Businesses urged to innovate as RTS Link set to reshape cross-border shopping

Businesses urged to innovate as RTS Link set to reshape cross-border shopping


COMPETITION LIKELY TO EASE OVER TIME

While businesses in northern Singapore could face pressure when the RTS Link opens, Prof Sing said the impact is unlikely to be permanent.

Drawing parallels with Hong Kong and Shenzhen, which are linked by road and rail border crossings, he said the cost gap between Singapore and Johor Bahru could narrow over time.




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