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Penang Will Miss Out on Golden Opportunity if It Delays Establishment of PIFC – Komtar Assemblyman

Summary by Buletin Mutiara
GEORGE TOWN – Penang risks missing out on a golden opportunity to emerge as a major regional investment destination if the Federal Government continues to delay the proposed establishment of the Penang International Financial Centre (PIFC). Komtar State Assemblyman (ADUN), Teh Lai Heng said that geopolitical instability in the Middle East region is now pushing international investors to look for new investment locations that are more...
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GEORGE TOWN – Penang risks missing out on a golden opportunity to emerge as a major regional investment destination if the Federal Government continues to delay the proposed establishment of the Penang International Financial Centre (PIFC). Komtar State Assemblyman (ADUN), Teh Lai Heng said that geopolitical instability in the Middle East region is now pushing international investors to look for new investment locations that are more...

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Buletin Mutiara broke the news on Monday, May 11, 2026.
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