Following Malaysian Prime Minister, Tan Sri Muhyiddin Yassin’s declaration that the entire country will be on a movement control order starting from 1st June to 14th June 2021, to deal with the rise in Covid-19 cases, InvestPenang would like to inform that:
• InvestPenang office will be closed from 1st June to 14th June 2020. Operation will resume on 15th June, unless there are further directives from the government
• InvestPenang team will still be working from home and reachable via emails. Please refer to our respective emails at https://investpenang.gov.my/about-invest-penang/.
We remain committed to support our stakeholders through this difficult time.

WHAT’S HAPPENING

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

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]