GEORGE TOWN, Aug. 26 -- Investments in Penang have continued to grow despite uncertainties due to the tariffs imposed by the United States, said Penang chief minister Chow Kon Yeow.

He said total manufacturing investments have increased, not declined.

"The total investments approved have not gone down, on the contrary, it has increased if we look at statistics released by Mida for the first half of this year," he told reporters after attending the launch of Lift-Off with PSD@5km, a business matching event for 12 Penang-based companies.

According to statistics released by Malaysian Investment Development Authority (Mida), Penang recorded a total of RM12.5 billion in approved manufacturing investments between January and June this year....