News & Events

News

Malaysia could extend tax breaks for key foreign investors

2018 Jun 20

Dr Mahathir told Reuters in an interview that his government would welcome investment "from China or any other country" if companies were willing to commit to projects that would create jobs for skilled workers in areas like technology and research and development.

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Chow hopes LRT project is implemented within five years

2018 Jun 20

Penang Chief Minister, Chow Kon Yeow is targeting for the Light Rail Transit (LRT) project under Penang Transport Master Plan to begin during his tenure.

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Penang aims to have more direct flights by end of this year

2018 Jun 18

Penang Tourism Development, Heritage, Culture and Arts Committee chairman Yeoh Soon Hin said there was an increase in direct flights to Penang, as well as an increase in flight frequencies for this year.

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Inari’s new plants seen to boost earnings

2018 Jun 13

From 1.01 million sq ft floor space currently, Inari plans to expand it to 1.35 million (+34%) by end 2018 with the completion of P13B-2 (120,000 sq ft) and P34-1 (220,000 sq ft).

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PGA: Zero-rated GST a boon to gold jewellery export

2018 Jun 11

The Penang Goldsmith Association (PGA) is projecting the export of Malaysia’s gold jewellery at an estimated RM6.7bil this year, up from an earlier forecast of RM4bil in March.

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Global semicon sales projected to hit US$463.4b in 2018, says SIA

2018 Jun 07

SIA president and CEO John  Neuffer said the global semiconductor industry has posted consistently strong sales so far in 2018, and the global market has now experienced year-to-year growth of greater than 20 percent for 13 consecutive months.

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New reservoir costing RM9.3mil the answer to future water demand

2018 Jun 04

THE latest Bukit Dumbar Reservoir 4 (BDR4) will benefit about 315,000 people plus the Bayan Lepas Free Trade Zone, Penang International Airport and southern parts of Penang island.

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Tatt Giap plans RM140mil project

2018 Jun 04

Tatt Giap intends to develop 38 three-storey semi-detached properties and two three-storey detached corporate warehouse cum office buildings.

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Mi Equipment positioned for bigger growth

2018 Jun 01

Mi Equipment is scheduled for a Main Market listing on June 20, 2018. It is the first company to be listed on the Main Market of Bursa Malaysia Securities this year. And it is poised to be the biggest initial public offering (IPO) exercise in the country for 2018.

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CSA increases flight frequency between Guangzhou and Penang, offering cheap fares for June

2018 Jun 01

CSA Penang general manager Liu Zhen Hua said that the flight frequency from Guangzhou, which is currently at one trip daily, would be doubled to two flights daily.

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