What are the consequences of the HSR project's derailment?

-A +A

SINGAPORE (June 1): When Tun Dr Mahathir Mohamad took on the office of prime minister of Malaysia for the second time last month, he was widely expected to review the many mega projects that his predecessor Datuk Seri Najib Razak had agreed to.

The Kuala Lumpur-Singapore high-speed rail (HSR), a 350km rail link between the two cities, was one of them.

Even so, Dr Mahathir’s announcement this past week that Malaysia intends to pull out of the project has surprised many... (Click here to read the full story)