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PHirst Park Homes posts strong performance despite pandemic

The pandemic really caused a lot of havoc on the country’s property developers. Nevertheless, PHirst Park Homes (PPHI) remained strong and has achieved remarkable growth, launching 8 out of the 12 PPHI projects. One notable project, the family-centric PHirst Park Homes Batulao in Batangas, was unveiled in June 2020. “This… ....

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Singapore proposes green standards for power generation firms

Singapore proposes green standards for power generation firms
pinsentmasons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pinsentmasons.com Daily Mail and Mail on Sunday newspapers.

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Malaysia pays Singapore S$102.8m compensation in terminated HSR project


Malaysia pays Singapore S$102.8m compensation in terminated HSR project
Out-Law News | 01 Apr 2021 | 3:48 am |
1 min. read
Malaysia has paid over S$102.8 million ($76.3m) in compensation to Singapore for the terminated Kuala Lumpur-Singapore high speed rail (HSR) project.
The payment is to cover the costs Singapore incurred in the HSR project and for an extension of its initial two-year suspension, according to a joint statement by Singapore’s transport minister Ong Ye Kung and Malaysia’s minister in the prime minister’s department Mustapa Mohamed.
Benjamin Tay of Pinsent Masons MPillay, the Singapore joint law venture between MPillay and Pinsent Masons, the law firm behind Out-Law, said: “The termination payment received by Singapore would ordinarily be considered insufficient, being less than half of the actual costs incurred by Singapore, but in the context of the geo-political backdrop, it bodes well in that it leaves the door open for f ....

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Malaysia to build the largest solar power plant in south east Asia

Plans have been announced to build A RM1.4 billion ($350 million) solar power plant in Pengerang in the south east of Johor state, Malaysia, according to Johor Sultan Ibrahim Iskandar. ....

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