Penang well-positioned to gain from strong Malaysia-China bond


Chow also noted the recognition of the “sister cities” relationship between Penang, as a trade and economic hub for the northern region, with Xiamen, as well as close relations with cities such as Zhongshan and Chengdu. (File pic shows Xiamen skyline)

GEORGE TOWN: Penang is well-positioned to benefit from the strong diplomatic bond between Malaysia and China, especially in transforming and upgrading the state’s economic and industrial structure.

Chief Minister Chow Kon Yeow said the establishment of the diplomatic relationship between Malaysia and China back in 1974 had led to mutually beneficial growth, especially in areas such as trading, culture, education and tourism.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , Penang , sister cities , Xiamen ,

   

Next In Business News

Radium’s net profit up to RM4.8mil in 3Q
7-Eleven’s quarterly revenue climbs
SimeProp seeks quality assets for recurring income
Lower interest costs buoy TSH nine-month showing
Zetrix a profit driver for MyEG Services
Thong Guan spreading its wings to Europe, America
Hap Seng bottom line in four-fold rise
Positive 3Q24 for Dayang on higher utilisation, forex gains
Fajarbaru 1Q25 earnings up three-fold
Northern Solar inks agreement for ACE Market IPO

Others Also Read