Singapore

RTS Link Project Costs Rise by 29.9% to RM5.24 Billion: Auditor-General’s Report The estimated cost of the Rapid Transit System Link (RTS Link) infrastructure project has surged by 29.9%, reaching RM5.24 billion as of December 31, 2023. This increase, up from the original estimate of RM4.03 billion in January 2018, highlights several key factors driving the escalation in expenses. Reasons for Cost...

Singapore has become a hive of activity for mergers and acquisitions (M&A) this quarter, reflecting a return of investor confidence driven by the island nation's relative economic and political stability. Recent significant deals underscore Singapore's position as the focal point for transformative M&A activities in Southeast Asia. Recent M&A Activity in Singapore In the past few days...

The Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project is more than just a strategic initiative to reduce travel time between Kuala Lumpur and Singapore to an estimated 90 minutes. It represents a significant effort to boost regional connectivity and stimulate economic growth, positioning Malaysia as a vital part of the larger Pan-Asian Railway Network. The integration with the Pan-Asian HSR, a...

Malaysia has long been a popular destination for Singaporeans, thanks to its close proximity, delicious food, and the favorable exchange rate. However, recent trends show a growing number of Singaporeans considering Malaysia not just for short visits but as a retirement destination. According to a survey by Blackbox Research and Qualtrics, up to one in three Singaporeans is now contemplating retirement in...

The Rapid Transit System (RTS) Link between Johor Bahru and Singapore is poised to revolutionize connectivity and transportation in the region. This ambitious initiative promises numerous benefits, ranging from reduced congestion and improved safety to job creation and environmental sustainability. Here’s an in-depth look at the key benefits of the RTS Link and its historical context. Historical...

Embark on a digital transformation journey as Malaysia introduces a QR code system for immigration clearance at the bustling Sultan Iskandar Building (BSI) and Sultan Abu Bakar Complex (KSAB) in Johor. Deputy Prime Minister Datuk Seri Fadillah Yusof unveiled the launch of the proof-of-concept phase, focusing initially on Malaysians traveling to Singapore by bus and motorcyclists utilizing the MBike...

Malaysia Property Investment: A Golden Opportunity Amid Strengthening Malaysia-Singapore Ties As Singapore's new Prime Minister Lawrence Wong takes office, a significant opportunity arises for property investors in Malaysia, particularly in Kuala Lumpur (KL). The evolving economic collaboration between Malaysia and Singapore not only promises to elevate the economic landscape of both nations but also...

Johor: The New Frontier for Property Investors Eyeing the Singapore Economic Sphere The burgeoning economic relations between Malaysia and Singapore are setting the stage for a real estate boom in Johor. Positioned as the next commercial nexus, this southern state is not just a geographical extension of Singapore but is rapidly becoming an economic extension as well, courtesy of the new special economic...

At the inaugural Malaysia Travel Escapade 2024, held at Suntec City Mall from April 12 to 14, the rich and enticing aromas of traditional Malaysian breakfast dishes like nasi lemak, roti canai, and chicken bak kut teh captivated visitors, highlighting Malaysia’s vibrant culinary heritage. The event, a celebration of Malaysian culture, strategically placed Malaysian breakfast culture at its heart,...

The Kuala Lumpur-Singapore High-Speed Rail (HSR) project has been a beacon of modern transportation dreams and a litmus test for regional cooperation. Initially tagged at a staggering RM120 billion, the project faced skepticism regarding its financial viability and the private sector's capacity to fund such an ambitious undertaking. Yet, recent developments have seen the estimated costs plummet by over 40%...