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

IGEM 2021 Generates Potential Investments Worth RM4.6 Bil

Feb 22 –  The International Greentech and Eco Products Conference and Exhibition Malaysia (IGEM) 2021, held virtually from July 1 to Dec 31 last year, has successfully generated RM4.6 billion in potential investments, said Environment and Water Minister Datuk Seri Tuan Ibrahim Tuan Man. The business ventures raked in during the exhibition comprised sectors which […]

Angkasa-X, E&E Companies to Bolster Cooperation in Space Technology

Feb 21 – Angkasa-X Innovation Sdn Bhd, a technological-social inclusion company, has inked Memoranda of Understanding (MoUs) with nine Penang electrical and electronics (E&E) companies to bolster cross-sector cooperation in space technology (space tech). The nine companies are HP Malaysia Manufacturing, Texchem (M) Sdn Bhd, Swift Bridge Technologies Sdn Bhd, Cortex Robotics Sdn Bhd, Mechmodule Technology […]

[Press Release] Penang Announces RM1 Million in i4.0 Seed Fund Stream #4 for Early-stage Technology Start-ups, as Part of its Continuous Efforts in Promoting Innovations

Penang, Feb 22, 2022 – Being the State’s ongoing initiative to empower the tech start-up ecosystem, Penang i4.0 Seed Fund Stream #4 is officially open for application, following the virtual launching ceremony officiated by the Right Honorable Mr. Chow Kon Yeow, Chief Minister of Penang. Penang i4.0 Seed Fund initiative started in 2018 and has […]

Malaysia Digital Economy Week at Expo 2020 Dubai Garners RM1.3 Bil Qualified Trade and Investments

Feb 21 – The Malaysia Digital Economy Week at Expo 2020 Dubai has garnered RM1.295 billion worth of qualified trade and investments to Malaysia derived from 110 business leads, 138 business matchings and 16 memorandums of understanding (MoUs). The amount generated from the 22 participating Malaysian technology companies exceeded the initial target of RM300 million […]

Malaysia’s total trade soared 24.8% to RM203.05 billion in January 2022 — MITI

Feb 18 – Malaysia’s trade in January 2022 continued to be resilient, expanding 24.8% to RM203.05 billion compared with that of January 2021, said the Ministry of International Trade and Industry (MITI). In a statement on Friday, MITI said exports accelerated 23.5% to RM110.73 billion in January 2022, the sixth successive month of double-digit expansion […]

Canada’s Eclipse sets up 1st Asian base in Penang

Feb 11 – Canada-based Eclipse Automation Inc is setting up its first Asian manufacturing facility in Batu Kawan, Penang, which is anticipated to create approximately 150 new jobs by 2025. In a statement yesterday, the Malaysian Investment Development Authority (Mida) said about 80% of the employees will be from technical and engineering backgrounds. “The facility […]

First Authentic German Meister Programme outside of Germany Now Available to Malaysians

Feb 10 – The Malaysian-German Chamber of Commerce and Industry (MGCC) is collaborating with the IHK Kassel-Marburg in Germany, B. Braun Medical Industries Sdn Bhd (BMI), and the Penang Skills Development Centre (PSDC) to offer the German certification of an Industriemeister in Mechatronics starting from January 2022 onwards. The programme is a part of the […]

[Podcast] B. Braun’s Next 50 Years

The pandemic has undoubtedly clouded the industries worldwide with challenges, gladly, our strategic investors remained confidence on Penang. B. Braun, a global leading medical device player and the pioneer company in Penang’s industrialisation journey since 1972, plans to deepen its roots here. Christoph Mueller, B. Braun’s Asia Pacific Senior Vice President of Operations shared that […]