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S1E104: JB-Singapore RTS Link: Singaporeans will spend $1bn more in JB
Will the Johor Bahru-Singapore Rapid Transit System (RTS) Link sound the death knell for smaller, home-grown businesses when it opens in a few months?
A new study, which was released on July 16, highlighted how Singaporeans are slated to spend $1.05 billion more across the Causeway in 2027. But visitors from the other side aren’t expected to send as much business our way. JB visitors are projected to spend about $756 million more.
The Singapore Business Federation (SBF), the Restaurant Association of Singapore and the Singapore Retailers Association jointly commissioned the study to…
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