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George Town, Malaysia · George TownTHE state think-tank Penang Institute is in the final stages of reviewing and shortlisting proposals for the establishment of the Penang International Financial Centre (PIFC), Chief Minister Chow Kon Yeow announced. According to Chow, PIFC is expected to play a vital role in attracting capital inflows, fostering financial innovation, and reinforcing Malaysia’s semiconductor and...See the Story
Penang Institute to shortlist proposals for PIFC

Penang · PenangThe Penang government plans to build a new tuna and deep-sea fishing port in the state, which meets international standards, to increase tuna landings. State Agrotechnology, Food Security and Cooperative Development Committee chairman Fahmi Zainol said the government has identified an area in Bagan Ajam for the new tuna port and discussions are already underway. “The state has earmarked land in Bagan Ajam for the development of the new port, wit…Read Article
RM300 million tuna port planned in Penang to revive industry’s glory days

Penang · PenangSource: Google Street View The long-awaited upgrade of Jalan Teluk Kumbar from a two-lane to a four-lane carriageway is expected to significantly reduce traffic congestion in Penang’s Southwest District, especially during peak hours. Penang State Executive Councillor for Infrastructure, Transport and Digital, Zairil Khir Johari, stated that the project has received initial approval from the Public Works Department (JKR) Malaysia and the Road Bra…See the Story