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

Penang to Host SEMICON Southeast Asia 2022

Dec 15 – SEMI’s annual semiconductor trade show and conference—SEMICON Southeast Asia 2022—will take place in Setia SPICE Arena & Convention Centre in Penang, Malaysia from June 21 to 23. Themed Forward as One—Building A Resilient and Sustainable Electronics Supply Chain in Southeast Asia, SEMICON SEA 2022 will shine a spotlight on the supply chain disruptions […]

[Press Statement] 2022: The year of cautious recovery for Penang

PRESS STATEMENT BY DATO’ SERI LEE KAH CHOON 24 DECEMBER 2021 GEORGE TOWN, PENANG 2022: The year of cautious recovery for Penang If one’s business is still intact, 2022 will be the year of cautious recovery. Opportunities: As the world economy continues to open up, there is high expectation that the worst may be over. […]

[VAT Media Release] Expanding Production Capacity in Penang, Malaysia

Dec 17 – VAT, the global leader in high-vacuum technology for the semiconductor, digital display and other high-precision industries, today announced its biggest-ever capital investment program to strengthen the foundation for sustainable future growth. As part of its annual strategic review and in expectation of continued sustainable growth, VAT intends to invest approximately CHF 160 […]

[Press Release] Intel Starts Construction of New Production Facility at Bayan Lepas FTZ 3, Penang, as Part of its US$7 Billion Expansion Project

PRESS RELEASE Embargo until 17 Dec 2021, 10:05 MYT Penang, Dec 17, 2021 – Intel Corporation’s (Intel) groundbreaking ceremony today marks the construction of its new production facility at Free Trade Zone Phase 3, Bayan Lepas Industrial Park, Penang as part of its US$7 billion (RM30 billion) expansion project. The ceremony is officiated by the […]

Monograph on Award-winning Malaysian ‘Factory in the Forest’ Launched

Dec 9 – Taxi or e-hailing drivers sometimes wonder if they have arrived at the wrong location when they reach the Paramit Malaysia factory at Penang Science Park, an industrial area on the island. That’s because unlike the typical staid facades of manufacturing plants, Paramit’s modern design – flush with greenery – has had some […]

Penang Taps into the Potential of Global Business Services

Dec 8 – The Penang Development Corporation (PDC) is planning to set up two more Global Business Services (GBS) buildings in the state to meet the growing needs of the GBS market. One of them will be located near the existing GBS@Mayang, while the other will be situated in the Bayan Lepas industrial area. Chief Minister Chow […]

MMS Ventures Switches Strategy to Boost Machine Sales Volume

Dec 8 – Many companies — such as tech giant Apple and Tesla Motors — have successfully used the blue ocean strategy to create new markets for their products. While it helps companies stand out and improve profitability, it is not without challenges. According to MMS Ventures Bhd (MMSV) co-founder and CEO Sia Teik Keat, […]

My Penang, My Workplace – Onwards & Upwards: Explore New Careers in Penang #4

The fourth webinar series of the Onwards & Upwards: Explore New Careers in Penang, organized by InvestPenang via Penang CAT Centre took place on November 13th, 2021, 10:30am-12:00pm via ZOOM. The webinar is aimed at attracting an influx of talents from across Malaysia and making Penang the Northern growth region in the country. In this forth […]

[Press Release] Penang welcomes JHM and QES for the establishment their new manufacturing presence with combined investment of RM190m

PRESS RELEASE Embargo until 4 Dec 2021, 9:00 MYT Penang welcomes JHM and QES for the establishment their new manufacturing presence with combined investment of RM190m Penang, Dec 4, 2021 – Batu Kawan Industrial Park (BKIP) in Penang has clocked in investment projects from two Malaysian companies, namely JHM Consolidation Berhad (JHM) and QES Group […]