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

Loob Ventures Makes Strategic Investment into Digital Media Firm Good Foodie Media

May 30 – Loob Ventures, a private venture entity by Loob holding CEO Bryan Loo and partners, is making a strategic investment into Malaysia’s lifestyle and digital media company Good Foodie Media, marking Loob’s first entry into digital media space. While the monetary value of the investment was not shared, Loo, founder and CEO of […]

The Ship’s Unique Campus Model Set to Boost Training at Batu Kawan Industrial Park

GEORGE TOWN – May 25,2022: The Ship campus, located in Batu Kawan Industrial Park (BKIP), Penang, is set to sail by training talents for the industrial park on its grounds in a unique campus-in-industry model. PKT Logistics Group chief executive officer and managing director Datuk Seri Michael Tio said The Ship campus is built to […]

Texchem to Pour RM44mil into Expansion

George Town – May 23, 2022: Texchem Resources Bhd is investing RM44mil to expand and improve its business operations this year and will ride on the growth prospects of its hard disk drive (HDD), medical device and restaurant businesses. Group executive chairman Tan Sri Fumihiko Konishi told StarBiz that in 2021, the polymer engineering, industrial and […]

[Press Release] SEMICON SEA 2022 Celebrates Penang’s 50 Year Anniversary of Manufacturing Excellence

Penang, Tuesday, 24 May 2022 – SEMICON Southeast Asia 2022 (SEMICON SEA 2022), the region’s premier event for the global electronics manufacturing and design supply chain, will be returning to Penang from June 21 – 23 and will welcome in-person delegates and attendees for the first time in over 2 years. The event will be […]

PM Ismail Sabri Rolls out Red Carpet for US Investors, Urges Tesla to Consider Malaysia

WASHINGTON, May 12 — Prime Minister Datuk Seri Ismail Sabri Yaakob Wednesday (Thursday in Malaysia) rolled out the red carpet for American investors and businessmen, and presented Malaysia as a preferred investment destination. He welcomed them, especially the Fortune 500 companies, to invest or increase their investment, namely in economic digital, green technology and electric […]

SIMMTECH to Deliver The First Made In Malaysia Memory Chip Packaging Substrate Through its Malaysian Subsidiary Sustio Sdn. Bhd.

Penang, May 9, 2022 – SIMMTECH, a South Korea-based global leading manufacturer for semiconductor packaging substrate and HDI Printed Circuit Board (PCB), held the grand opening ceremony for its Malaysia-based subsidiary, SUSTIO Sdn. Bhd. in Batu Kawan Industrial Park, Penang. This new factory will be SIMMTECH’s first advanced manufacturing facility in Southeast Asia and the […]