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

[Press Release] FinHero Welcomes NTT Data Corporation as a Stakeholder

March, 29 2024 – In a significant stride towards fostering financial inclusion, FinHero is honored to announce NTT Data Corporation’s stake in our journey. This collaboration, celebrated at Mercure Penang Beach Hotel, validates FinHero in the regional markets. FinHero ( is a Penang based FinTech Startup, developing B2B financial solutions focusing primarily on Asian markets.  […]

Malaysia: The Surprise Winner from US-China Chip Wars

March 11, 2024 — Tension between Beijing and Washington over access to technology has prompted many companies to open factories in south-east Asia Shortly after a Chinese company opened up nearby, employees at Malaysian contract manufacturer Kemikon walked outside their factory to find sheets of paper stuck to their car windshields. The flyers were from […]

[Press Release] Actiforce Establishes A RM50-Million, State-of-the-Art Manufacturing Facility in Penang

The new facility will serve as a hub for research and development (R&D), manufacturing and distribution of furniture fittings, catering to global customers’ demands   March 5, 2024 – Actiforce, a global leader in the furniture components industry originating from the Netherlands, has officially achieved a new milestone in Malaysia with the opening of its […]

Prioritising Business-friendly Environment Key to Penang’s Success

March 1, 2024 — InvestPenang remains resolute in its commitment to enhancing the ease of doing business in Penang, says its chief executive officer Datuk Loo Lee Lian. Her comments came in the wake of Penang establishing itself as the top state in the country with approved investments of RM71.9 billion in 2023. Penang was […]