Penang

2023 - 3 - 14

Post cover — Image courtesy of "thehoneycombers.com"

Your Penang bucket list: Best things to do, hidden gems and local ... (thehoneycombers.com)

This beautiful Southeast Asian destination is teeming with delicious street food, colourful temples, and vibrant nightlife. If you're considering taking a road ...

Or reserve a seat at [Magazine 63](https://www.facebook.com/magazineM63/) – a cool speakeasy-style lounge bar decked out in chinoiserie decor. [Kek Lok Si Temple](https://kekloksitemple.com/) – the largest Buddhist temple in Southeast Asia – and marvel at its seven-storey pagoda and towering statue of the Goddess of Mercy. For something more unusual, head to the [Snake Temple](https://sg.trip.com/travel-guide/attraction/bayan-lepas/snake-temple-76092/). Looking for a unique experience that brings you closer to nature? It’s a blast for kids and adults alike! The museum is dedicated to the history and folklore of ghosts and paranormal activities in Malaysia. You’ll find plenty of breathtaking temples and places of worship to explore in this corner of Malaysia. This outdoor adventure park offers a range of thrilling attractions, including zip lining, rope courses, and freefall jumps. But we recommend going on a guided food tour that’ll take you to all of the best hawkers and restaurants in the city. This area is home to a network of trails that vary in difficulty and length – perfect for hikers of all levels. You won’t need to squeeze with the sweaty crowds to experience the best of Georgetown. Just imagine life-sized figurines of ghosts and ghouls in Asian folklore like the pontianak, toyol, and hantu ray.

Time for Penang to have a sovereign wealth fund, says Governor (The Star Online)

GEORGE TOWN: Penang should explore the setting up of a sovereign wealth fund, says Yang di-Pertua Negeri Tun Ahmad Fuzi Abdul Razak.

"It could be like the Sarawak Sovereign Wealth Future Fund... The award was received on behalf of the group by chief executive officer Alex Yeow. Several organisations received industry excellence awards at the summit, including Star Media Group which received the Penang Icon Leadership Award for Media.

Penang aims to hit 5.4pc GDP growth by 2025 (Malay Mail)

GEORGE TOWN, March 14 — Penang hopes to achieve a gross domestic product (GDP) growth of 5.4 per cent by 2025, said Chief Minister Chow Kon Yeow.

“With Digital Penang and Digital Masterplan, Penang state government will continue to encourage industries to embrace digitalisation to move up the value chain,” he said. “It will be a new hub to develop and promote digital economy,” he said. The Penang lawmaker said the state is cautiously optimistic that it is seeing a gradual economic recovery.

E&O to launch second serviced apartment in Penang (Serviced Apartment News)

Malaysia: E&O to launch second serviced apartment Arica in Penang's Andaman Island. Read more on Serviced Apartment News.

E&O is looking to officially launch the project by the end of the first quarter this year. Emily Teh, E&O group director of projects and property investments, said in a press statement on Friday: “Arica is not only strategically located within the exciting commercial precinct of Gurney Green, it is actually sited right next door to The Meg. The project has a gross development value of RM400 million and is slated for completion in 2027.

Penang confident of meeting 5.4% GDP growth by 2025: CM (The Sun Daily)

GEORGE TOWN: The Penang government's comprehensive development plan, Penang Vision 2030 (Penang 2030), will boost the state's ability to meet its gros...

However, Chow said as the state continued to pursue the goals of Penang 2030, it was determined not to lose sight of the most important, the well-being of the people of Penang. He said Penang 2030 was launched in 2018 as a policy framework for the state to be a family-focused, green and smart state that not only leads the nation but also acts as an inspiration through its ambitious projects and development agenda. He said as Penang recovered from the Covid-19 crisis, the state was cautiously optimistic that a gradual economic recovery would be on the cards thanks to sound economic fundamentals and a robust manufacturing sector supported by a recovering services sector.

Penang CM: RM20m Fort Cornwallis moat to open in 2025 (Malay Mail)

GEORGE TOWN, March 14 —Penang Chief Minister Chow Kon Yeow today said that the RM20 million restoration of Fort Cornwallis's moats will be completed and ...

He said the state had approved an allocation of RM14.8 million for phases five and six of the project which is from 2022 to 2025. Among the works completed were the excavation works for the moat, excavation and conservation of the store rooms and the conservation of the cannons. He said between 2019 and 2021, several components of the Fort Cornwallis restoration project were completed with an allocation of RM4.6 million.

Star Media Group honoured at Penang Future Forward Summit (The Star Online)

Its chief executive officer Alex Yeow received the Penang Icon Leadership Award for Media from Yang di-Pertua Negeri Tun Ahmad Fuzi Abdul Razak at the summit.

“With the shift in thinking away from the Asia-Pacific or the South China Sea or the Strait of Malacca, we should consider our place in the world, not only in geo-strategic terms but also in geo-economic terms. “In other words, we must dare to imagine policies, programmes and action beyond the ordinary,” he added. SMG was among 26 companies which received the Industry Excellence Award at the summit themed “Future Proof Penang For The New Global Economy”.