Penang has managed to reverse a declining flow of investments with an inflow of RM8 billion in the first nine months of this year compared with only RM4.77 billion last year.Hello ... Tsu Koon .... mana pulak apek ni?
Chief Minister Lim Guan Eng said this was due to an "experiment" with key measures to "reinvent Penang's economic setting".
He had noted that despite being the second smallest state in the country with a population of only 1.4 million, Penang's exports alone amounted to 27 per cent of the country's total.
"However, mismanagement and abuse of power had caused Penang to stagnate in the final years of the 20th century," he said in his speech at the 4th Asia Economic Summit in Hong Kong. [read more]
RM8b made in 9 months, says Guan Eng
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