Kindly be informed that InvestPenang team continues to work from home and is reachable via emails. Please refer to our respective emails at https://investpenang.gov.my/about-invest-penang/.
Should you need to meet up , we are conducting our meetings virtually. You may connect with us for further arrangements.

WHAT’S HAPPENING

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

Spotlight on Lam Research – Expanding Capacity as a Global Company

By NG Bee Bee, President SEMI Southeast Asia Interview with Andrew Goh, Vice President & General Manager South East Asia at Lam Research Question: Thank you for taking the time to sit down with SEMI Southeast Asia. Before we delve into details, could you share with our readers a quick introduction to Lam Research SEA? […]

PDC Affordable Housing Scheme

Penang Affordable Housing Scheme Penang Affordable Housing Scheme (PMM) is a Penang State Government initiative in an effort to provide quality housing at affordable prices for Penangites. Through the PMM scheme, the State Government aims to provide a range of affordable homes in various strategic locations across Penang. For more info, please visit https://www.pdc.gov.my/index.php/en/core-areas/property/affordable-housing-scheme.

Latest Update as of 24 June 2020 Entry Permission for Expatriates

Latest Update as of 24 June 2020 Entry Permission for Expatriates with an Active Pass and Approved Application who are Abroad as Announced by the Malaysian Government on 19 June 2020 24 June 2020 1. This is in conjunction with the recent announcement made by the Government of Malaysia for expatriates to enter Malaysia without […]

[Press Release] DexCom, Inc.’s investment further enhances Penang’s position as a leading medtech hub

      Press Conference – Dexcom’s investment announcement (24 Jun 2020): https://www.facebook.com/buletinmutiara/videos/289335712258255/ Click HERE for CM’s speech. PENANG, June 24, 2020 – The Penang state government is pleased to announce that DexCom, Inc., a global leader in Continuous Glucose Monitoring (CGM) systems, has selected Penang, Malaysia, to expand its production capacity. The S&P 500 […]

Allen Healthcare plays its role in developing test kits

In this series of ‘Made in Penang: Pitching in to fight Covid-19’, InvestPenang continues to feature Penang companies and products that support local and global healthcare needs during this pandemic period. This fourth article in this series focuses on rapid test kits by Allen Healthcare Products (AHP).   Established in 1997, AHP is an ISO13485:2016 […]

Cytron innovations that empower digital makers

In this third article of ‘Made in Penang: Pitching in to fight Covid-19’ series, investPenang continues to feature Penang companies and products that support local and global healthcare needs during the pandemic period. This article looks at how 3D printers and materials for production by Cytron are used for the production of PPE by the […]

UW Healthcare production of Covid test booth, disposable oxygen prefilled humidifier, inhaler spacer and hand sanitizer

IN this series of ‘Made in Penang: Pitching in to fight Covid-19’, investPenang continues to feature Penang companies and products that support local and global healthcare needs during the pandemic period.  UW Healthcare was established in 2011 with full-fledged in-house capability in research and development (R&D), validation, production, chemical and microbiology functions. The quality management […]

Texchem-Pack’s production of ‘Tex-Shield’ face shields

InvestPenang has come up with the ‘Made in Penang: Pitching in to fight Covid-19’ series of article to highlight companies and products manufactured in the state, and they support the local and global healthcare system during the pandemic period. The subsidiary of Penang-headquartered Texchem Resources, Texchem-Pack, was the first to be highlighted. Texchem-Pack is a […]

Attractive tax incentive for company relocating to Malaysia

On 5 June 2020, government announced several attractive incentives for company that relocating to Malaysia: 0% tax rate for 10 years for new investment in manufacturing sectors with capex between RM300-500 million 0% tax rate for 15 years for new investment in manufacturing sectors with capex above RM500 million 100% Investment Tax Allowance for 3 […]

PENANG E-LEARNING COMPUTER PROGRAMME

The Penang government has announced the formation of an ‘E-Learning Computer Program’ Task Force on 21 May 2020 dedicated to tackle the challenges of e-learning such as lack of internet connectivity and computer devices and so on. The task force consists of government agencies, private corporations, non-governmental organisations (NGOs) and dedicated individuals, aims to ensure […]

[Press Release] Bosch Malaysia to set up new plant in Penang

June 3, 2020 Bosch Malaysia to set up new plant in Penang Construction of new semiconductors test center starts 2021 Bosch Malaysia and Penang Development Corporation sign an agreement for the land purchase in Batu Kawan Industrial Park, Penang New manufacturing facility to focus on semiconductor testing Penang, Malaysia – Bosch, a leading global supplier […]

B. Braun Expands its Global Test Centre For Medical Devices in Penang, Proving Malaysia’s Capabilities in Scientific Measurement

MEDIA STATEMENT FOR IMMEDIATE RELEASE B. BRAUN EXPANDS ITS GLOBAL TEST CENTRE FOR MEDICAL DEVICES IN PENANG, PROVING MALAYSIA’S CAPABILITIES IN SCIENTIFIC MEASUREMENT Penang, 2 June 2020 – B. Braun, one of the largest medical technology companies in the world, headquartered in Germany, announced the expansion of its portfolio of testing capabilities for healthcare solutions […]