Leasing helicopters more transparent, avoids maintenance costs, says PM

KUALA LUMPUR: The leasing of helicopters is a more transparent process and avoids the financial burden of maintenance costs, says Datuk Seri Anwar Ibrahim. The Prime Minister said leasing also saw negotiations only held between governments without the need for any agents. “Leasing avoids the financial burden of maintenance which has been a big problem, costing billions...

Malaysia to lease 62 new passenger train sets from China, says Transport Minister

PUTRAJAYA: Train services and railway coverage in Malaysia are set for a facelift with the leasing of 62 new passenger train sets from China by 2027, says Transport Minister Anthony Loke. He said that the leasing is part of the first phase of a government-to-government (G2G) initiative and added that the estimated RM10.7bil cost will be...