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Rising costs in Singapore spur business migration as regional alternatives rise | Collector
Rising costs in Singapore spur business migration as regional alternatives rise
South China Morning Post

Rising costs in Singapore spur business migration as regional alternatives rise

Recent moves by companies such as Gardenia and H&M to shift some operations from Singapore across the Causeway have put the spotlight on Malaysia’s growing appeal as a more affordable base for businesses facing high costs and a tight labour market in the city state. But while the trend may look like an easy win for its neighbour – bringing investment, jobs and spillover opportunities – analysts say the gains could come with trade-offs, as an influx of firms drives up competition for skilled...

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