Malaysia and Singapore leaders have signed an agreement to create a special economic zone to attract global investment and ease the cross-border flow of goods and people

Malaysia has announced a tax incentive package to draw investment to its newly minted special economic zone with Singapore. The tax breaks are designed to bring high-value investments into Johor, the Malaysian state housing the special zone,

Malaysia and Singapore on Tuesday announced an agreement to establish a special economic zone on their border to boost investment and the movement of people and goods.