WHAT’S HAPPENING
View major news and upcoming events to explore Penang’s thriving key industries.
March, 29 2024 – In a significant stride towards fostering financial inclusion, FinHero is honored to announce NTT Data Corporation’s stake in our journey. This collaboration, celebrated at Mercure Penang Beach Hotel, validates FinHero in the regional markets. FinHero (FinHero.asia) is a Penang based FinTech Startup, developing B2B financial solutions focusing primarily on Asian markets. […] At a Glance Principal Activit(ies): Mould making, machining, stamping, plastic injection moulding and sub-components assembly Location(s): (Penang branch) 978, Lorong Perindustrian Bukit Minyak 20, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang (Subsidiary) Bumblebee Eco Solutions Sdn. Bhd., No 978, Lorong Perindustrian Bukit Minyak 20, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang […] March 11, 2024 — Tension between Beijing and Washington over access to technology has prompted many companies to open factories in south-east Asia Shortly after a Chinese company opened up nearby, employees at Malaysian contract manufacturer Kemikon walked outside their factory to find sheets of paper stuck to their car windshields. The flyers were from […] The new facility will serve as a hub for research and development (R&D), manufacturing and distribution of furniture fittings, catering to global customers’ demands March 5, 2024 – Actiforce, a global leader in the furniture components industry originating from the Netherlands, has officially achieved a new milestone in Malaysia with the opening of its […] March 1, 2024 — InvestPenang remains resolute in its commitment to enhancing the ease of doing business in Penang, says its chief executive officer Datuk Loo Lee Lian. Her comments came in the wake of Penang establishing itself as the top state in the country with approved investments of RM71.9 billion in 2023. Penang was […] Anwar Ibrahim says rivalry squeezes smaller countries as he courts investment for semiconductor supply chain Anwar Ibrahim at Greatech’s factory in Penang last week. The Malaysian premier has focused on resuscitating an economy battered by mismanagement and instability, prioritising manufacturing, energy and industry February 27, 2024 — Malaysia’s prime minister has condemned a rising tide of […] With reference to the above article quoting NCIA’s Chief Executive Encik Harris Sultan’s comments that “businesses in other northern states, including Penang – would have to wait for up to two years for necessary approval”, the state would like to clarify that industrial projects in Penang are allowed to commence construction work once the Building […] February 19, 2024 — Penang is set to cement its status as the leading state for manufacturing in the country following the groundbreaking ceremony of its Batu Kawan Industrial Park III. Scheduled to be completed within the next few years, the park will complement the existing industrial parks around the state, especially the Bayan Lepas […] February 13, 2024 – The Economy Ministry acknowledges the necessity of a collaborative effort involving both the government and the private sector to leverage the potential “tsunami” of investment opportunities, particularly within the semiconductor industry. Towards this end, its minister Rafizi Ramli invites venture capital (VC) firms and fund managers to contribute to Malaysia’s economic growth […] Talentbank, an enabler in the employability ecosystem, focused on producing career-ready candidates and helping them achieve better careers by connecting them with industry leaders who welcome world-class talent, is hosting an inaugural Penang Engineering, Tech & Semicon Career Fair 2024. Partnering with InvestPenang, this career fair aims to attract talent not only from Penang but also across the nation to enhance the talent ecosystem in Penang. Talentbank is extending invitations to candidates from over 50 public and private universities throughout Malaysia. Details of the event are as follows: Here’s why you should participate: Don’t miss this opportunity to learn, network, and elevate your company’s visibility. Join us at the Penang Engineering, Tech & Semiconductor Career Fair 2024. Learn more about the event at www.penangcareerfair.com. For further enquiries on registration, kindly fill up this interest form or contact Amanda Yong at +6012 494 3212 / amandayong@talentbankgroup.com. InvestPenang’s GBS 2.5 Talk Series #1, titled “Creating the Silicon Valley of the East 2.0 – Penang as a leading hub for GBS, Research, Design and Development.”, aiming to shed lights on the global outlook and trends within the digital economy industry, while uncovering key highlights in Malaysia’s digital economy and Penang’s competitive edge in supporting the ecosystem. This event is organized by InvestPenang in collaboration with Malaysia Digital Economy Corporation (MDEC), Penang GBS Focus Group Members, Penang Skills Development Centre (PSDC), and UST Malaysia. Details of the event are as follows: Themed “Bridging Eras of Innovation in GBS,” the seminar will also feature insightful discussions on Malaysia and Penang’s roles as hubs for GBS, Research, Design, and Development, as well as the evolution of the GBS industry through the integration of automation, generative AI, and analytics. Participants will have the opportunity to gain valuable knowledge and network with the academia and industry professionals, including speakers from newly invested entities in R&D and software development. The seminar targets business leaders and professionals within the digital economy industry. Complimentary Event: Seats are limited and on a first-come, first-served basis. Please RSVP through this link or scan the following QR code by Friday, March 22, 2024. For further enquiries or support, kindly contact Ms. Shazanah, at +60 16 489 9780 or email shazanah@investpenang.gov.my or Mr. Badrul, at +60 19 276 0402 or email badrul@investpenang.gov.my. The International Advertising Association World Congress (IAAWC), held every 2-3 years in major cities, focuses on sustainability, diversity, equity, inclusion, and environmental, social, and governance (ESG). It brings together professionals from various industries and celebrates the 85th Anniversary of IAA Global, the 30th Anniversary of IAA Malaysia, and International Women’s Day. The congress will take place in Penang, Malaysia, known for its rich heritage, arts, and culture, providing participants with an opportunity to immerse themselves and gain knowledge, inspiration, and energy. This congress is co-hosted by IAA Malaysia, Petace and the Penang Convention and Exhibition Bureau (PCEB) and InvestPenang. The 45th IAAWC 2024 theme is “Brand: RE-CODE, for a Better World, Better Life”. Here are the details: *This 3-Day Congress Fee includes meals & refreshments, dinners and access to all Congress events. Why join us? Who should attend? Don’t miss the opportunity to learn, network, and inspire positive change. Join us at the 45th IAA World Congress 2024. Visit www.iaawc.com for enquiries on registration, hotel bookings at IAAWC rates & sponsorship opportunities. For further enquiries on HRDC Claimables, kindly contact Amy Chia, at +6012-236 2744 or email amychia@iaawc.com. The “Smart Agriculture & Food Manufacturing: Cultivating a Sustainable Future” conference, aims to explore and discuss the latest advancements in agriculture and food technologies and their roles in cultivating a sustainable future within these industries. This conference will feature experts and leaders in the field of AgriTech and FoodTech who will share their insights on various topics such as: Here are the details: Who should attend ? Don’t miss out on the opportunity to gain valuable knowledge and network with industry professionals. Here, you will gain up-to-date insights into the latest trends and innovations shaping the agritech and foodtech industries. Join us at the Smart Agriculture & Food Manufacturing Conference. Seats are limited and on a first-come, first-served basis. Please RSVP your seat by Friday, January 26, 2024. For further enquiries or support, kindly contact Ms. Shazanah, at +60 16 489 9780 or email shazanah@investpenang.gov.my or Mr. Badrul, at +60 19 276 0402 or email badrul@investpenang.gov.my. The Penang ESG Conference and Exhibition 2023 is organised to raise awareness among participants about the importance of environmental, social, and governance (ESG) practices in business operations and decision-making. We also aim to facilitate knowledge sharing and best practices among industry leaders, experts, and stakeholders, promoting sustainable business strategies and responsible corporate behaviour. It is also a platform for networking and collaboration, fostering partnerships between organisations committed to ESG initiatives and promoting collective action for positive social and environmental impacts. Here are the details: Date: 21st and 22nd November Why join us? Don’t miss the opportunity to learn, network, and inspire positive change. Join us at the Penang ESG Conference and Exhibition 2023 to be part of the sustainability revolution that shapes the future of business and communities. For detailed information, event updates, and registration, please visit PGC website at: https://www.pgc.com.my/2020/pesg/. The International Semiconductor Executive Summit SEA (ISES SEA), taking place on November 7th and 8th, 2023. This event brings together thought leaders, industry experts, and innovators in the field of SEA semiconductor technology. Date: 7 – 8 November 2023 The event features keynote presentations from industry pioneers and interactive panel discussions revolving around the topic of semiconductor industry. For details and registration, please visit ISES SEA website at https://isesglobal.com/events/ises-sea/. The National E-Invoicing Initiative aims to revolutionize the way businesses handle invoices, enabling seamless communication between different accounting software and Enterprise Resource Planning (ERP) systems. This digital transformation will streamline your invoicing processes, leading to increased efficiency and effectiveness. This webinar promises valuable insights into the National E-Invoicing Initiative, a crucial step towards enhancing business efficiency and productivity in our nation. Webinar Details: Don’t miss this opportunity to stay ahead of the curve in the world of digital business. Please RSVP by 13th October 2023: For any inquiries or assistance, feel free to contact Badrul at badrul@investpenang.gov.my or Shazanah at shazanah@investpenang.gov.my. Are you looking for a reliable solution to source the right talent for your company? You are in good hands as InvestPenang are now supporting myStarjob Fair 2023 to bring you Malaysia’s Most Premier Career fair happening in Penang on 10 & 11 June 2023. The event by myStarjob Fair 2023, has been providing a top-notch career fair to customers like you for many years now. We understand the challenges that come with sourcing the right fit for many companies, and we are committed to providing you with the best possible solution. That’s why we are excited to introduce myStarjob Fair 2023. MyStarjob Fair 2023 is designed to offer one-stop hiring solutions, enhanced employer branding, and expanding your talent pool. With myStarjob fair, you can also at the same time create brand awareness for the visitors during the fair. And to take advantage of Star Media Group’s 50 years of media outreach & integrated media entitlements as part of your presence, bringing your business values and brand exposure to the next level whilst showcasing your products or services at our myStarjob Fair 2023. We believe that myStarjob Fair 2023 will be a valuable addition to your business, and we are offering a special discount to customers who are getting four booths at two locations of our fairs. Don’t miss out on this opportunity to improve your business and simplify your life. Refer to our sales kit+booking form to learn more about myStarjob Fair 2023 and to place your order today. REGISTER NOW or WhatsApp/Call Star Media Group at +6012-639 3994. Penang’s capacity and capability to support the industrial needs and long-term growth strategies have well-translated into its unique and competitive edges that constantly attract top-tier multinationals. Fuelled by the increasing availability of new technologies made possible by Industry 4.0, companies in Penang have captured the transformation opportunity, making palpable progress in creating, adopting and implementing solutions at scale. Ranging from equipment manufacturer to automation and industrial IoT solution provider, Penang offers state-of-the-art products and services that focus on the present and ready for the future. Join the seminar organised by InvestPenang, held in conjunction with SEMICON SEA 2023, with the theme “Riding the Industry 4.0 Bandwagon: From Automation Equipment Manufacturing to Industrial IOT Solution Provider”. Featuring industry captains from Penang’s homegrown automation and equipment companies, this session will shed light on the local players’ automation excellence, with their advance offerings that place Malaysia at the frontier of technology. Date: 24 May 2023 Agenda: Click here to register: https://tickets.lup.com.au/semicon-sea-2023?CAT=CAT-REGISTRATION (Complimentary Admission) For more information, please visit: https://www.semiconsea.org/. For further enquiry on the seminar, please contact +604-646-8833, or Bit Kun at bitkun@investpenang.gov.my or Phei Wen at pheiwen@investpenang.gov.my. [Press Release] FinHero Welcomes NTT Data Corporation as a Stakeholder
YBS International Bhd
Malaysia: The Surprise Winner from US-China Chip Wars
[Press Release] Actiforce Establishes A RM50-Million, State-of-the-Art Manufacturing Facility in Penang
Prioritising Business-friendly Environment Key to Penang’s Success
Malaysia’s Prime Minister Decries ‘China-phobia’ among US and Western Allies
[Press Statement] FMT’s Article “Emulate Kedah’s speedy approval process” dated 20 February 2024
Penang On Track to Take the Lead in Manufacturing Sector, Says CM
BCVC Looks to Elevate Semiconductor Industry
29 March
Penang Engineering, Tech & Semicon Career Fair 2024
Date: Saturday, 4 May 2024
Time: 10am – 4pm
Venue: JEN Penang, Georgetown
29 March
GBS 2.5 Talk Series 2024 #1: Creating the Silicon Valley of the East 2.0 – Penang as a leading hub for GBS, Research, Design and Development
Date : Tuesday, March 26, 2024
Time : 1:30 pm – 4:30 pm
Venue : Auditorium, Penang Skills Development Centre (PSDC), Bayan Lepas29 March
The 45th IAA World Congress 2024
Date: 6 – 8 March 2024
Venue: Setia SPICE Convention Centre
Course fee: RM3,850* (HRD Corp Claimable)
• Connect with peers from the industry worldwide.
• Learn from experts on how Sustainability, ESG, DE&I and AI can be a force for good during the sessions, talks and interviews.
• Gain first-hand knowledge and insights on how integrating technologies into creativity can create greater value of brands & businesses.
• Be inspired by leaders who are Re_Coding and shaping the future
• Board Directors CEOs, CMOs, CSOs, CTOs and C-suite personnel.
• Marketing, Brand & Product Managers.
• Advertising, Digital & Media agencies.
• Management Consultants & Advisors.
• Government, Policymakers & NGOs.
• Academics & Students29 March
Smart Agriculture & Food Manufacturing: Cultivating A Sustainable Future Conference
1. Global trends and policies in food manufacturing and agricultural industry
2. The future of human-machine collaborations
3. Smart farming in achieving food security
4. Financial support and risk management in agriculture and food production
5. Successful case studies by experts
Date : Thursday, February 1, 2024
Time : 9.00 am
Venue : The Light Hotel, Seberang Jaya, Penang
• Business Leaders
• Industry Players
• Entrepreneurs
• Policymakers
• Academia & Professionals
• Consultants
(Above related to the Agritech and Foodtech industries)29 March
Penang ESG Conference and Exhibition in 2023
Venue: Olive Tree Hotel, Penang
29 March
International Semiconductor Executive Summit SEA (ISES SEA) 2023
Venue: Shangri-La Rasa Sayang, Penang
Why join us?
29 March
National E-Invoicing Initiative 2023 Webinar
Date: 24th October 2023
Time: 10:00 AM – 12:00 PM
Mode: Online
https://docs.google.com/forms/d/e/1FAIpQLSdMPFY3jbPR185xl8slN9GCDRRHVDtz1SyvoI0WPPYBN3nZjw/viewform29 March
InvestPenang x myStarjob Fair 2023
29 March
[SEMICON SOUTHEAST ASIA 2023] InvestPenang Seminar: “Riding the Industry 4.0 Bandwagon: From Automation Equipment Manufacturing to Industrial IOT Solution Provider”
Time: 3.30pm – 5.00pm
Venue: Main Stage @ Setia SPICE Convention Centre
3.30pm
Presentation by Mr. Eugene Khoo, CEO, Experior Technology Sdn Bhd
“Upleveling Malaysia’s semiconductor ecosystem with front-end test design”
3.40pm
Presentation by Ms. Teh Wuan Yee, General Manager, Eng Teknologi Sdn Bhd
“Pushing the boundaries of precision engineering”
3.50pm
Presentation by Mr. Hawke Tan, CEO, UBCT Industrial Solution Sdn Bhd
“Untangled the complexities of IR4.0 adoption”
4.00pm
Presentation by Mr. Edmund Yuen, Managing Director, Ideal Vision Integration Sdn Bhd
“Excelling in advanced machine vision solutions”
4.10pm
Presentation by Mr. Chuah Choon Bin, Executive Chairman, Pentamaster Corporation Bhd
“Harnessing innovative technology in smart automation solutions”
4.20pm
Panel Discussion
Moderated by Dato’ Seri Lee Kah Choon
5.00pm
End