Penang’s new financial hub


JALAN Sultan Ahmad Shah, popularly known as “the millionaire’s row”, has since the mid-90s emerged successfully as the alternative prime financial district on the island, overshadowing Beach Street, the oldest commercial hub of Penang.  

Many of the country’s well-known foreign and local banks are now located on this famous road, where local millionaires such as the late Lim Lean Teng, Yap Chor Ee, and Tan Sri Loh Boon Siew built their mansions and resided.  

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Former army chief Zamrose resigns as Boustead Heavy Industries director
Trading ideas: Sunview, TNB, Capital A, Keyfield, TRC, Rexit, Pestec, AirAsia X, Hibiscus, Selangor Dredging, BHIC, Globetronics
Oil reverses gains after Trump eases worries over Iran
Wall Street ends lower, led by drop in Nasdaq
OGX signs underwriting agreement
Sunview Group in RM19mil fundraise
Prospects for renewable energy to shine this year
TRC Synergy wins RM249mil construction job
Structural supply risks weigh on glove sector
WTK seeks nod for RM555mil plantation acquisitions

Others Also Read