During British rule, Penang boasted a very good instruction program that educated generations of rulers, lawmakers, politicians, gurus and folks of social standing. A few of these universities also are Amongst the oldest in Southeast Asia.
 While browsing malls now dominate the retail scene, hundreds of years-outdated shophouses are still working alongside George Town's flea marketplaces and damp marketplaces, all of which cater extra to nearby solutions, like spices, nutmegs and tau sar pneah, a well known Penang delicacy. This mix of each previous and new creates a unique bustling retail scene in contrast to any where else in Malaysia.
 These elements have contributed into the reduction of maritime trade in Penang, which was at the time on the list of significant entrepôts in Malaya.
Besides that, tau sar pneah retailers are available throughout the island, marketing delectable bean paste biscuits.
The Port of Penang has long been running its cargo and container terminals, as well as other shore amenities, in Butterworth considering the fact that its relocation from George City in 1974.
The growth of link George City has developed suburbs to its north-west, west and south. The north-western suburbs are relatively additional affluent, given their seafront areas which catch the attention of holidaymakers and expatriates.
 Historians would afterwards argue that the withdrawal as well as the silent evacuation on the white race led to your lack of the British Status, Which "the ethical collapse of British rule in Southeast Asia arrived not at Singapore, but at Penang".[fifty four]
Within Penang's solutions sector, the best proportion of work was recorded from the retail, accommodation, and food and beverages (F&B) sub-sectors, Obviously indicating the affect of tourist arrivals on services-associated industries. Following the inscription of George Town being a UNESCO Earth Heritage Internet site, a rising craze would be the acquisition of heritage shophouses within the zone by overseas traders, Specifically from Singapore and Hong Kong.
The southwest is made up of the only massive pockets of scenic countryside with fishing villages, fruit url orchards, and mangroves.
In 2011, the Penang Variation of Time Out was launched. This edition on the Global listings magazine is at the moment posted in a few variations: a yearly printed manual, a routinely up-to-date Internet site and also a cellular application.
The entrepôt trade website (duty-totally free trading of imported merchandise for direct export) has tremendously declined, because of in part into the lack of Penang's absolutely free-port status in 1969 also to the Lively improvement of Port Klang near the federal cash Kuala Lumpur.
On the list of earliest modes of transportation in Penang was the horse hackney carriage, which was well-liked all through the very last quarter of your 18th century till 1935, once the rickshaw (jinriksha) obtained attractiveness, until it, consequently, was fast superseded by the trishaw starting in 1941.
Several heritage buildings had been torn all the way down to make way with the increasing figures of high-rises, though aspects of the city centre were also being emptied out and little by little turned dilapidated. Uncontrolled improvement sparked worries with the ongoing existence of heritage structures and Penang's assortment of pre-war properties, leading to a lot more vigorous conservation initiatives.