News by theedgemalaysia.com

Iskandar Investment Bhd (IIB) reaffirmed its commitment to collaborating with stakeholders, including government agencies and international partners, to ensure the success of the Johor-Singapore Special Economic Zone (JS-SEZ).

Competitive pressures within the data centre sector may pose a threat to smaller players with limited resources from gaining a foothold, especially in more saturated key markets such as Johor, said BMI.

Construction and property firms would be the first beneficiaries of the Johor-Singapore Special Economic Zone (JS-SEZ) that will require everything from utilities to warehouses, and from houses to offices.

Investors in the Johor-Singapore Special Economic Zone (JS-SEZ) are eligible for a suite of incentives, including a special corporate tax rate that takes effect on Jan 1, the Finance Ministry said on Wednesday.

Malaysia and Singapore reaffirmed their commitment to revamp the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) to better support the Johor-Singapore Special Economic Zone (JS-SEZ).

The Johor-Singapore Special Economic Zone (JS-SEZ) holds significant potential to boost employment in Johor, but economists stressed the need for clarity on tax incentives and the development of necessary infrastructure as crucial factors for the zone's attractiveness to investors.

Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary Nestcon Infra Sdn Bhd (NISB) has secured a RM25.01 million contract for earthworks and erosion control in Johor’s Senai Airport City.

These offerings aim to simplify market entry and expansion while fostering a thriving ecosystem for businesses.

Up for grabs are the dredging and reclamation works for further phases of Seri Tanjung Pinang 2 in Penang, potentially worth more than RM500 million.

The qualified opinion is due to the auditor not being able to obtain sufficient and appropriate audit evidence to ascertain the accuracy of the builder's trade payables, which amounted to RM91.47 million recorded at the end of its FY2024