There have been calls to transform Penang into a services-driven economy and scale back its manufacturing industry. But the global economy, says Penang Institute CEO Zairil Khir Johari, shows that this would be a grave mistake.The advent of the digital era, characterized by seamless and instantaneous transfer of information and unprecedented levels of global interconnectedness, has seen a paradigm shift in social, political and economic strategies worldwide.In fact, it is commonly said that the world has entered into “the knowledge...
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