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

In-kind Donations by Boston Scientific to USM and JPN

Mar 31 – Committed in cultivating Penang’s talent pool, Boston Scientific, a world-renowned medical device manufacturer has recently contributed millions of in-kind donations to University Science Malaysia (USM) and Penang State of Education Department (JPN). RM1.5 million worth of donated items, including tables, microscopes, shelves and calipers were donated to USM to help in setting […]

MIDA to Deliver Better Investor Experience with Re-engineered Processes, Launch of InvestMalaysia Portal

Mar 30 – ​The Malaysian Investment Development Authority (MIDA)’s digital transformation initiative or better known as InvestMalaysia Portal, an online application submission portal, is now open to the public. “As Malaysia is adapting to this new normal, MIDA’s role is more crucial than ever to help businesses thrive and create a better future for our […]

Exciting Times for Penang

Mar 29 – The Penang government will continue to focus on advanced manufacturing, besides further strengthening the industry clusters and making aggressive efforts to attract new talents to Penang this year. State Entrepreneurial Development, Trade and Industry Committee chairman Datuk Abdul Halim Hussain said it is important to ensure that Penang remains a destination of […]

MITI Introduces Safe@Work Initiative for Close Contact Workers

Mar 18 – The international trade and industry ministry (Miti) has introduced the Safe@Work initiative for companies to isolate workers identified as close contacts of a Covid-19 case. In a statement today, senior minister Mohamed Azmin Ali said close contact staff could continue to work under a new “safe work bubble” protocol. This would involve […]

Clarivate Opens Doors to Global Business Centre in Penang

Mar 13 – CLARIVATE Plc, a global leader in providing trusted information and insights to accelerate the pace of innovation, has opened the doors to its new global business centre (GBC) in Penang. The GBC serves as a central hub, providing sales and customer support to global customers. It is one of three Clarivate GBCs […]

Penang Launches RM50m Digital Transformation Masterplan

Mar 12 – Penang Chief Minister Chow Kon Yeow today launched the Penang Digital Transformation Masterplan to ramp up the state’s technological leap forward over the next three years. The masterplan falls under the state’s Digital Penang initiative formed nine months ago. “The Digital Transformation Masterplan and the establishment of Digital Penang was identified as […]

Company Sponsors Programme for Women

Mar 11 – Entrepreneurship among women can now reach greater heights through the ‘Women Entrepreneurship with Exabytes’ initiative by digital solutions provider Exabytes. Launched in conjunction with International Women’s Day 2021, the initiative aims to nurture entrepreneurship in 100 women across the country and in Singapore with free websites or online stores. The company’s founder […]

Heightened Semiconductor Demand to Continue in the Long Term — Lam Research

Mar 8 – Semiconductor equipment manufacturer Lam Research Corp is expecting the current heightened demand for semiconductor chips to continue in the long term as technology becomes increasingly involved in more aspects of life, and sees its new factory in Batu Kawan, Penang, helping it to address this greater demand. At a press conference following […]

Penang’s Manufacturing Sector Gets A Shot in the Arm with New Jobs

Mar 8 – Penang’s manufacturing sector, which has not been spared the impact of the global Covid-19 pandemic, received a shot in the arm today. The Northern Corridor Implementation Authority (NCIA) via its JomKerja@NCER initiative, has joined forces with Jabil Circuit Sdn. Bhd and Inari Amertron Bhd to create 2,000 jobs in the northern region. Jabil […]

RCEP: Business Community Must Adopt Company-Centric Strategy

Mar 5 – While joining mega trading blocs may be the solution for companies hit by the repercussion of the Covid-19 pandemic, the business community must always adopt a company-centric strategy. Special investment advisor to the Penang chief minister, Datuk Seri Lee Kah Choon said the Regional Comprehensive Economic Partnership (RCEP), targeted to come into […]

[Press Release] 2020 Approved Manufacturing Investments Reached RM14.1 Billion; Second Highest in the History Amidst Challenging Times

Penang garnered approved manufacturing investments of RM3.5 billion in 4Q20, bringing cumulative inflows to RM14.1 billion for 2020. Despite the many uncertainties in place, 2020’s investment achievement was the second highest in the history, reflecting investors’ continued confidence in Penang as a sustainable investment location.   Penang, March 4, 2021 – Underpinned by both new and […]