Singapore and Malaysia eye special economic zone on border

PMs Lee and Anwar discuss bilateral projects; expect agreement in January

20231030 Anwar Lee meeting

Malaysian Prime Minister Anwar Ibrahim, left, and Singapore’s Prime Minister Lee Hsien Loong shake hands after a joint news conference in Singapore on Oct. 30. (Pool photo via Reuters)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore and Malaysia will jointly set up a special economic zone on their border area, hoping to benefit from tighter business links and better connectivity as the weak global economy pressures the two Southeast Asian countries.

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