINESS

Malaysia accepts 14% cost increase in China-led rail project

Reuters, Published on 05/04/2021

» KUALA LUMPUR: Malaysia said on Monday that it had accepted an increase of nearly 14% in the estimated construction cost for the proposed East Coast Rail Link (ECRL), part of China's Belt and Road Initiative, as the length of the route would be slightly longer.

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BUSINESS

Malaysia seeks to reroute $10.6bn China rail project

Reuters, Published on 08/09/2020

» KUALA LUMPUR: Malaysia's government on Tuesday said it will seek to reroute a $10.6 billion rail project being built across the peninsula under China's "Belt and Road" trade initiative, and as a result will reassess the cost and schedule with the Chinese contractor.

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BUSINESS

Malaysia, Singapore defer high-speed rail project until year-end

Reuters, Published on 31/05/2020

» KUALA LUMPUR: Malaysia said on Sunday it had agreed with neighbouring Singapore to suspend until Dec 31 a project for a high-speed rail link between the capital, Kuala Lumpur, and the city-state, to allow discussion of changes.

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BUSINESS

Malaysia to develop B14.7bn oil storage, ship refuelling site

Reuters, Published on 13/08/2019

» KUALA LUMPUR: Malaysia on Tuesday said the Johor Port Authority was working to develop a 2 billion ringgit (14.7 billion baht) oil storage and ship refuelling site in the country's south.

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BUSINESS

Regime’s slow investment spending could drag on growth

Reuters, Published on 14/05/2018

» Erratic delivery of public investment has left Thailand plodding behind faster-growing Southeast Asian economies, yet regulations introduced by the military-led government have made it even harder for state agencies to spend this year.