BUSINESSSCMP CHINA
New Johor rail link: a US$815m challenge for Singapore’s retail and F&B
A new cross-border rail link between Singapore and Malaysia's Johor state is projected to result in Singapore consumers spending an additional S$1.05 billion (US$815 million) annually in Johor. The study, conducted by the Singapore Business Federation, Restaurant Association of Singapore, and Singapore Retailers Association, highlights concerns among local businesses about revenue losses to Malaysia.
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