News about Singapore

KUALA LUMPUR (Feb 3): Shares of GuocoLand (Malaysia) Bhd have been suspended from trading from 9am on Tuesday pending an announcement, according to a Bursa Malaysia filing.

KUALA LUMPUR (Jan 30): Malaysia and Singapore reaffirmed their commitment to deepen economic cooperation under the Johor–Singapore partnership during a courtesy call between the Minister of Economy of Malaysia, Akmal Nasrullah Mohd Nasir, and Singapore’s Minister for National Development, Chee Hong Tat.

KUALA LUMPUR (Jan 30): Developers are not building enough industrial projects in the Johor–Singapore Special Economic Zone (JS-SEZ), with supply still lagging behind growing demand.

The master plan would provide a clear and structured guide for investors while coordinating development across the zone also known as the JS-SEZ, said Economy Minister Akmal Nasrullah Mohd Nasir.

"Crescendo also noted that the recent 25-basis-point cut in Bank Negara Malaysia’s Overnight Policy Rate is expected to create a "favourable environment for homebuyers and investors".

The new entity currently has nine ongoing residential developments in Singapore, comprising 4,937 units with an attributable gross development value (GDV) of S$4.

“This partnership is already taking shape on the ground,” says Gan, highlighting three companies that are looking to tap into the JS-SEZ.

Transport Minister Anthony Loke also reiterated that the government intends to proceed with the HSR project only through private sector-led investment, without direct government funding.

The 7.

Sunway, via its fully-owned subsidiary Sunway Labuan Investment, signed an agreement to buy MCL for S$738.