PETALING JAYA: Penang, popularly known as the Pearl of the Orient, needs to move up the value chain via specialisation to address concerns that it is losing its lustre as one of the major poles for the country’s economic growth.
This is a key recommendation of a book entitled Cities, People & the Economy: a study on positioning Penang, which involved collaborative research between Khazanah Nasional Bhd and The World Bank.
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