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

Penang CM leads delegation to US to boost trade ties

GEORGE TOWN: Penang Chief Minister Chow Kon Yeow is leading a delegation to the United States for an investment promotion mission until Aug 11. The mission will focus mainly on California in the west coast […]

[Press Release] InvestPenang Reveals New Brand Identity

InvestPenang Reveals New Brand Identity A new look conveys the agency’s evolution as it progresses steadily into the future. Penang, August 1, 2019 – InvestPenang officially unveiled its new logo to the public today. Launched […]

[新闻稿] 槟城投资机构推出新品牌标志



槟城, 八月1日, 2019 – 在槟城首席部长曹观友的推介下, 槟城投资机构今天正式向公众发布其新标志。[…]

Penang targets 10,073 jobs from foreign investments

Penang targets 10,073 jobs from foreign investments GEORGE TOWN, Aug 1 (Bernama) — The Penang state government is expecting 10,073 jobs to be created through foreign direct investments (FDIs) received within the first quarter of […]

Techfest boost for IT congress

PENANG will hold the inaugural Techfest2020, in addition to playing host to the World Congress on Information Technology (WCIT) 2020, both of which will take place in September next year. Chief Minister Chow Kon Yeow […]

SAM Engineering plant to supply parts to Airbus

BUKIT MERTAJAM: SAM Engineering (M) Bhd’s new RM140mil manufacturing plant will produce aerospace components for Airbus commercial aircraft. “The new 145,000 sq ft plant in Bukit Minyak is equipped with state-of-the-art precision machinery and will […]

Malaysia second country to run Facebook’s Terragraph trials

GEORGE TOWN (Bernama): Malaysia is the second country in the world after Hungary to run trials for Terragraph, a new wireless technology, says Communications and Multimedia Minister Gobind Singh Deo. He said the Terragraph pilot […]

YES launches first large scale Terragraph market pilot in Asia

GEORGE TOWN: YTL Communications Sdn Bhd has announced the launch of the Terragraph pilot market here, an industry-led initiative to deploy advanced gigabit wireless infrastructure in an urban area. The deployment, supported by Facebook, is […]

YTL: Setting up Terragraph is easy, even with George Town’s UN heritage status

GEORGE TOWN: Deploying the Terragraph gigabit wireless infrastructure in the Unesco heritage city status of George Town can be done without the need to dig trenches and disrupt the city, says YTL Communications chief executive […]

Better facilities in phase two

LIKE walking into its artist impression, phase two of the Penang Digital Library stays true to its concept of being a ‘Library in the Park’. Picturesque, spacious and hi-tech, the building called PDL Phase Two […]

CM: Seberang Prai has big potential in business, arts and tourism

PENANG is set to see greater development taking place on the mainland in the near future, says Chief Minister Chow Kon Yeow. He said Seberang Prai has big potential for industrial as well as socio-economic […]

Aspen-Ikea JV invests RM2.6 bil on metropolis in mainland Penang

BATU KAWAN: Aspen Vision City Sdn Bhd, a joint venture (JV) company between Aspen Group Holdings Ltd and Ikea Southeast Asia, has invested more than RM2.6 billion in its 99.15ha master-planned metropolis in mainland Penang. […]

Rising to world recognition

THE International School of Penang (Uplands) has become the first institution in the state to be accredited by the Council of International Schools (CIS). It joins an elite group of only around 500 schools worldwide […]

Eye on the European market

Machine manufacturer innovates to keep up with smart factory standards PENANG-based MH Multipack Sdn Bhd, an automated packaging machine manufacturer, is looking to penetrate the European market by 2021. In preparation for that plan, it […]

Minister: Penang a model state because of its progress

PENANG should be recognised as a model state for the whole country because it has progressed rapidly in the past 10 years. Housing and Local Government Minister Zuraida Kamaruddin said Penang was economically empowered to […]

Penang records RM3.8b investments between Jan-Sept 2018

GEORGE TOWN: Penang recorded investments of RM3.83 billion in the first nine months of 2018, comprising RM2.16 billion in foreign direct investment (FDI) and domestic investment of RM1.67 billion. Chief Minister Chow Kon Yeow said […]

Making Penang a key logistics hub

FEDEX Express (FedEx), a subsidiary of FedEx Corp, has invested RM17.6mil on its Penang Gateway facility at MAB New Cargo Complex at Penang International Airport. Touted as the largest integrated logistics facility of its kind […]

FedEx eyes mainland Penang for further growth

GEORGE TOWN (Jan 9): Following the launch of its new integrated facilities at the Penang International Airport, global logistics services provider FedEx is training its sights on the mainland for further expansion. FedEx Malaysia group […]

Fedex to launch two new facilities in Malaysia

GEORGE TOWN (Jan 10): The world’s largest express transportation company, FedEx Express (FedEx), is planning to launch two new logistic facilities in Malaysia this year. FedEx Express Malaysia managing director SC Chong said the new […]

Penang to develop 18,000ha green network by 2030

GEORGE TOWN, Jan 3 ― The Penang Green Connectors Project, which will see the development of various parks and amenities on a massive 18,000ha of the island, is beginning to take shape as part of […]

Preparing Penang for the digital age

PENANG will embrace new workforce models and technology to keep ahead of the competition. A new portfolio called Digital Transformation will be created under the Chief Minister’s office to enhance the momentum under Industry Revolution […]

Readiness assessment criteria for industry 4.0 soon

GEORGE TOWN: The International Trade and Industry Ministry (Miti) will introduce by the first quarter of 2019 the readiness assessment criteria for the migration of 500 small and medium enterprises (SMEs) to industry 4.0 platform. […]

Export cargo volume at Penang airport seen rising 8%

GEORGE TOWN: The volume of export cargo handled at the Penang International Airport is projected to rise by 8% in 2018 to 69,630 tonnes from 65,747 tonnes in 2017. Penang Freight Forwarders Association secretary-general Ali […]

Promising days ahead for E&E industry in Penang

ELECTRICAL and electronic (E&E) companies in Penang have an added advantage as the demand for electric components is on the rise. investPenang director Datuk Seri Lee Kah Choon said with the Internet of Things, Industry […]

CM wants Penang to be a global business services hub

GEORGE TOWN, Dec 6 — Penang will aim to grow its global business services (GBS) industry by constructing more office space to meet market demand, said Chief Minister Chow Kon Yeow. He also said the […]

[Press Release] Micron Technology, Inc. Expands its Asian Foothold in Penang, Malaysia

PENANG, Malaysia, Nov. 30, 2018 – The Penang government today announced that Micron Technology, Inc. – an industry leader in memory and storage solutions – is to build a new center of excellence for SSD […]

SONY’s Penang Tec Factory Not Just Into Production but R&D Too

THE next time you slip on a pair of headphones made by Sony, take a moment to inspect it a little closer. There is a good chance that the noise-cancelling headphone you use to make […]

Aloft Hotel appointed to operate in Aspen Vision City in Penang

KUALA LUMPUR: The joint venture (JV) between Aspen Group and IKEA Southeast Asia has signed a memorandum of understanding (MoU) with Marriott International, appointing Aloft Hotel as the hotel operator in the planned development of […]

China Southern Airlines to increase Guangzhou-Penang direct flights

GEORGE TOWN (Nov 23): China Southern Airlines (CSA) plans to add more direct flights from Guangzhou to Penang by next year. CSA Penang General Manager Liu Zhen Hua said the airline would increase the flight […]

PM unveils four-pronged strategy to boost manufacturing

KUALA LUMPUR: Tun Dr Mahathir Mohamad launched the National Policy on Industry 4.0 known as Industry4WRD — a four-pronged strategy to boost Malaysia’s manufacturing sector via higher productivity, contribution, innovation and more high-skilled workers. The […]