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

App-solutely amazing win

INTI International College Penang students won the regional app award at a Code-a-Thon in Singapore. Five students pursuing their Bachelor of Science degree won the ‘Most Socially Impactful Award’ under the university category of the hackathon organised by Code for Asia Singapore. They grabbed a cash prize of S$500 for their app dubbed ‘The FriendZone,’ […]

FedEx Malaysia trains eye on growth post-merger

KUALA LUMPUR: Following the merger of its parent company with rival TNT Express a year ago at the global level, FedEx Malaysia is now positioning itself for greater growth in the country. “Our aspiration is to always be better [than before],” FedEx Malaysia managing director Chong Siang-Chung told The Edge Financial Daily in an interview, […]

Direct daily flights between Taipei and Penang, Malaysia coming soon

TAIPEI (Taiwan News) – According to the Chief Minister of Penang in Malaysia, the local government has established an agreement with Taiwan’s China Airlines, that will see direct daily flights from Taipei to Penang starting in June. The airline flight schedule has already been determined and daily flights to Penang, one of Malaysia’s top tourism […]

Texchem allocates RM40m to expand 3 divisions

GEORGE TOWN: Texchem Resources Bhd will spend RM40mil to expand its restaurant, industrial and food businesses this year. Group executive chairman Tan Sri Fumihiko Konishi said about RM25mil would be used to set up 20 Sushi King and three Hoshino Coffee outlets in the country. “Hoshino Coffee is the latest addition to the restaurant business. The […]

PFFA: Cargo handled at Penang Port expected to increase 10% this year

GEORGE TOWN: The cargo handled at Penang Port Sdn Bhd (PPSB) in 2018 is expected to increase by 10% this year. Penang Freight Forwarders Association (PFFA) president Krishnan Chelliah told StarBiz that for the first quarter of 2018, the cargo handled was 371,270 TEUs, an improvement from 355,381 TEUs achieved in the same period a year ago. […]

Aricent Now Hiring to Staff New VLSI Engineering Center in Penang, Malaysia

SANTA CLARA, Calif., April 22, 2018 (GLOBE NEWSWIRE) — Aricent, a global design and engineering company, today announced the opening of a new engineering center in Penang, Malaysia. This state-of-the-art center will provide semiconductor design services such as very-large-scale integration (VLSI) for global leaders in Malaysia and throughout Southeast Asia. “The vibrant growth of technology in […]

Growing from strength to strength

PMC is awarded foreign university branch campus status. PENANG Medical College (PMC) has been awarded foreign university branch campus status by the Higher Education Ministry. It will now be known as the Royal College of Surgeons in Ireland (RCSI) and University College Dublin (UCD) Malaysia Campus – or “RCSI & UCD Malaysia Campus” (RUMC) for […]

Citi says all corporate transactions in M’sia to be fully digitised by 2019

KUALA LUMPUR: Citibank Bhd expects all transactions by its corporate clients to be done entirely via the digital space next year, making it the first bank in the country to achieve a full digital service, as Malaysian corporates continue embracing digitisation. Citi managing director of Asean cash product management and Malaysia country head Noel Saminathan […]

Penang council plans to repopulate George Town using co-living spaces

GEORGE TOWN, April 18 — The Penang Island City Council (MBPP) is working to draw people back to George Town by turning heritage shophouses into co-working and co-living spaces. Mayor Yew Tung Seang said the heritage shophouses in the heritage zone were originally meant to be a mix of commercial and residential spaces, with the […]

SEMI Postpones SEMICON Southeast Asia 2018 to make way for Malaysian Election

KUALA LUMPUR – 13 April 2018 – SEMI, the industry association representing the global manufacturing supply chain, today announced postponement of SEMICON Southeast Asia frmo 8-10 May 2018 to 22-24 May 2018. The postponement is in view with the recently announced Malaysian election planned for 9 May 2018. The venue for SEMICON Southeast Asia, the newly constructed Malaysia International Trade […]

Penang announces RM6m sponsorship for apprenticeship programme

GEORGE TOWN, April 13 — The Penang government will be extending its sponsorship to apprenticeship programmes in electronics to RM6 million, Lim Guan Eng announced today. The caretaker Penang chief minister said the funds is to top up the RM2 million sponsorship released in 2015 for the Malaysian Meister programme Level 1 (MMPL1) Mechatronics programme. […]

Excellent choice for the industry

Both are located on the state’s mainland — within the Batu Kawan SME Village, as well as the Bukit Minyak Industrial Park. Those considering a property for an industrial enterprise, should check them out at the fair in Queensbay Mall from tomorrow to Sunday. PDC’s 60.7ha (150-acre) Batu Kawan SME Village is a multi-stage development, […]

E&E industry to stay ‘rosy’ in 2018, says SEMI

KUALA LUMPUR: The global semiconductor industry is estimated to grow at a slower but healthy rate of 8% to 12%, according to Semiconductor Equipment and Materials International (SEMI). This was in comparison with the 21.6% year-on-year growth seen in the global semiconductor market last year, which posted sales of US$412.2 billion. “Last year was just […]

Tech firms up prices on weaker dollar

Manufacturers say demand for semiconductor equipment still on uptrend GEORGE TOWN: At least two major semiconductor test-equipment and sensor manufacturers have raised selling prices to offset the impact of a weaker dollar. A few other tech manufacturers are maintaining their prices for now to stay competitive in the cut-throat semi-conductor industry where margins are narrow. […]

An electrifying success

ASPIRING IT engineer Ooi Wei Wen, 16, came away with a sense of confidence that women could achieve anything if they set their mind to it after attending the Women in Zcience Conference and Workshop 2018 (WiZ2018) at the Tech Dome Penang in Komtar. A Form Four student of SMJK Union, Wei Wen said she […]

Mida on track to hit RM200bil target for 2018

GEORGE TOWN: The Malaysian Investment Development Authority (Mida) aims to achieve 50% of the targeted RM200bil investments for 2018 by the middle of the year. Chief executive officer Datuk Azman Mahmud (pic) said to be on track to achieve the RM200bil target, Mida would need to rope in 50% by the middle of 2018. “Until February, […]

Sheet metal fabrication firm opens new RM150mil plant in Batu Kawan

SHEET metal fabrication manufacturer UWC Group of Companies has opened its new plant in Batu Kawan Industrial Park in Bandar Cassia, Penang, with a RM150mil investment. The 5ha (12.5-acre) plant boasts a built-up area of 32,516sq m (350,000sq ft). It is equipped with state-of-the-art machinery and assembly lines for the production of diffusion pumps, semiconductor […]

Penang announces carrots for SMEs

GEORGE TOWN, April 4 — The Penang government introduced a new incentive programme today for local small-medium enterprises (SME) in a bid to drive up investment in the state. Penang Chief Minister Lim Guan Eng said the Penang SME Centre will offer a 50-per cent discount for the rental of unfurnished units in the centre. […]

Nurturing future programmers

IT was a thrill for 30 children to learn about basic coding at the Penang Digital Library in Jalan Mesjid Negri. During the two-hour programme, the kids, aged between seven and 15, from the Padang Kota constituency were seen keenly taking part in the activity which required them to issue instructional commands to get to […]

Tech Dome comes up with various programmes to excite young minds

EMPHASISING the hands-on approach to science, students will be able to get extra insight on experiments and technology at Tech Dome Penang. In conjunction with the nationwide Science Week, Tech Dome will be hosting students from 75 selected schools this week with fun workshops, exhibitions, programmes and science shows. They will get to try their […]

Hospital offers loyalty programme with benefits

PANTAI Hospital Penang has become the first hospital in the state to launch a Family Rewards Club programme to enhance the healthcare needs of people irrespective of age. Its chief executive officer Pan Wen Lek said the club, touted to be the second only in peninsular Malaysia after the one at the Pantai Hospital in […]

Penang launches RM6m ‘Coding for All’ scheme

GEORGE TOWN, April 2 — Penang introduced the “Coding for All” initiative today to encourage the state’s primary and secondary school students to take up computer programming. The initiative, which expands on the Code-on-Wheels scheme, is a three-year programme to cultivate coding skills among Penang students and valued at RM6 million. “This initiative will provide […]

ViTrox set to grow market share

Vitrox Corp Bhd (March 30, RM5.35) Maintain hold with an unchanged target price (TP) of RM5.85: In our recent company visit, we gathered some positive key takeaways as management appeared confident to bring Vitrox Corp Bhd (ViTrox) to another new height in FY18. Although it ended FY17 at parity, bill-to-book ratio has been gaining momentum, reaching […]

Penang Adventist Hospital unveils RM3.3m heart centre

GEORGE TOWN: The Penang Adventist Hospital has officially unveiled its new RM3.3 million heart centre to meet increasing needs in heart health. Its president and chief executive officer, Ronald Koh said the hospital’s current heart centre had been operating at the maximum capacity for a while and due to demand, it decided to invest in […]