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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 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 […]