1 thought on “Penang economy”

  1. Penang is the state of Malaysia between the third largest economy, after Selangor and Johor. [105] Penang is the highest per capita GDP in Malaysia, and in 2010 with RM33,456.00 (USD $ 10,893.00). [106] Manufacturing is an important part of the most Penang economy, which is conducive to 45.9%of the country's GDP (2000). The southern part of the island is a highly industrialized high-tech electronics factory (such as Dell, Intel, AMD, ALTERA, Motorola, Agellen, Ruisa, Osram, Congs, Bosch and Seagate) The city is nicknamed Silicon Island. [107] In January 2005, Penang officially gave the status of the multimedia super corridor digital city. The first foreign city has the purpose of becoming a high -tech industrial park to carry out cutting -edge research. [108]
    The foreign direct investment that countries are experiencing, due to the gradual decline in various factors, such as cheap labor costs in China and India. [109] [110] In 2010, Penang had the highest total capital investment country. The state attracted an investment of $ 1 billion in $ 1 billion, an increase of five times year -on -year, from a total growth of 465%of RM 2.22 billion in 2014. In addition, Penang accounted for 26%of Malaysia's total investment in 2010 [111]
    In 2011, Penang became the second consecutive year of manufacturing investment in Malaysia, with RM91 billion top tops. However, the total investment is MIDA, including the manufacturing, service industry, and private sector introduced a new measurement indicator. Essence This is mainly because there is no enough investment in the primary product department. Bloomberg, US media, describes Penang's economic growth, Malaysia's "largest economic success", although the federal government focuses on other countries, such as Johor and Sarawak. [112] Therefore, after an appropriate increase in the economic success of the total investment, public debt decreased by 95%of RM63 billion in Penang. In 2008, RM $ 3 billion was at the end of 2011 [113]
    The re -export trade has dropped sharply, part of the part, part of the part, partly The reason is the losses caused by the status of Penang Liberty Port, and the active development of the federal capital Kuala Lumpur near the Port of Klang. However, there is a container terminal that it continues to serve in the northern region.
    It Penang economy and other important departments, including tourism, finance, shipping and other services.
    The legal institution for self -raised funds is to enhance Penang's socio -economic development and create employment opportunities [114]. The entity [115] Agricultural land in 2008 was used for (total order) oil palm (13504 hectares), rice (12782), rubber (10838), fruits (7009), coconut (1,966), vegetables (489), economy Crops (198), condiments (197), cocoa (9), and other (41). [116] Two local agricultural products are the famous durian and nutmeg. Animal animal husbandry is mainly poultry and home pigs. Other industries include fishery and aquaculture, as well as emerging industries, such as ornamental fish and flowers. [117]
    This is rarely emphasized due to the limited land area and the essence of the high economic industrialization of Penang. In fact, agriculture is the only department's negative growth state. In 2000 [117] Penang's paddy field area is only 4.9%, and the state of domestic GDP, which contributes only 1.3%, Penang is the banking industry in Malaysia. In the center, Kuala Lumpur is still a small outpost base. The oldest bank opened the door in Malaysia, Standard Chartered Bank (then Indian Standard Chartered Bank, Australia and China) in 1875 to meet the financial requirements of the early European businessmen. [118] Hong Kong and Shanghai HSBC, known as HSBC, opened the first branch in Penang in Penang in 1885 [107] Following the Royal Bank of Scotland and Britain (ABN AMRO at the time) Regional headquarters of Beach Street, business center of Old Georgetown.
    Today, Penang is still with Citibank, Dahua Bank, China [119] and the National Bank of Malaysia (Malaysian Central Bank) Bank Branch and local banks, such as Volkswagen, Malaysian Bank, Malaysia Bank and Malaysia Lianchang Bank Bank Center. The economy of Penang is a mixed economy in trade, industry, tourism and agriculture. The high -tech industry has a factory here to produce the equipment around the computer, circuit board or chip. The economy of Penang is a mixed economy in trade, industry, tourism and agriculture.
    It in terms of agriculture, some of the land is for oil brown, rice, rubber and fruits. Penang port belongs to deep water port, which connects Malaysia to 200 ports around the world.
    . Penang's economic active scan
    . Penang is respected as Oriental Silicon Valley. There are many internationally renowned factories of internationally renowned electronics companies
    . In 1997, the manufacturing and tertiary industries accounted for 53%and 42%
    . Fifty -thousand hectares of land are used in agricultural purposes. The main crops are oil palm, rice, rubber and fruits
    . Penang port is a deep -water port, which connects Malaysia to more than 200 ports in the world. It also enters Indonesia -Malaysia -the main window of the triangle of Thailand
    . Penang is the leading meeting, incentives, conferences and exhibitions in Asia
    . Penang International Stadium is a multi -purpose sports facility. This gym has a parking building, a venue for swimming pool sports competitions, etc. Here are conditions to hold a variety of sports events
    . On July 8, 2008, George City and Malacca, the capital of Penang, won the glory of the United Nations Cultural Heritage City of the United Nations Cultural and Education Institution.
    The top ten top companies in the global electronics industry, including Dell and Intel, have built factories in Penang. In 2007, Malaysia Mingkai Technology Co., Ltd., which started in the United States, moved the factory to Penang in 2007. The company's independently developed and produced wireless communication parts such as radio frequency and intermediate frequency chips exported to overseas markets such as Europe and the United States.
    The electronic manufacturing industry in Penang over the past 30 years has flourished, and it has become the pillar industry of Penang. The export volume of electronic products accounts for half of Malaysia exports. Among them, the export of computer micro -processing machines accounted for More than 40%of exports around the world. In 2014, the electronic manufacturing industry in Penang was facing the upgrading and transformation of R

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