GEORGE TOWN, February 22 — Economic prospects for Penang are expected to peak mid-2026 before tapering off towards year-end, according to readings from the annual “Chneah Hoay” (Flame Watching) ceremony held at the 176-year-old Ban Ka Lan Snake Temple.
During the ritual, three sacred flames were ignited at 11.55pm, 11.56pm and 11.57pm, each symbolising a four-month cycle of the year. The first flame burned at a moderate level, indicating steady momentum early in the year; the second rose strongly upward, reflecting robust growth mid-year.
While the third appeared smaller and dipped downward, suggesting a possible slowdown towards the final months. Cheng Hoe Seah Association chairman Teoh Hock Guan said the readings serve as spiritual guidance rather than definitive forecasts.
The half-hour ceremony, coordinated by temple elders, is rooted in a long-standing Taoist tradition interpreting the stability and intensity of the flames. Founded in the early 19th century and dedicated to Chor Soo Kong, the Snake Temple remains a significant cultural landmark in Penang.
With devotees viewing the annual ritual as both a reflection of faith and a symbolic outlook for the year ahead.
