Minister in the Prime Minister’s Department, YB Tan Sri Nor Mohamed Yakcop, launched the Shared Networks and the Shared Services Centre.
The Shared Services Centre in Penang has now been launched. If things work out as planned, and if industry players are bold and wise enough, the centre will catapult economic development in the state into the next level.
Popular perception of Penang’s economy had for some time been that it had stagnated. Well-wishers have wondered, “How has Penang been doing?”
Well, at best, Penang had been retaining its status quo. Recent efforts however show that the state is doing its best to change the trend. However, major challenges lie ahead. Full-frontal competition is coming from countries hungry and aggressive enough to do what it takes to achieve economic prosperity in as short a time as possible.
However, in order to accelerate this process, industries must be brave enough to champion change and prepared enough to adopt ideas that will jolt the status quo and force the environment to adapt.
To read the rest of the article and to access our e-Archive, subscribe to us for
RM150 a year.
Subscribe Sign in