Monday, 06 Apr 2026 GEORGE TOWN: The newly formed Penang International Financial Centre (PIFC) Task Force Special Committee has been established to explore the setting up of the centre in the state. Chief Minister Chow Kon Yeow said the committee would play a key role in charting the direction of the proposed financial hub, including preparing a white paper and a strategic action plan to secure...
An artist’s impression of Penang Silicon Island. Penang Chief Minister Chow Kon Yeow said the site allocated for the administrative centre is limited to about 2.8 hectares (seven acres) and will be subject to strict development controls GEORGE TOWN, April 7 — The Penang government is planning the construction of a new state administrative centre including a new state legislative assembly on Silicon...