‘Penang’s population is shrinking’

Worrying trend: The statistics are said to be under-reported as many leave to live in other cites without reporting their move to the authorities.

GEORGE TOWN: Experts are warning of looming challenges ahead as the population of Penang, long the northern manufacturing and cultural hub, shrank for the second consecutive year.

Among the challenges are the state’s workforce supply for its factories as well as housing and retail demand.