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.

Singapore Airlines / SilkAir flight schedules from US to Penang International airport

We are sharing the Singapore Airlines / SilkAir flight schedules from US to Penang International airport: https://investpenang.gov.my/wp-content/uploads/2020/11/Singapore-Airlines-SilkAir-Flight-Schedule.pdf As more direct flights resume , we will provide further updates.  

New Job Portals to Assist Technicians and Operators

November 18 – Manufacturing operators and technicians who are seeking job opportunities can check out two new job portals. The digital platforms – OperatorPengeluaran.my and Technicians.my – were built for manufacturing operators and technicians. It is also a place for manufacturing companies to select the right candidates for the jobs. The platforms were successfully provided, […]

[Press Release] Penang Garnered RM10.6 billion of Approved Manufacturing Investment in Jan – Sep 2020

Penang attracted a resilient RM1.5billion of approved manufacturing investment in Jul-Sep 2020, with a remarkable 73% of the total amount contributed by DDI. Meanwhile, Penang’s cumulative manufacturing inflows in Jan-Sep 2020 stood at RM10.6 billion, of which 83% of the amount was contributed by FDI, making Penang the second highest contributor in approved manufacturing FDI […]

Malaysia Signs RCEP, World’s Largest Free Trade Agreement

Nov 15 – Malaysia today signed the historic Regional Comprehensive Economic Partnership (RCEP) Agreement with 14 other RCEP Participating Countries (RPCs). Senior International Trade and Industry (Miti) Minister Datuk Seri Mohamed Azmin Ali described the signing as the highest point of the virtual 37th Asean Summit, led by Prime Minister Tan Sri Muhyiddin Yassin. Azmin […]

Malaysia Continues to be a Vibrant Manufacturing Hub, Recording RM65.3 Billion of Approved Investments in the Manufacturing Sector for Jan – Sept 2020

Nov 9 – Malaysia continues to be a competitive location for manufacturing projects. In the first nine months of 2020, a total of 740 projects worth RM65.3 billion were approved compared with RM56.0 billion in 669 projects in the corresponding period of 2019, representing an increase of 16.6 per cent in capital investments. These newly […]

Western Digital to Invest RM2.3b in Malaysia

Nov 5 – Western Digital, a leading digital storage equipment manufacturer, has decided to invest an additional RM2.3 billion to upgrade its facilities and boost its production capacity in Malaysia. “This was agreed on during a meeting between Prime Minister Tan Sri Muhyiddin Yassin and group chairman of Western Digital Malaysia, Datuk Dr Syed Hussian […]

Media Statement by The Chief Minister of Penang on 5 November 2020 at KOMTAR, George Town

To all my fellow Penangites, In view of the of the Conditional Movement Control Order (CMCO) in Mukim 12, Southwest District which would be enforced tomorrow from 6 November until 19 November 2020, I have had further discussion with the Director of the State Security Council Committee (MKNPP) to scrutinize the Standard Operating Procedures (SOP) […]

Mukim 12 under the Barat Daya district of Penang will come under a conditional movement control order (CMCO) from 6 to 19 November 2020

Mukim 12 under the Barat Daya district of Penang will come under a conditional movement control order (CMCO) from 6 to 19 November 2020. Detailed SOPs will be finalised and published by 5 November afternoon. Please check MBPP, Invest Penang website or Penang Lawan Covid-19 facebook for further details.

Malaysia Ranks Fourth in Cost of Doing Business Index — KPMG Study

Nov 3 – Malaysia is ranked fourth among seventeen economies in an assessment comparing the economy’s competitiveness as a manufacturing hub, outperforming others in the region such as China, Japan, Vietnam and India, according to a recent study by KPMG. “Malaysia is one of the most promising countries [to be a prime manufacturing hub for […]