HONG KONG (Aug 30): The high-speed rail link between Kuala Lumpur and Singapore would be deferred for 2 years rather than canceled, South China Morning Post reports, citing unidentified people close to Malaysian Prime Minister Mahathir Mohamad.
* Malaysian Economic Affairs Minister Azmin Ali will be in Singapore Thursday and Friday for final talks before signing agreement on deferring the project: report
* Malaysia faces a “hefty” reimbursement fee if it terminates the deal with Singapore: report