The Business Times·3 min read·medium
RTS Link could cause S$290 million net increase in outflow annually for Singapore: study
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Elysia Tan✦AI Summary
A joint industry study indicates that the RTS Link will result in a S$290 million net increase in outbound spending from Singapore to Johor Bahru annually. The report suggests that while Singapore's retail sector faces pressure, there are growth opportunities in premium services and entertainment.
The city-state’s central region is seen to gain from JB visitors in high-end retail, entertainment and dining
businesseconomy
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