mega projects
Kuala Lumpur-Singapore high-speed railway postponed for two years
Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The...
Malaysian taxpayers paid over $1.7 billion for 1MDB debt so far
Malaysia’s finance ministry has used a total of 6.98 billion ringgit ($1.76 billion) in tax money since April 2017 to pay back accumulated debt of state...
Saudi Arabia has the most mega projects
More than $1.4 trillion worth of mega projects are currently under execution in the Middle East and North Africa, according to a new report...
China to fund Malacca-Indonesia bridge
China's state-owned Export-Import (Exim) Bank has proposed to fund most of the planned 50 kilometer-long bridge from Malacca in Malaysia to Dumai in Indonesia...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...