Malaysia already has Kuala Lumpur as a the country’s financial centre.
IT is always heartening to see a display of ambition, with the latest being the Penang state calling for expression of interest to set up the Penang International Financial Centre (PIFC).
It is surely going to be a grandiose project with Penang’s chief minister reportedly saying that the PIFC aligns with Penang’s position as a global trade hub, particularly in the semiconductor and high-tech sectors.
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