The task force will also focus on formulating strategies to mitigate the trade protectionism impact and act as a focal point for stakeholders to present their views, comments and feedback, the ministry said in a statement today.
Diversified group Kumpulan Perangsang Selangor Bhd's (KPS) indirect wholly-owned subsidiary CPI (Penang) Sdn Bhd is buying a 4.5-acre piece of land in Bayan Lepas Industrial Park, Penang for RM27.7 million, on which it intends to build a new electronic manufacturing services (EMS) factory.
Swedish home furnishings retailer IKEA has launched a recruitment drive to fill more than 200 positions at its new store in Batu Kawan, Penang, which is scheduled for opening on March 28, 2019.
After over 20 years in operation, Western Digital Corporation announced that it will be shutting down its HDD (hard disk drive) manufacturing facility in Petaling Jaya, Selangor, by the end of this year.
State Housing, Local Government, Urban and Rural Planning Committee chairman Jagdeep Singh Deo said this was part of efforts to fulfil the promises made in the 14th General Election (GE14) manifesto.
Andy Luong, new controlling shareholder and executive chairman at JEP Holdings, says Singapore is not a cost-competitive location for a precision engineering firm like his.
Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors' confidence in its Chief Executive Tan Hock Eng's dealmaking credentials.
Chief Minister Chow Kon Yeow said the logistics providers in Penang not only supported local factories but also served the regional market, acting as international procurement or regional distribution centres.
Integrated Cold Chain Logistics Sdn Bhd (ICCL), a leading total logistics company in the country, launched its new one-stop regional distribution and centre of excellence for the halal logistics industry.
Penang has recorded total investments of RM1.02 billion in the first quarter (Q1) of this year, comprising foreign direct investments (FDI) of RM580 million and domestic investments of RM438 million.