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Singapore's $260 Million Crypto Heist Case: Lessons and Implications for Penang's Policy and Economic Landscape

Penang News

Singapore's $260 Million Crypto Heist Case: Lessons and Implications for Penang's Policy and Economic Landscape

The recent high-profile case involving Singaporean Malone Lam, accused of masterminding a US$260 million cryptocurrency heist, underscores the escalating challenges posed by digital financial crimes across the region. While the event itself occurred outside Malaysia, its ramifications resonate strongly with Penang's evolving economic and policy environment. Penang,

By Paul Allen
Malaysia's Palm Oil Giants Pivoting Towards AI Data Centres and Solar Projects: What This Means for Penang's Economic Landscape

Penang News

Malaysia's Palm Oil Giants Pivoting Towards AI Data Centres and Solar Projects: What This Means for Penang's Economic Landscape

Malaysia’s leading palm oil conglomerates are embarking on a strategic pivot, transitioning from traditional agricultural bases into the technology and renewable energy sectors. This development is propelled by an anticipated US$34 billion investment surge, encompassing initiatives such as AI-driven data centres and expansive solar energy projects. For Penang,

By Paul Allen