SIMMTECH Expands Footprint in Penang
Penang, July 30, 2021 – The Penang State government is pleased to announce that Korea-headquartered Simmtech Holdings Inc. (Simmtech), one of the global leading players in printed circuit board (PCB) and packaging substrate for the semiconductor industry, has chosen an 18-acre site at Batu Kawan Industrial Park, Penang, Malaysia for its first large scale […]
[Press Release] Public-Private Dialogue: Making Inroads to Tamp Down Covid Repercussions
PRESS RELEASE For Immediate Release Public-Private Dialogue: Making Inroads to Tamp Down Covid Repercussions The discussion focuses on the multifaceted efforts by the Penang government in addressing industries’ concerns brought by the pandemic as well as to exchange views in strengthening the existing approaches. The State government is confident that the recovery path in Penang […]
American High-Tech Company, Applied Engineering Inc. Setting-Up Joint Venture Operations with Malaysian QES Manufacturing Sdn. Bhd.
July 15 – US-based Applied Engineering (AE) from San Jose, California will be establishing a joint venture (JV) plant with Malaysian counterpart, QES Manufacturing Sdn. Bhd. (QES) in Batu Kawan Industrial Park, Pulau Pinang later this year. Both parties signed an agreement to establish, Applied Engineering Technology (M) Sdn Bhd (AET), a JV company, to […]
Penang Air Cargo to Improve Further
July 5 – After experiencing eight quarters of sluggish business, the Penang air cargo industry expects to see an increase in the volume of outbound and inbound cargo this year. Penang Freight Forwarders Association (PFFA) honorary secretary-general Ali Ahmad (pic, below) said the association was confident the exported cargo volume would rise by at least […]
[Press Release] Decentralizing National Recovery Plan
Penang, July 3, 2021 – On June 15, Prime Minister Tan Sri Muhyiddin Yassin announced a four-phase National Recovery Plan (NRP) with three main threshold indicators to be met before the nation can move on to the next phase. We welcome the federal government’s gradual Covid-19 exit plan that provides clear threshold indicators. However, it […]