It has now been two years since this magazine, Penang Economic Monthly, was revamped into a new colourful product meant for wider circulation and sale.
The reasons why that had to be done are still valid. In fact, they are more valid than ever. After March 8, 2008, when a majority of the people of Penang decided to have a change of government, it was impossible not to imagine that a new era was dawning for the state.
As a result, the Socio-Economic and Environmental Research Institute (SERI) had adopted a more pro-active stance in response to this. Besides, in July that same year, George Town was finally placed, along with Malacca, on the Unesco World Heritage List.
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