Chief Minister Chow Kon Yeow has launched Penang 2030, an action plan that focuses on improving livability, economy, civil participation and balanced development to achieve a "family-focused, green and smart state".
If the plan materialises, the low-cost carrier terminal (LCCT) by AirAsia will be ready by 2022 to serve its operations and enhance connectivity from Penang.
SIXTEEN local start-ups received US$1mil (RM4.1mil) under the state government’s Penang i4.0 Seed Fund to create awareness and increase participation in the Industry 4.0 revolution and digital economy.
After four years of steady growth, the rather volatile electronic industry is not showing signs of slowing down.
HAVING established a significant presence in the Middle-East, Federal Oats Mills Sdn Bhd is now focused on growing its Captain Oats brand name in Asia, particularly in the South-East Asia and Greater China regions.
Penang is set to become an "entrepreneur city" similar to San Francisco in the United States with RM1.67 million disbursed through the Penang i4.0 Seed Fund.
Penang may soon get a new low-cost carrier terminal (LCCT) to relieve congestion at the existing international airport if talks between the federal government, AirAsia and Malaysia Airports Holdings Bhd (MAHB) bear fruit.
General manager Kenny Tan said the programme was a collaboration with Malaysian Digital Economy Corporation Sdn Bhd (MDEC).
Local electronic and plastic manufacturers are the beneficiaries of the ongoing trade war between the US and China.
It has been the dream of AirAsia and the Penang government to have the facility since 2007.