+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Population: 1.5 million
Ease of Doing Business Rank (Malaysia): 20
Rigidity of Employment Index (Malaysia): 10
Boasting a large, English-speaking IT workforce, Penang is particularly suited for companies looking for higher-end IT outsourcing, such as in the pharmaceuticals or financial services industries. Penang also is developing into an outsourcing center for Islamic banking.