JS-SEZ to boost startup ecosystem in Malaysia, says Yusof Apdal

(Reuters) - TikTok-owner ByteDance's profit jumped roughly 60% in 2023, Bloomberg News reported on Wednesday, citing people familiar with the matter.

ISKANDAR PUTERI: The Johor-Singapore Special Economic Zone will help create more startup companies, especially in the south, says Datuk Mohammad Yusof Apdal.

The startup ecosystem in Johor is rapidly expanding. Located close to Singapore, a vibrant tech hub, Johor is a strategic gateway for startups, providing valuable opportunities for networking, collaboration, and talent acquisition opportunities,” he added. “In South-East Asia, Johor Baru moved up nine places to 13th spot, retaining its position as the third most vibrant ecosystem in Malaysia,” he said.

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