GEORGE TOWN, June 23 -- Penang recorded RM6.7 billion in approved manufacturing investments for the first quarter of 2025, accounting for 22 per cent of Malaysia's total and ranking it second among all states.

Penang Chief Minister Chow Kon Yeow said the investment decisions were made last year, before uncertainties arose over US tariffs.

"We are still uncertain whether the tariff announcement will impact the second quarter or the second half of the year, or the whole of 2025," he told a press conference at his office today.

Despite the uncertainty, Chow said InvestPenang continues to receive monthly enquiries from foreign investors.

"We are still sifting through enquiries and hope these enquiries will bring results when the investors...