Thursday 28 Mar 2024
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EVENING 5: MoF to raise up for RM50bil for MRT3

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. MoF commits up to RM50 billion in financing for MRT3, which is estimated to cost RM31 billion excluding land acquisition costs.

2. MRT Corp says the construction cost of the MRT3 Circle Line — which should be fully operational in 2030 — is similar to that of MRT2.

3. Some developers expect housing prices to rise as they brace for an average 19% jump in construction costs this year.

4. An FBI agent tells a US court that Jho Low stole US$1.42 billion while Datuk Seri Najib Razak received US$756 million of 1MDB-linked money.

5. VTL travellers from Singapore, Thailand and Cambodia won’t need to wait for their Covid-19 test results before continuing on their journey.

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