Intel to Quadruple Cutting-Edge Chip Packaging Capacity by 2025
August 23, 2023 — Intel aims to quadruple capacity for its most advanced chip packaging services by 2025, including with a new facility in Malaysia, as America’s biggest chipmaker seeks to regain the global lead in semiconductor manufacturing. The factory being built in Penang will be Intel’s first overseas facility for advanced 3D chip packaging, what […]
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 of the United States. Chow said the objective of this mission is to further promote Penang as the location of […]
[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 by the Chief Minister of Penang, YAB Mr. Chow Kon Yeow, the new corporate identity reinforces the evolution and expansion […]
[新闻稿] 槟城投资机构推出新品牌标志
槟城投资机构推出新品牌标志
新的形像传达槟城投资机构的演变与稳步迈向未来
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 this year (Q1 2019). Chief Minister Chow Kon Yeow said that Penang received RM8.5 billion in FDIs in Q1 2019 […]
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 said the 10-day Techfest2020 from 11 to 20 Sept, 2020, would be held at multiple venues within the state, mainly […]
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 employ 200 highly-skilled workers when fully ramped up. “The company’s latest manufacturing facility is its ninth, in addition to the […]
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 project was timely as it was in line with the National Fiberisation and Connectivity Plan (NFCP) that aims to solve […]
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 the first large-scale pilot market in Asia. “Commencing on March 1, we expect the pilot to last up to six […]
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 officer Wing K. Lee. He said that in the past, the only way to get gigabit speeds was to lay […]
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 takes inspiration from the serene and tranquil atmosphere of its designated site along Jalan Masjid Negeri in George Town. With […]
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 development, including in the areas of culture, art and tourism. “We hope to have balanced growth on the mainland as […]
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. Aspen Vision City is a meticulously-planned integrated multi-phase mixed development envisioned as the commercial hub and central business district in […]
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 to hold such status, which is testament to the world-class education students receive at its campus in Batu Ferringhi. Uplands […]
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 is shoring up its capacity with a new manufacturing facility in Batu Kawan, which will begin operations around that time. […]
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 lead. “This is a model we want other states to follow because the only way they can be progressive is […]
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 according to the Malaysian Investment Development Authority, Penang registered the highest approved manufacturing FDI among the states in Malaysia at […]
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 in Penang, the integrated warehouse and sorting facility for both FedEx and TNT operations in the region serves as a […]
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 managing director SC Chong said the group will be launching a new facility there after this year. “We see that […]
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 facilities would be launched this year to further bolster the company’s regional logistics network. “We will continue our commitment to […]
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 the state’s Penang Vision 2030 target. State exco Jagdeep Singh Deo said the project, a collaborative effort between George Town […]
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 4.0. “This is to increase our competitiveness on existing technological platforms and prepare the state for the industrial revolution in […]
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. Deputy International Trade and Industry Minister Ong Kian Ming said Miti was now identifying 500 SMEs for migration in 2019. […]
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 Ahmad told StarBiz the increase indicated that the local electrical and electronic (E&E) industries was in a healthy state. “The […]
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 4.0, Big Data, artificial intelligence and more, there is a need for more electric components. Speaking at a press conference […]
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 state government must take the lead as the sector was still in its infancy. “Now that we have some major […]
[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 Assembly and Test in the state’s Batu Kawan Industrial Park. It is expected to add 1,000 local jobs in the […]
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 your flight more pleasant or the wireless earbuds that you listen to as you work out are actually made in […]
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 Aspen Vision City in Batu Kawan, Penang. The hotel will be the first international branded hotel in Batu Kawan, Penang. […]
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 frequency between the two destinations from seven flights per week to 11 flights per week. He noted there had been […]