Kuala Lumpur-Singapore High Speed Rail to be deferred for 2 years : SCMP

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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