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

Penang On its Way to Becoming the MedTech Hub of Asia As it Continues to Draw in Investors

July 28, 2023 — Penang is set to become the MedTech Hub of Asia as the state’s exports in professional, scientific and controlling instruments and apparatus including medical devices continue to rise. According to InvestPenang, Penang’s exports in medical devices make up about 65 per cent on average of Malaysia’s total in the MedTech industry […]

Rinchem Announces Opening of Their Fifth International Hazmat Warehouse in Penang, Malaysia

July 26, 2023 — Rinchem is pleased to announce the opening of its fifth international hazardous materials (hazmat) warehouse in Penang, Malaysia. This new facility further strengthens Rinchem’s commitment to supporting the growing needs of the chemical and semiconductor manufacturers in the Asia Pacific region. Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment […]

Solarvest to Power Dexcom in Batu Kawan, Penang with Largest Solar PV System

July 26, 2023 – Solarvest has secured a contract with Dexcom Malaysia Sdn Bhd to install a 3.6 megawatt-peak (MWp) solar photovoltaic (PV) system at its manufacturing facility in Batu Kawan, Penang, the largest of its kind in the area. Dexcom is a subsidiary of the US-based DexCom, Inc., an industry-leading provider of continuous glucose […]

[Press Release] Driving Penang as a Premier Medical Device Manufacturing Hub in Asia

July 18, 2023 – InvestPenang organised an exhibit and dialogue session for the local medical devices manufacturers with Ministry of Health (MOH), Medical Device Authorities (MDA) and Ministry of International Trade and Industry (MITI), as part of the State’s efforts to promote locally manufactured medical devices. The session gathered 13 local key manufacturers in the […]

[Press Release] Commerz Trade Services Expands Presence with New Office Opening in Penang, Malaysia

July 14, 2023  — Commerz Trade Services Sdn Bhd, a 100% subsidiary of Commerzbank A.G. and a leader in trade finance digital solutions, is thrilled to announce the opening of its new office in Penang, Malaysia. This strategic expansion marks an exciting milestone in the company’s rapid growth trajectory and reinforces its commitment to Malaysia […]