Tuesday, 25 December 2012

Penang Revisited - Review of Historical Background and Current Political Climate


Penang (Pulau Pinang in Malay) will always be a charming "pearl of the orient" to locals and visitors from the region and afar.  Having the advantage of British special attention on the Straits Settlements (Malacca, Penang, Singapore) in the old days has helped the island state to develop its infrastructure and modern education system.

It was by chance that an unplanned trip came along to revisit Penang. For well travelled tourists, Penang is not on the top of list of destinations unless one happens to be working in KL, visiting relatives or passing by the region. In terms

The facade of Penang has changed over the last 20 years. New high rise buildings have sprung out, starkly contrasts the older part of town where run-down shophouses continue to support thriving businesses. Certain well-known brand names of foods and herbal products have modernised but are still attracting loyal customers and new followers.

However, politics has been a major hindrance as the state has lost favour with the Federal Government since the 1970s. Being an opposition stronghold and a beacon of democracy has been a double-edged sword. As in other Malaysian states, brain drain has been a major concern.

Recent years has seen a surge in investments and construction in recent years under a dynamic chief minister who is a key opposition party leader Lim Eng Guan. I was told by the locals that real estate prices have doubled in the last five years. Investors include many foreigners setting up a second home; some owners include well-known multi-millionaires and movie stars. In addition, F&B, electronics, traditional crafts industry and tourism have been given a boost. Nevertheless, planning difficulties and lack of support from the mainland would put brakes on the island from soaring to greater heights in the near future.

History : Chronology

http://www.visitpenang.com/history.html

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