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 […]
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 […]
Kumpulan Perangsang Selangor unit buys Penang land to build EMS factory
KUALA LUMPUR (July 17): Diversified group Kumpulan Perangsang Selangor Bhd’s (KPS) indirect wholly-owned subsidiary CPI (Penang) Sdn Bhd is buying a 4.5-acre piece of land in Bayan Lepas Industrial Park, Penang for RM27.7 million, on […]
IKEA to recruit staff for 200 new jobs at Penang store
KUALA LUMPUR (July 17): Swedish home furnishings retailer IKEA has launched a recruitment drive to fill more than 200 positions at its new store in Batu Kawan, Penang, which is scheduled for opening on March […]
Western Digital to close its iconic PJ factory
After over 20 years in operation, Western Digital Corporation announced that it will be shutting down its HDD (hard disk drive) manufacturing facility in Petaling Jaya, Selangor, by the end of this year. Western Digital […]
Penang to be first state in M’sia to use 100% led street lighting
GEORGE TOWN: Penang will be the first state in Malaysia to have 100% Light Emitting Diode (LED) street lighting by 2020. State Housing, Local Government, Urban and Rural Planning Committee chairman Jagdeep Singh Deo said […]
Will JEP raise its cost competitiveness with new Penang plant?
SINGAPORE (July 13): Andy Luong, new controlling shareholder and executive chairman at JEP Holdings, says Singapore is not a cost-competitive location for a precision engineering firm like his. To improve JEP’s performance, Luong’s immediate plan […]
Penang-born Broadcom chief inks US$19b deal to buy software firm CA
NEW YORK: Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors’ confidence in its Chief Executive Tan […]
Grooming state to be logistics hub
A STRONG logistics network is necessary to spur the growth of investments in the state. Chief Minister Chow Kon Yeow said the logistics providers in Penang not only supported local factories but also served the […]
ICCL’s new regional distribution center will beef up connectivity in the halal logistics industry
BUKIT MERTAJAM: Integrated Cold Chain Logistics Sdn Bhd (ICCL), a leading total logistics company in the country, launched its new one-stop regional distribution and centre of excellence for the halal logistics industry. The RM51 million […]
Penang recorded RM1.02b investments in Q1 of 2018, says chief minister
BUKIT MERTAJAM, July 7 ― Penang has recorded total investments of RM1.02 billion in the first quarter (Q1) of this year, comprising foreign direct investments (FDI) of RM580 million and domestic investments of RM438 million. […]
US firms in Penang to stay, envoy says after Najib court cases
GEORGE TOWN, July 5 — American companies based in Penang will not be returning home despite the US presidential tax break offer and the change of government in Malaysia. US Ambassador to Malaysia Kamala Shirin […]
Trade war between US and China may be an opportunity for Malaysia, says MITI minister
KUALA LUMPUR (July 5): Newly-minted Minister of International Trade and Industries Darell Leiking said the looming trade war that might be happening between the U.S. and China may present an opportunity for Malaysia to be […]
AirAsia strengthens Penang hub with two new routes
TRAVELLERS can now look forward to more flights with AirAsia, which marked another milestone with two inaugural flights from Hanoi, Vietnam, and Phuket, Thailand, into its Penang hub at the Penang International Airport. AirAsia Malaysia […]
11th MP review to focus on FDI
KUALA LUMPUR: The 11th Malaysia Plan’s (11MP) midterm review will focus on sustaining the flow of foreign direct investment (FDI) into the country and will be tabled on Oct 18, says Economic Affairs Minister Datuk […]