GEORGE TOWN: The feasibility study on the Penang undersea tunnel project has been submitted and the state government is waiting for the master plan for the expansion of the North Butterworth Container Terminal (NBCT) to be finalised.
As Malaysia transitions to the endemic phase of Covid-19, signs of economic recovery and growth have been apparent. According to the Knight Frank 1H2022 Real Estate Highlights report, the economy grew 5%, primarily supported by improved domestic and external demand, as well as continued policy support. Malaysia began moving to the endemic phase on April 1 this year, leading to the normalisation of economic activities.
GEORGE TOWN: In Penang, where 13 parliamentary seats are up for grabs, one issue that is likely to dominate political ceramah and conversations will be the proposed Penang South Islands (PSI) project.