The impressive flow of foreign investments into Penang in recent times tells us undeniably that the state has things going for it. Most notably, it seems able to compete well for investments that do not feel comfortable being in China. Multinational corporations (MNCs) today are known to implement a “China + One” strategy, putting money into a secondary site to offset the disadvantages China suffers from. Penang benefits from this. But not all is going well. Among Malaysia’s major weaknesses...
Subscribe to our e-archive to read our older articles.