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. During the meeting, Chow presented letters of appointment to 11 committee members, including state secretary Datuk Seri Zulkifli Long and state financial officer Datuk Zairi Mat Ali. Also present were heads of several state and federal agencies and departments, as well as representatives from three housing developers. The PIFC initiative is being managed by the state Finance Department and the Penang Institute. “Penang must evolve from a manufacturing hub and a premier tourism destination into a digital economy centre,” he said.

Source: International New York Times April 06, 2026 03:44 UTC