Penang well-positioned to gain from strong Malaysia-China bond


Chow also noted the recognition of the “sister cities” relationship between Penang, as a trade and economic hub for the northern region, with Xiamen, as well as close relations with cities such as Zhongshan and Chengdu. (File pic shows Xiamen skyline)

GEORGE TOWN: Penang is well-positioned to benefit from the strong diplomatic bond between Malaysia and China, especially in transforming and upgrading the state’s economic and industrial structure.

Chief Minister Chow Kon Yeow said the establishment of the diplomatic relationship between Malaysia and China back in 1974 had led to mutually beneficial growth, especially in areas such as trading, culture, education and tourism.

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!
China , Penang , sister cities , Xiamen ,

Next In Business News

World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
Oil prices steady as ebbing Iranian protests lower chance of US attack
Foreign funds log second straight week of net inflows of RM716.1mil
Ringgit opens higher against greenback on better-than-expected 4Q GDP estimates
FBM KLCI slips on profit-taking as US-EU geopolitical tension escalates
Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Press Metal earnings outlook bright thanks to hedging
EU set to halt approval for trade deal with the US�
If I were an ageing oil palm tree
Hurdles in DBS’ Alliance Bank bid

Others Also Read