Penang Economic Outlook
30 min read
We live in a time when giant economies have had to experience how fragile they can be. The global crisis that began in 2008 has been going on for quite a few...
Will the falling oil price mean austerity for Malaysia?
4 min read
With the oil price falling more than 40% since June from US$115 a barrel to, as of press time, below US$70 a barrel, the US Energy Information Agency (EIA) agai...
The housing market in Penang today
7 min read
Malaysia’s population crossed the 30 million mark in February 2014. According to the Population and Housing Census 2010, about three in 10 people fall in...
Ripples from global events threaten local economy
13 min read
The economy of Malaysia – and of Penang – depends to a significant degree on global trends, since both are highly exposed to externalities nowadays....
Penang Economic Outlook 2015
4 min read
• The external macro environment, in particular the crude oil price, the timing on the start of the rise in US interest rates and its ensuing impact on fin...
Manufacturing in Penang: onwards and upwards
5 min read
In 2013, Penang's share of the manufacturing sector to the overall GDP of the state was almost equal to that of the service sector, at 47.8%. Penang shows that...
Soldering a regional platform for semiconductors
7 min read
The annual Semicon Singapore event, a regional exposition of the semiconductor industry, has been taking place for the last 21 years. However, this time around,...
Penang’s semiconductor industry moves from assembly to R&D
4 min read
Since the opening of Malaysia’s first Free Industrial Zone in the 1970s, Penang’s economy has been thriving, based on export-oriented labour-intensi...
Baiting a Billion-Ringgit Aquaculture Industry
8 min read
Asia’s fisheries sector has been thriving since 1980, and the main source of growth has been aquaculture. Since the 1990s, the aquaculture sector has been...
The Knowledge Economy is Penang’s Future
7 min read
On November 30 last year, news broke that four young inventors from SJKT Ramakrishna had won six international awards and a gold medal for their problemsolving,...
Penang’s economy in 2015: Growth continues, but more slowly
11 min read
Penang’s GDP has been growing over the last five years. Following the recent release of data on Malaysia’s GDP growth for 2014 by Bank Negara Mala...