"PETALING JAYA, April 23, 2008 (The Star): The proposed Kuala Lumpur-Singapore multi-billion ringgit bullet train project has been put on hold due to the high cost."
The effect of the election tsunami has started. Time to start tightening our belts for a slowdown in the economy is becoming more certain. What is unfortunate is that we have not learned from our great development period in the 1990s. To develop this country, the public sector must lead and if any private sector has a good idea, it must be given the necessary support to ensure the best likelihood of success.
Now that the public sector has decided to follow the "wishes" of the general public of "reducing" grand development plans, we will all suffer the financial consequences.
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