Talks on to schedule Mahathir's China trip
KUALA LUMPUR • Officials from Malaysia and China are in talks for Prime Minister Mahathir Mohamad to visit Beijing soon, two sources told Reuters, after Kuala Lumpur suspended China-backed projects worth more than US$20 billion (S$27 billion).
Tun Dr Mahathir's trip to Beijing has been provisionally agreed for mid-August, according to one source involved in planning it. A Malaysian Foreign Ministry source said both sides had yet to finalise dates, but Dr Mahathir was "looking forward to visiting China".
China pledges further BRI aid to Sri Lanka
COLOMBO • China vowed yesterday to keep providing financial help, including loans, to Sri Lanka under its Belt and Road Initiative infrastructure plan despite warnings about the island nation's debt mountain.
Sri Lanka last year granted Beijing a 99-year lease on a new port on one of the world's busiest shipping routes after being unable to afford to repay Chinese loans for the US$1.4 billion (S$1.9 billion) project.
Illegal fees: Aceh governor arrested
JAKARTA • Indonesia has arrested the governor of Aceh province over accusations that he took illegal fees for projects funded from more than US$500 million (S$682 million) of state funds.
Irawandi Yusuf had been named a suspect, along with two businessmen and another official.