Gov no more money to build those mega infra projetc already due to oil price slump, income shrink. mrt3 is only after mrt2, dont even know can start work on year 2020 not.
LRT 3 route agreed!, LRT 3
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 Dec 16 2014, 01:59 PM
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Dec 16 2014, 03:51 PM
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QUOTE(Babizz @ Dec 16 2014, 02:34 PM) btw, mega infrastructure projects like the MRT n LRT are off balance sheet items (most of the time).. thing is mrt3 is not under budget.anyway gov't will do everything to complete these projects. they should scrap all the new highways n just build the LRT 3 n MRT2..  god bless |
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Dec 16 2014, 04:28 PM
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QUOTE(llika @ Dec 16 2014, 04:17 PM) ongoing project still got alot work to do, 2~3 more year to go , after gst those untax payer will help government rise more budget, and the car still in high price, mostly will hold higspeedtrain project first. you guy still think oil price will low forever??? low price crude oil of 50-60 in this 2 , 3 years will struggling the gov cash flow to carry on projects.stock price slump may make property follow in next year. Those without 3 - 5 years holding power sorry to say is finish |
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Dec 16 2014, 10:51 PM
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QUOTE(Brainy_Panda @ Dec 16 2014, 10:21 PM) Agree. Russia interest rate rose from 10% to 17% to curb further depreciating of rubles. Do u foresee if this will happen Msia soon? history tend to repeat if currency keep drop, oil price keep going low.This definitely oil crisis. Gov so quiet now. bank negara may take action next year. |
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