Economy
As is the norm with many parts of southern johor, many people in Skudai are from other states in Malaysia, attracted by better employment opportunities and double the exchange rate in neighbor Singapore. These immigrants would rent houses in Skudai and other parts of johor, with many preferring to settle down here some years down the road. This has created a housing boom in this area as many local young people are also starting families of their own. The higher income that residents can earn from working in Singapore have resulted in higher disposable income too, thus spurring the entertainment and automotive sectors in johor.
Read more about this topic: Skudai
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)