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

Building Back Better: A Sustainable, Resilient Recovery for Malaysia’s E&E Industry

Dec 28 – The year 2020 has all the makings of a momentous year. The Covid-19 outbreak has sent global industries and economies into a tailspin, posted significant threats to the healthcare system, severely disrupted the supply chain and dampened consumer spending. In Malaysia, the Movement Control Order (MCO) kicked off on 18th March, and […]

Penang First State to Install Fibre Optic Infrastructure as Basic Utility, Says Committee Chairman

Dec 21 – Penang has emerged as the first state to enforce the installation of fibre optic communication infrastructure as a basic utility equivalent to water and electricity supplies. State Public Works, Utilities and Flood Mitigation Committee chairman Zairil Khir Johari said it was now compulsory for developers to install fibre optic telecommunications infrastructure in new buildings and […]

Building Tomorrow’s Talent for Industries of the Future

Dec 21 – The emergence of disruptive technologies, pursued after the Covid-19 outbreak, has intensified the world’s adoption of automation and digitalisation to embrace new ways of doing things. The pandemic has severely affected the economy and financial markets with significant reduction of income, rise in unemployment and disruption to both supply and demand in […]

Malaysia’s 2021 Economic Recovery Underpinned by Effective Vaccine Roll-out, Says World Bank

Dec 17 – Malaysia’s economic recovery in 2021 will be underpinned by the effective roll-out of a Covid-19 vaccine, according to the World Bank Group. In a press conference following the launch of its Malaysia Economic Monitor, World Bank senior economist Shakira Teh Sharifuddin said the growth next year would partly be driven by a […]

Malaysian Companies to Leverage on Opportunities from China’s Technological Rise

Dec 17 – Deputy Minister of International Trade and Industry of Malaysia YB Datuk Lim Ban Hong calls for greater collaboration in the area of high-technologies between Malaysia and China to further strengthen bilateral trade, investment, and economic cooperation. This is crucial in expediting Malaysia’s economic recovery due to the COVID-19 pandemic. This was what […]

Tech: US-based Chip Gear Giant Lam Research’s Largest Facility to be Built in Penang

Dec 9 – If you have ever wondered about the electronic devices we use every day, you may be surprised to learn that Lam Research is involved in nearly all the advanced chips built today. “Today, each leading-edge device that has any memory or logic chip in it has, at some point, been made using our […]

One Stop Centre for Business Travellers “Welcoming Investors, Keeping You Safe”

MEDIA RELEASE FOR IMMEDIATE RELEASE ONE STOP CENTRE FOR BUSINESS TRAVELLERS “WELCOMING INVESTORS, KEEPING YOU SAFE” PROGRESS UPDATES Kuala Lumpur, 30 November 2020 – The volatile global economy, afflicted by the COVID19 pandemic, has impelled most countries to implement assertive strategies to remain sturdy in economic well-being. Malaysia, as an open trading nation is not […]

Malaysia Records Total Approved Investments of RM109.8 Billion in the Economy, Creating 64,701 Job Opportunities for January – September 2020

Dec 1 – Malaysia recorded a total of RM109.8 billion worth of investments in the manufacturing, services and primary sectors for the first nine months of 2020. These investments involved 2,935 projects and will create 64,701 jobs opportunities in Malaysia. Of the total investments approved, domestic direct investments (DDI) accounted for 61.2 per cent, or […]