Best Hotels in Penang Island: Take Your Pick!

With a massive population of greater than 1.7 million, Penang is a regional economic powerhouse, a cultural epicenter as well as a much sought-after political stronghold. Since 2008, George Town in Penang has earned its status being a UNESCO World Heritage Site. The rich potpourri of diverse cultures, the delicious food as well as the historical landmarks has attracted droves of holidaymakers from all over the whole world to the Penang Island. Here, we handpicked a number of the best hotels in Penang.

Eastin Hotel

Best Hotels in Penang

Only 10-20 minutes away from Penang’s airport and 5 minutes from the Penang Bridge, you will discover the Eastin Hotel. This 4-star hotel with free WIFI is great for your business travels. Right after a long day it’s possible to exercise at the hotel’s health and fitness center, take a swim in the swimming pool area or explore George Town, which happens to be only a 20 mins away. Are you interested in some shopping? No problem near the hotel you can find Penang’s biggest mall. Overall, Eastin Hotel offers a good amount of amenities for a reasonable price.

Armenian Street Heritage Hotel

Best Hotels in Penang

This cozy little hotel is extremely near to the city center. Therefore, you can probably satisfy all your shopping and sightseeing needs. Should you wish to try a local food, there are a number bars and restaurants nearby. If you are driving, the parking rates are affordable. The place is accessible by public transportation too. The rooms are large and clean.

Muntri News

Best Hotels in Penang

Muntri News was initially a stables and coach house for carriage of Georgetown’s wealthy families. With only nine suites available, this hotel provides an affordable boutique-style experience for the visitors. Muntri New’s location is in addition very strategic as you’re able to simply walk to all of the heritage locations in Penang Island from your hotel.

Shangri-La’s Rasa Sayang Resort & Spa

Best Hotels in Penang

Found on the famed Batu Feringgi Beach, this is certainly arguably the top 5-star deluxe holiday accommodation found in Penang. This famous resort sits on 30 acres of lush tropical gardens dotted with spectacular centuries-old rain trees and delightful views of the Andaman Sea. Traditional Malay design elements and artworks blend with contemporary facilities to make a spell-binding vacation with top-notch service. The resort’s Rasa Wing premier rooms are included with private outdoor tub on the balcony while CHI, The Spa has got the most luxurious spa treatments on the island.

Tune Hotel

Best Hotels in Penang

Tune Hotel for certain couldn’t be disregarded from our list. Located on Burmah Road in Georgetown, it has a going rate of merely RM80 to get a double room plus comfort package. The rooms are clean and cozy with fair bedding and fine quality showers. You get what you pay for, that is a real no-frills stay for the price.

Penang Holiday Lettings

Best Hotels in Penang

Our penultimate choice is the Penang Holiday Lettings. Our top choices for people planning to lodge at Batu Ferringhi, these serviced residence provides remarkable value over many of its competitors in the vicinity. Situated just along Miami Beach Road, the Seaview units are super clean, classy and contemporary. Currently, the lowest priced deal is RM438 per night for a 3-bedroom unit as seen on, and the room can accommodate five pax making this stay best for small groups of travelers or interested families.

Holiday Inn Resort Penang

Hotel in Penang: Holiday Inn Resort Penang

This is arguably the best hotel in Penang if you’re on a family holiday with kids. Situated on the strategic Batu Ferringhi beach, the seaside is just a stone’s throw away. The rooms are spacious and cozy. You’re able to opt for the special Kids Suite to make sure that the adults get a privacy partition. You should also spend some fun playtime with the children at the Playlabs. For dinner, you may have self-service BBQ at the shore. Watch the beautiful sunset, have a stroll at the shoreline and look up at the stars in the night sky before calling it a day.

Check out their official website here:

We hope this post provided an adequate amount of insight that can assist you to plan your future holiday to Penang. Don’t forget to refer to this post to find the best hotels in Penang to get yourself an incomparable deal. Please visit the above-mentioned hotel’s official websites to explore any campaigns and packages which can be on offer now.

Dato’ Ramanan Ramakrishnan Advises on Ponzi Schemes

Dato’ Ramanan Ramakrishnan

Influence, voracity, and the adoration for cash are the foundation of all abhorrent and the destruction of humankind. When we enable ourselves to slide down that tricky slant, our judgment winds up plainly mutilated, morals traded off, and our style of administration blinded by aspiration.

In a current embarrassment that shook the country in Malaysia, a vast gathering of financial specialists fell into a catch of a claimed forex trick that was revealed by Dato’ Ramanan Ramakrishnan, an eminent social advocator against Ponzi Schemes.

Datuk R Ramanan MIC

The false operation was controlled by a couple of famous driving forces, Dato’ Seri and his better half who work a questionable outside trade organization and make wild guarantees to their financial specialists. All casualties guaranteed that they were guaranteed every day returns which they still can’t seem to get. The casualties started to acknowledge they were deceived into a Ponzi Scheme when they didn’t see the guaranteed returns, subsequent to giving over their funds in compliance with common decency to the wrong hands. Some even detailed that they had gotten some underlying returns which tempted them to part with a greater amount of their cash since they suspected that it would make more riches for them.

Since before the end of last year in 2016, the press secretary to the Senate President of Malaysia and previous treasurer-general of MIC, Dato’ Ramanan began a development to bring equity and certainty for these heartbreaking casualties. Dato’ Rama advanced for casualties to approach to empower him to push for the fraudsters to confront the law.

What is a Ponzi Scheme?

A Ponzi conspire depends on new cash coming in to pay existing financial specialists, yet with one exemption – the speculators don’t think about it. They’re being misled, persuaded it’s a true blue speculation. This is the thing that Bernie Madoff, a previous executive of NASDAQ escaped with for quite a long time. He persuaded individuals he produced returns in terms of professional career when in truth he was essentially utilizing cash from new individuals to pay existing ones.

History Of Ponzi Scheme

The most famous fake venture conspire in history started in Boston, America, where Charles Ponzi broke the record and turned into the ideal example of America’s most scandalous money related trick in 1919. His trick was big to the point that plans like his still bear his name today. Charles Ponzi caused a heap of inconvenience in nine short a long time between December 1919 and August 1920. Ponzi guaranteed speculators a half return in only 90 days. Individuals were so anxious to contribute and profit by this guarantee they would sit tight for quite a long time before his office in a long line extending to the road nearby. Altogether, Ponzi stole in the vicinity of 15 and 20 million dollars worth of cash from his financial specialists, which in the present esteem would be worth around 200 million dollars!

Ponzi Schemes In Other Countries


In the mid 2000s, the leader of a Japanese sheet material firm, Kazutsugi Nami was in charge of the greatest trick in Japanese history. He duped more than USD1.4bn from an expected 37,000 individuals. The casualties were guaranteed 36% yearly quantifiable profit. He likewise gathered supports in return for the association’s money called ‘Enten’, which was his very own development advanced cash. ‘Enten’ was composed with Japanese characters for yen in paradise. When he was captured in 2009, he was condemned to 18 years in prison in 2010.


On December 11, 1935, extortionist Victor Lustig was engaged with a standout amongst the most smart con employments at any point envisioned. He sold the Eiffel Tower not once, but rather twice. Back in the 1920s, the Eiffel Tower was gravely needing repair. There was some discourse in the administration about tearing the structure down as opposed to repairing it. Lustig saw the open door and printed up imposter qualifications asserting that he was an administration official responsible for pitching the rights to tear down the pinnacle and the distance to scrap. He welcomed a gathering of scrap press merchants to talk about the issue and revealed to them that the legislature had effectively settled on the choice to tear down the pinnacle and needed to keep it calm because of a paranoid fear of open objection. The merchants purchased Lustig’s story and immediately submitted offers to purchase the milestone. Amid transactions, Lustig acknowledged a great looking money influence from one of the merchants to secure that arrangement and afterward he headed out to Austria. While in Austria, Lustig read the papers intently for reports of his trick. As time passed, nothing at any point showed up. Lustig understood that they must’ve been excessively humiliated, making it impossible to report the occurrence. So Lustig gathered his pack and made a beeline for Paris, where he pulled precisely the same and sold the Eiffel Tower a moment time. This time he wasn’t so fortunate. He got answered to the police and needed to escape to the United States.

What Are The Signs Of An Investment That May Be A Ponzi Scheme and How To Verify Them?

Exemplifying on the off chance that it appears to be unrealistic, it most likely is. Practically every speculation convey conveys some level of hazard. By and large, the more noteworthy the potential restore, the more noteworthy the hazard; while guarantees to the inverse raise tremendous warnings. It is normal for the estimation of a speculation to vary. Be careful about any venture that has an example of reliable returns.

In Malaysia, Bank Negara has a site with a rundown of organizations and sites that are neither approved nor endorsed by the applicable laws and controls controlled by the national bank. Essentially, numerous unregistered organizations that are not endorsed by Bank Negara laws are associated with gold exchanging, forex exchanging and what it calls unlicensed exercises. So know about unregistered organizations and sales representatives, which you can confirm through Bank Negara site.

By the by, keep away from speculations you don’t comprehend or can’t get finish data on. This is a conspicuous indication of misrepresentation. Beside that, announcement mistakes, irregularities, and reasons for absence of composed data on the speculation are likewise warnings. Inconvenience accepting an installment or pulling back your speculation should stress you also.

Likewise with all ventures, doing your own examination is basic in helping you stay away from Ponzi plans. Counsel an autonomous outsider, for example, an enrolled guide, legal counselor or bookkeeper and you can abstain from putting resources into a Ponzi conspire.