Readiness assessment criteria for industry 4.0 soon
GEORGE TOWN: The International Trade and Industry Ministry (Miti) will introduce by the first quarter of 2019 the readiness assessment criteria for the migration of 500 small and medium enterprises (SMEs) to industry 4.0 platform. Deputy International Trade and Industry Minister Ong Kian Ming said Miti was now identifying 500 SMEs for migration in 2019. […]
Export cargo volume at Penang airport seen rising 8%
GEORGE TOWN: The volume of export cargo handled at the Penang International Airport is projected to rise by 8% in 2018 to 69,630 tonnes from 65,747 tonnes in 2017. Penang Freight Forwarders Association secretary-general Ali Ahmad told StarBiz the increase indicated that the local electrical and electronic (E&E) industries was in a healthy state. “The […]
Promising days ahead for E&E industry in Penang
ELECTRICAL and electronic (E&E) companies in Penang have an added advantage as the demand for electric components is on the rise. investPenang director Datuk Seri Lee Kah Choon said with the Internet of Things, Industry 4.0, Big Data, artificial intelligence and more, there is a need for more electric components. Speaking at a press conference […]
CM wants Penang to be a global business services hub
GEORGE TOWN, Dec 6 — Penang will aim to grow its global business services (GBS) industry by constructing more office space to meet market demand, said Chief Minister Chow Kon Yeow. He also said the state government must take the lead as the sector was still in its infancy. “Now that we have some major […]
[Press Release] Micron Technology, Inc. Expands its Asian Foothold in Penang, Malaysia
PENANG, Malaysia, Nov. 30, 2018 – The Penang government today announced that Micron Technology, Inc. – an industry leader in memory and storage solutions – is to build a new center of excellence for SSD Assembly and Test in the state’s Batu Kawan Industrial Park. It is expected to add 1,000 local jobs in the […]
SONY’s Penang Tec Factory Not Just Into Production but R&D Too
THE next time you slip on a pair of headphones made by Sony, take a moment to inspect it a little closer. There is a good chance that the noise-cancelling headphone you use to make your flight more pleasant or the wireless earbuds that you listen to as you work out are actually made in […]
Aloft Hotel appointed to operate in Aspen Vision City in Penang
KUALA LUMPUR: The joint venture (JV) between Aspen Group and IKEA Southeast Asia has signed a memorandum of understanding (MoU) with Marriott International, appointing Aloft Hotel as the hotel operator in the planned development of Aspen Vision City in Batu Kawan, Penang. The hotel will be the first international branded hotel in Batu Kawan, Penang. […]
China Southern Airlines to increase Guangzhou-Penang direct flights
GEORGE TOWN (Nov 23): China Southern Airlines (CSA) plans to add more direct flights from Guangzhou to Penang by next year. CSA Penang General Manager Liu Zhen Hua said the airline would increase the flight frequency between the two destinations from seven flights per week to 11 flights per week. He noted there had been […]
PM unveils four-pronged strategy to boost manufacturing
KUALA LUMPUR: Tun Dr Mahathir Mohamad launched the National Policy on Industry 4.0 known as Industry4WRD — a four-pronged strategy to boost Malaysia’s manufacturing sector via higher productivity, contribution, innovation and more high-skilled workers. The four specific goals announced on Wednesday are: 1. To increase the level of productivity in the manufacturing industry per person […]
Beautiful green lung in the north
ASPEN Group together with its joint venture partner IKEA Southeast Asia opened the first phase of Central Island Park, a first-of-its-kind park covering a 10.12ha plot in Batu Kawan, Penang. It not only provides an exquisite green lung for Aspen Vision City but also forvisitors and the people in the northern region to relish. The […]
Foundation sponsors studies for 16
THE 16 young Malaysians, sponsored and funded by the Hong Leong Foundation, the charitable arm of the Hong Leong Group, have graduated from the Malaysian Meister Programme – Level 1 Skills Diploma in Mechatronics studies at the Penang Skills Development Centre. The sponsorship and funding were undertaken under the Foundation’s skills development programme to provide […]
Container terminal to be major player
GEORGE TOWN: With a RM500mil capital expenditure for the next five years, the North Butterworth Container Terminal (NBCT) is set to shed its image as a feeder port. For a start, a RM150mil expansion plan has been approved to upgrade its present facilities to accommodate bigger ships, said Penang Port Sdn Bhd’s (PPSB) chief executive […]
Sunway Penang Medical Centre set for completion by Q4 2020
BUTTERWORTH: The Sunway Group expects to complete phase one of the Sunway Medical Centre project in Seberang Jaya here by the fourth quarter (Q4) of 2020. Construction of the project with a gross development value (GDV) of RM300mil started yesterday. The 180-bed hospital will also have a six-bed intensive care unit. Phase two, for the […]
Penang Port signs RM155m Swettenham Pier redevelopment deal
GEORGE TOWN, Sept 6 ― Penang Port Sdn Bhd (PPSB) today signed a joint venture agreement with Royal Caribbean Cruises Ltd (RCCL) to redevelop and expand the Swettenham Pier Cruise Terminal (SPCT). SPCT will undergo a RM155 million expansion to extend the existing berth to 660 metres from the current 400 metres to enable the […]
AMCHAM Penang Dialogue 2018 – Penang’s Competitive Edge: Developing Talent for the Digital Age
PENANG, September 7, 2018 – The American Malaysian Chamber of Commerce (AMCHAM) was honored to host Y.A.B. Chow Kon Yeow, the new Chief Minister of Penang and The Honorable Kamala Shirin Lakhdhir, U.S. Ambassador to Malaysia, at the annual AMCHAM Penang Dialogue on 04 September. The 2018 theme, “Penang’s Competitive Edge: Developing Talent for the […]
AirAsia Indonesia, MHTC to promote Penang’s medical tourism sector
AirAsia Indonesia has signed an MoU with Malaysia Healthcare Travel Council (MHTC) to jointly promote Penang as Malaysia’s top healthcare tourism destination. MHTC will arrange medical tourism trips including doctor and hospital appointments, as well as airport pick-up services, for Indonesian passengers of AirAsia visiting Penang for medical treatment. AirAsia will provide exclusive flight discounts […]
AirAsia in the midst of getting a dedicated LCCT in Penang by 2022
KUALA LUMPUR (Aug 30): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said the budget airline is in the midst of getting a dedicated low-cost carrier terminal (LCCT) in Bayan Lepas, Penang by 2022, which will drive its cost lower. “AirAsia already occupies 50% of the capacity at the Penang International Airport […]
Penang launchpad for tech startups
TO BE part of Malaysia’s thriving tech and startup ecosystem, Kuala Lumpur and its surroundings are where most of the action is centred. However, up north from Kuala Lumpur, Penang is also on the move to becoming a more innovative and startup-friendly city. As one of the Penang state government’s initiatives to propel the city […]
Chow launches ambitious, four-prong Penang 2030 plan
GEORGE TOWN: 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”. Chow said the direction the state government was taking would be holistic and inclusive. “We have four teams that would be assigned […]
More flights to and from Penang with new LCCT
GEORGE TOWN: Soon more people can fly in and out of Penang without having to spend a bomb. 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. Sources said works were scheduled to start next year on a 22ha […]
Boost for tech start-ups
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. Chief Minister Chow Kon Yeow said the i4.0 Seed Fund gave funding for qualified high potential early stage technology start-ups. “We hope that this fund can enhance […]
Electronic industry is not slowing down
GEORGE TOWN: After four years of steady growth, the rather volatile electronic industry is not showing signs of slowing down, Pentamaster Corp Bhd chairman Chuah Choon Bin said. Since the introduction of mid-range smart phones and Internet-of-Things (IoT) devices and the adoption of electronic functions into the automotive industry, growth has steadied, Chuah said. “The […]
Captaining the ship in markets abroad
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. Its executive director Michael Chew, 38, is particularly excited about the company’s focus on China, where demand for natural health foods […]
CM says Penang to be ‘entrepreneur city’
GEORGE TOWN: 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. Sixteen companies received the allocation from the fund which is a programme to provide funding for qualified high potential early stage technology startups. Chief Minister Chow Kon […]
Low cost need not mean low quality
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. Finance Minister Lim Guan Eng said last week that an LCCT could be built within 18 months, which would be faster than […]
Alibaba Cloud to kickstart its digital education programme
KUALA LUMPUR: Alibaba Cloud Malaysia, a subsidiary of the Alibaba Group, plans to kickstart its digital education programme, the Tianchi Big Data Programme, in Sabah, Penang and Johor Bahru by year-end. General manager Kenny Tan said the programme was a collaboration with Malaysian Digital Economy Corporation Sdn Bhd (MDEC). “Infrastructure such as Internet connection in […]
Malaysian chip and plastic makers gain from trade war
GEORGE TOWN: Local electronic and plastic manufacturers are the beneficiaries of the ongoing trade war between the US and China. Globetronics Technology Bhd chief executive officer Heng Huck Lee (pic) told StarBiz the group had received enquiries from potential Chinese consumer and smart electronic products manufacturers interested to engage with Malaysian manufacturers to produce for […]
LCCT in Penang’s flight plan
GEORGE TOWN: If Penang gets a low-cost carrier terminal (LCCT), it will likely be to the south of the current passenger terminal and only about 1km from the proposed islands to be reclaimed off the southern coast of Penang island. It has been the dream of AirAsia and the Penang government to have the facility […]
Finally, Penang airport expansion plans set to take off
GEORGE TOWN: The Transport Ministry has outlined several short and long-term measures to address the lack of capacity at the Penang International Airport (PIA). Penang Chief Minister Chow Kon Yeow said this was conveyed in a written reply by Transport Minister Anthony Loke Siew Fook on Monday. Chow, who is also Tanjung MP, had asked […]
MITI forms task force to monitor US-China trade war
KUALA LUMPUR: The International Trade and Industry Ministry (MITI) has set up a task force in July to monitor and assess the developments of the United States-China trade conflict. 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 […]