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Malaysia’s Crackdown on ‘Finfluencers’: Implications for Penang’s Economic and Policy Landscape

Penang News

Malaysia’s Crackdown on ‘Finfluencers’: Implications for Penang’s Economic and Policy Landscape

The Malaysian government’s recent move to tighten regulations on financial influencers—popularly termed “finfluencers”—marks a significant shift in the nation’s approach to financial literacy, consumer protection, and digital economy oversight. This crackdown, which includes the threat of fines up to RM10 million for unlicensed financial advice, signals

By Paul Allen
MIC’s Potential Exit from Barisan Nasional: Analyzing the Strategic Implications for Penang’s Political Economy

Penang News

MIC’s Potential Exit from Barisan Nasional: Analyzing the Strategic Implications for Penang’s Political Economy

The Malaysian Indian Congress (MIC) is currently deliberating a resolution to leave Barisan Nasional (BN) while maintaining its support for Prime Minister Anwar Ibrahim’s leadership. This political development, unfolding at the national level, holds tangible ramifications for Penang’s economic and policy landscape. As a multi-ethnic state with a

By Paul Allen
PERKESO’s Return To Work Success: Implications For Penang’s Workforce And Economic Resilience

Penang News

PERKESO’s Return To Work Success: Implications For Penang’s Workforce And Economic Resilience

The Social Security Organisation (PERKESO) has recently handled 1,238 Return To Work (RTW) motivation cases since the start of 2024, successfully facilitating employment reintegration for 827 individuals. This development reflects a robust social security mechanism aimed at supporting workforce re-entry, reducing unemployment, and maintaining labour market stability. For Penang,

By Paul Allen
Synergising Local and National Partnerships: Lessons from Sabah’s Polls for Penang’s Policy and Economic Landscape

Penang News

Synergising Local and National Partnerships: Lessons from Sabah’s Polls for Penang’s Policy and Economic Landscape

The recent Sabah state election highlighted Prime Minister Anwar Ibrahim’s emphatic call for closer cooperation between local and national political parties to address critical infrastructural challenges, including roads, water, and electricity. This political narrative holds valuable insights for Penang, a state that similarly balances vibrant local identities with national

By Paul Allen
Malaysia’s Digital Diplomacy: Fahmi’s Leadership at Global Telecoms Conference and What it Means for Penang

Penang News

Malaysia’s Digital Diplomacy: Fahmi’s Leadership at Global Telecoms Conference and What it Means for Penang

Communications Minister Datuk Fahmi Fadzil’s recent leadership of the Malaysian delegation to a global telecoms conference in Baku, Azerbaijan signals renewed momentum in Malaysia’s commitment to digital transformation and international technology collaboration. For Penang, a state uniquely positioned as a technology and innovation hub within Malaysia, this development

By Paul Allen