Economic opportunities for Penang predicted to prosper mid-2026


GEORGE TOWN: Investors should seize economic opportunities in Penang by mid-year, when prospects are expected to peak before tapering off towards year-end, according to a prediction during the annual flame-watching ceremony at the 176-year-old Ban Ka Lan Snake Temple (Hock Hin Keong) in Bayan Lepas.

The ceremony, known as “chneah hoay”, saw sacred flames ignited three times from an incense urn on the altar at intervals of about one minute, with each flame representing the outlook for a four-month period of the year.

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