[Press Release] Promising growth in GBS sets the stage to propel Penang’s digital economy sector
According to GBS Malaysia Strategy Report 2022-2027, GBS industry in Malaysia is expected to grow at a 5-year CAGR of 6.2% to US$6.7 billion by 2025, placing Penang on the right track to deepen its […]
InvestPenang’s Inputs for Budget 2023: Targeted Workforce Initiatives for Sustainable Impacts
Last year (2021), Penang has recorded stellar performance in the approved manufacturing investments, with a record-breaking figure of RM76.2 billion. In the first quarter of this year (2022), Penang clocked in RM6.3 billion of approved […]
[Press Release] Ground-breaking Ceremony for DHL New HUB, Bayan Lepas, Pulau Pinang
Penang, July 21, 2022 – By the grace of Yang Di-Pertua Negeri, Tuan Yang Terutama, Tun Dato’ Seri Utama Ahmad Fuzi Bin Haji Abdul Razak, State EXCO of Pulau Pinang, YB Dato’ Haji Abdul Halim […]
MentorConnect 2022 Draws 130 mentees
Penang, July 5th, 2022 – A TOTAL of 130 mentees will take part in the Dell Technologies Malaysia’s MentorConnect, an inter-company networking programme, this year. These mentees, who are staff members from 16 participating companies, […]
Attracting Investment into Penang
Despite the pandemic, Penang achieved good investment. In 2021, its approved manufacturing investments hit a record high and its external trade topped Malaysia’s list. Dato’ Loo Lee Lian, CEO of InvestPenang, talks to Su Aziz on present strategies to attract […]
Penang the Fastest State to Surpass National Growth
PENANG, June 30th, 2022 – Penang has surpassed the fastest national growth last year by 6.8%, followed by Selangor (5%), Perak (3.5%) and Kedah (3.2%). According to the Department of Statistics Malaysia (DoSM) chief statistician Datuk […]