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Johor-Singapore SEZ: Businesses say Malaysia’s ‘stickier’ government boosts their confidence in project, but brain drain remains a risk

Channel News Asia LogoChannel News Asia3h ago

Johor-Singapore SEZ: Businesses say Malaysia’s ‘stickier’ government boosts their confidence in project, but brain drain remains a risk - Channel News Asia

Quick Summary:

Firms told CNA they had overcome initial concerns over the proposed special economic zone, but competing with Singapore for technical and skilled workers still poses a potential challenge.

He noted that he has faced difficulties hiring middle managers in Johor and has resorted to taking some of the responsibilities up himself.“Singapore companies can pay these managers higher but I think it's worth convincing them to come back because the expenses in Singapore are high as well.“Many Johoreans these days need to change their mindset and show their capabilities at firms here at home.

He eventually promoted a staff member from within the ranks - Mdm Chloe Hong who has been with the company for 18 years.“So crazy … It took us a while to look for a good general manager and … this is because most of (the skilled workers in Johor) have gone to Singapore to work because of the (large) difference in exchange rate,” said Mr Koh.


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Johor-Singapore SEZ: Businesses say Malaysia’s ‘stickier’ government boosts their confidence in project, but brain drain remains a risk - Channel News Asia (Picture 1)Johor-Singapore SEZ: Businesses say Malaysia’s ‘stickier’ government boosts their confidence in project, but brain drain remains a risk - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 06:00:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 2195 words

Reading Time: 13 minutes read

Sentences: 64 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21777849

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 66 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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