Changing recipe in industrial production

Changing recipe in industrial production

Every recipe needs the right ingredients for success; get the mix right and walk away with a winning formula; get the mix wrong and the dish could fall flat. The same could be said for “ingredients” needed for successful trade and commerce. Interpreting national input-output data (which can be regarded as ingredients, using the cooking analogy), here is a look at some of the commodities that play a major role in Penang’s economy.

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