Read more at https://www.channelnewsasia.com/news/asia/high-speed-rail-postponed-malaysia-singapore-agreement-10686032
(Updated: )
Ricky Lim
The exchange of documents was witnessed by Singapore Deputy Prime Minister Teo Chee Hean, his Malaysian counterpart Wan Azizah Wan Ismail and Malaysian Prime Minister Mahathir Mohamad.
Malaysia will also have to pay abortive costs amounting to about S$15 million before the end of January 2019 for suspending the project.
"We have all worked tirelessly in order to bring about a resolution that is mutually beneficial," said Mr Azmin after the signing ceremony.
--
We take note that Malaysia will pay for the abortive costs amounting to about S$15 million before the end of January 2019 for suspending the project - and Singapore has not incurred any loss.
So is a win-win outcome. And we should be happy about it.
Malaysia will also have to pay abortive costs amounting to about S$15 million before the end of January 2019 for suspending the project.
"We have all worked tirelessly in order to bring about a resolution that is mutually beneficial," said Mr Azmin after the signing ceremony.
--
We take note that Malaysia will pay for the abortive costs amounting to about S$15 million before the end of January 2019 for suspending the project - and Singapore has not incurred any loss.
So is a win-win outcome. And we should be happy about it.
Like · Reply · 1m
Kevin Yang
the cow is malaysian right? kaki lang must help kaki lang lah
Ricky Lim
Minister Khaw must be holding a Singapore citizenship.
Else he cannot be a Minister for Singapore.
Else he cannot be a Minister for Singapore.
Like · Reply · 1m
Pan Wei Ming
This is a good outcome for both countries in the broader scheme of things with Singapore accepting a token for the postponement while Malaysia gets more time to sort out their finances. It sets the right tone for many years and generations of cooperation between the 2 countries tied by kinship against bigger, mighter competitors in the region.
Ricky Lim
The compensation is not a token - but the actual cost incurred that are not recoverable as a result of the postponement.
No comments:
Post a Comment