Penang International Financial Centre establishment now at engagement stage with BNM, SC — Chow

GEORGE TOWN (July 26): The proposed establishment of the Penang International Financial Centre (PIFC) is currently at the engagement stage with the federal government, Bank Negara Malaysia (BNM) and the Securities Commission (SC). Chief Minister Chow Kon Yeow said the think tank, Penang Institute, was given the role to initiate the expression of interest process last …

Paving the way for a financial future

THE proposed Penang International Financial Centre (PIFC) marks a significant step forward for the state, positioning it as a key player in the financial industry while complementing its existing strengths in manufacturing and the electrical and electronics (E&E) sectors. 88 Captains chairman Datuk Seri Dr Ooi Eng Hock expressed his optimism regarding the initiative and …