Fiery crash at Cairo train station kills 20

World Feb 27, 2019

Fiery crash at Cairo train station kills 20

A hurtling train crashed, derailed and caught fire at Cairo's main station on Wednesday, killing at least 20 people in the latest disaster to strike Egypt's rundown railways. The country's transportation minister resigned hours after the accident. A train engine appeared to have slammed into the ...

Malaysia scraps multibillion dollar China-backed rail project

Business Jan 27, 2019

Malaysia scraps multibillion dollar China-backed rail project

A multibillion dollar China-backed rail project in Malaysia has been scrapped, government officials said Saturday, adding that the cost of building it was too high. Malaysia has in recent months suspended several major projects signed under the country's previous scandal-plagued regime, in a bid to ...

Malaysia, Singapore agree to postpone rail project for two years: report

Business Sep 3, 2018

Malaysia, Singapore agree to postpone rail project for two years: report

Malaysia has agreed with Singapore to postpone the development of a high-speed rail service by two years, Malaysian media reported, as Southeast Asia's third-largest economy looks to review mega-projects to cut its massive debt. Malaysian business weekly The Edge on Saturday cited sources confirming both ...