Malaysia, Singapore to focus on investment, innovation to drive economic recovery

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ISKANDAR PUTERI, August 11 — Malaysia and Singapore have agreed to focus on enhancing investments and innovation to drive economic recovery post-pandemic. This would further...

ISKANDAR PUTERI, August 11 — Malaysia and Singapore have agreed to focus on enhancing investments and innovation to drive economic recovery post-pandemic.

“The Malaysian Investment Development Authority and the Singapore Economic Development Board will also actively undertake more joint investment promotion activities in 2022/2023 to facilitate investments in Iskandar Malaysia. The JMCIM also highlighted the importance of providing various transportation and other connectivity options for cross-border travel between Malaysia and Singapore.

“The Immigration Work Group continues to collaborate closely to ensure smooth facilitation of cross-border movement of people and goods and has done well to manage increasing traveller numbers since the land border reopened on April 1, 2022,” it said. JMCIM also welcomed Singapore’s plans to redevelop and extend Woodlands Checkpoint to enhance security, allow for more automated processes through the Immigration and Checkpoints Authority’s New Clearance Concept, and reduce waiting time.

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