The ringgit is expected to trade higher against the US dollar as the interest rate differential seems to favour the ringgit, said an economist.
KOTA ISKANDAR: The state government is expected to announce incentives that could further boost economic activities in the Johor-Singapore Special Economic Zone and the Special Financial Zone .
"We are doing what we can. Though it may not be much, every little bit helps," he said, adding that the SEZ agreement is expected to be signed by Malaysia and Singapore on Dec 9. It was earlier reported that the Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia held a special meeting to discuss the progress of the JS-SEZ on Nov 8.
The meeting was to discuss the draft of the JS-SEZ joint agreement, which is expected to be signed by Malaysia and Singapore during the 11th Malaysia-Singapore Leaders’ Retreat that is likely to be held next month.
SFZ Incentives Announcement Onn Hafiz Ghazali Johor Budget 2025
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