Penang plans int'l financial hub to boost chipmaking, high-tech growth


( March 19, 2025 ) — LIM BENG TATT/The Star

GEORGE TOWN: Penang plans to set up a financial hub to spur economic growth, says Chief Minister Chow Kon Yeow.

He said the state's public policy think tank the Penang Institute has put out a request for expressions of interest (EOI) to develop the initiative, dubbed the Penang International Financial Centre (PIFC).

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