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View major news and upcoming events to explore Penang’s thriving key industries.

Penang pledges US$1 million to boost local tech start-ups

GEORGE TOWN: Penang has pledged US$1 million (RM3.9 million) in seed capital for the state to meet its potential as a hardware hub for tech start-ups throughout the region. Noting that Penang is on its way to cementing its status as the “Silicon Valley of the East,” Chief Minister Lim Guan Eng said the start-up […]

Penang has to be a smart city that is digitally connected

GEORGE TOWN: In order to make Penang a prefered destination for tourism, investment and quality living, Penang has to be a smart city that is digitally connected, said Chief Minister Lim Guan Eng. He said as a world-class hub to numerous international and domestic investments as well as excellent infrastructure and good governance, there will be […]

The Malaysian region that became a hardware hub

   The small Malaysian state of Penang is punching well above its weight in the tech world through hardware manufacturing. Similar to the way Silicon Valley developed, local engineers from big tech manufacturers are leaving to strike out on their own, creating a growing ecosystem. So could Penang be Asia’s next Silicon Valley? Video […]

Jabil finds home in refurbished mall

MULTINATIONAL corporation Jabil Inc has secured its place as a tenant of the Global Business Centre (GBC) in Penang at GBS@Mayang in Bayan Baru. As a major tenant of the building, Jabil will occupy two floors covering over 72,700 sq ft, which will allow the company a future head count expansion of 1,000 executives. Jabil […]

Jabil expands and relocates in Penang

EMS provider Jabil says it’s expanding and relocating its Global Business Centre (GBC) in Penang, Malaysia. The company will relocate from Penang’s Bayan Lepas Industrial Park to GBS@Mayang in order to accommodate future growth and capabilities improvement plans Occupying two floors at over 72’700 square feet (6’750 square metres), the GBC will be the major […]

BBS Automation celebrates its 30th year

DEPUTY Chief Minister I Datuk Mohd Rashid Hasnon attended the 30th anniversary celebration of BBS Automation on Jan 11. The event marked the continued confidence of BBS, with its headquarters in Germany, towards Penang as an intelligent, international and liveable city. Mohd Rashid, in his speech, paid tribute to German investments in the state which […]

Penang expects record RM10b investments for 2017

GEORGE TOWN, Jan 4 — Penang is expecting to top the manufacturing sector in the country with over RM10 billion in approved investments for the whole of 2017. Penang Chief Minister Lim Guan Eng said the Malaysian Investment Development Authority’s latest report placed Penang at the top in the country with a total RM8 billion […]