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

[Press Release] VAT Holds Groundbreaking Ceremony for Its Phase Three Factory Extension in Malaysia

Penang, 27 January 2022 – Swiss-based VAT Group AG, the world’s leading supplier of high-performance vacuum valves, today held a groundbreaking ceremony to initiate the extension of its production facility in Penang, Malaysia. The new plant will cover an area of about 39,200 square meters and is estimated to create 500 employment opportunities once completed […]

[Press Release] 50 Years of Excellence and Beyond

For Immediate Release PRESS RELEASE 50 Years of Excellence and Beyond Steering Penang towards high income economy, driven by digitalization, manufacturing excellence and innovation.  Penang, Jan 17, 2022 – The year-long celebration on the 50th anniversary of Penang’s industrialisation officially kick-started with the hybrid launching ceremony by the Right Honourable Mr. Chow Kon Yeow, Chief […]

Local Company NSW Automation Sets Up R&D Centre in United States

Jan 15 – Malaysian-based NSW Automation Sdn Bhd, which is headquartered in Penang, held a soft launching ceremony of its research and development centre in San Jose, America last night. That important milestone in NSW’s nearly two decade history was also joyously celebrated in conjunction with its retro Corporate Dinner 2022 at the Lexis Suites […]

[Press Release] Penang Industrialisation: High Income Economy Driven by Digitalization, Manufacturing Excellence & Innovation

Penang’s multi-faceted industrial environment is placing the State on the right trajectory to seize the opportunities ahead.  Penang, Jan 13, 2022 – 2022 marks the Golden Jubilee of industrialisation in Penang. Immersed in 50 years of manufacturing excellence, the State has undergone successful transformation which is worthy of celebration. Being appointed as the lead and […]

InvestPenang: Investors Remain Confident of Penang’s Ability to Navigate Past the Pandemic

Jan 9 – Penang’s approved manufacturing investment for 2021 was expected to exceed the state’s all-time high of RM17 billion recorded in 2019, despite being clouded by the repercussions of the pandemic as investors remain confident of the state’s ability to navigate the crisis. InvestPenang chief executive officer Datuk Loo Lee Lian said approved manufacturing investments […]

Micron Invests RM1mil for Local Universities to Embark on R&D

Jan 7 – MICRON Malaysia has announced a RM1 million funding for Malaysian universities to embark on their R&D projects today, with Universiti Sains Malaysia identified as the first university for the said purpose. Following the announcement, Micron Malaysia corporate vice-president and country manager Amarjit Singh Sandhu and USM vice-chancellor Prof Datuk Dr Faisal Rafiq […]