The Business Times·3 min read·medium
RTS Link could lead to S$290 million net increase in outbound spend from Singapore annually: study
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Elysia Tan✦AI Summary
This article reports on a study commissioned by Singaporean business associations regarding the economic impact of the new RTS Link. It highlights a projected S$290 million net outflow in consumer spending, noting that Singaporean businesses must adapt to increased competition from Johor Bahru.
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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