24 Nov '11, 10pm

Singapore Trade Minister urges closer relations with Malaysia firms: by Lynda Hong Ee Lyn SINGAPORE - In the cli...

SINGAPORE - In the climate of warming political relations between Singapore and Malaysia, companies in both countries should find opportunities to expand collaboration in manufacturing and services, Singapore Trade and Industry Minister Lim Hng Kiang urged yesterday. "For businesses in Singapore, I encourage you to continue to capitalise on the comparative advantages in each country by integrating business or manufacturing processes across the borders. In particular, the close proximity between Iskandar Malaysia and Singapore means that managing such integrated processes can be faster and easier," Mr Lim said at a cross-border business forum yesterday. According to the Malaysian Investment Development Authority, Singapore was the fifth-largest investor in Malaysia for the first eight months of this year, contributing 1.9 billion ringgit (S$779.7 million) worth of manufactu...

Full article: http://www.todayonline.com/Business/EDC111125-0000089/Sin...

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