WHAT’S HAPPENING

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

Malaysia Critical Hub for Intel’s Global Operations

Feb 12 – Malaysia has become a critical hub for Intel Corp’s global operations in delivering industry-leading products worldwide, corporate vice-president Robin Martin said. Martin, who is also managing director of Intel Malaysia, said Intel’s […]

Tech Mania amid Global Chip Shortage

Feb 1 – THE tech stock rally this month, which was particularly strong last week, should not come as a surprise to investors as many of the counters have hit all-time highs since last year’s […]

Hire Retrenched Workers and Nurture New Talents to Maintain Economic Recovery

Jan 25 – MICRON Technology Inc, a US-headquartered provider of memory and storage solutions, is committed to offering employment opportunities to Malaysian workers who have been retrenched amid the COVID-19 pandemic as well as nurturing […]

USM, Western Digital Collaborate to Establish Centre of Innovation and Automation (CiA)

Jan 15 – Universiti Sains Malaysia (USM) and Western Digital (WD) today announced a long-term collaboration to establish the Centre of Innovation and Automation (CiA), an exclusive technology hub that is focused on driving Industry […]

2020 Announcements of High Value Investments in Malaysia

MIDA has published a list of high value investments in Malaysia for 2020. There are a total of 11 projects featured, and amongst them, 7 are in Penang. Click on link below to check out […]

Greatech Plans New Factory in Batu Kawan

Jan 13 – Greatech Technology Bhd has acquired a piece of land in Batu Kawan, Penang for RM13.36mil cash, as the company seeks to relocate its plant in Lunas, Kedah to a new site closer to […]

Building Back Better: A Sustainable, Resilient Recovery for Malaysia’s E&E Industry

Dec 28 – The year 2020 has all the makings of a momentous year. The Covid-19 outbreak has sent global industries and economies into a tailspin, posted significant threats to the healthcare system, severely disrupted […]

Penang First State to Install Fibre Optic Infrastructure as Basic Utility, Says Committee Chairman

Dec 21 – Penang has emerged as the first state to enforce the installation of fibre optic communication infrastructure as a basic utility equivalent to water and electricity supplies. State Public Works, Utilities and Flood Mitigation […]

Building Tomorrow’s Talent for Industries of the Future

Dec 21 – The emergence of disruptive technologies, pursued after the Covid-19 outbreak, has intensified the world’s adoption of automation and digitalisation to embrace new ways of doing things. The pandemic has severely affected the […]

Malaysia’s 2021 Economic Recovery Underpinned by Effective Vaccine Roll-out, Says World Bank

Dec 17 – Malaysia’s economic recovery in 2021 will be underpinned by the effective roll-out of a Covid-19 vaccine, according to the World Bank Group. In a press conference following the launch of its Malaysia […]

Malaysian Companies to Leverage on Opportunities from China’s Technological Rise

Dec 17 – Deputy Minister of International Trade and Industry of Malaysia YB Datuk Lim Ban Hong calls for greater collaboration in the area of high-technologies between Malaysia and China to further strengthen bilateral trade, […]

Tech: US-based Chip Gear Giant Lam Research’s Largest Facility to be Built in Penang

Dec 9 – If you have ever wondered about the electronic devices we use every day, you may be surprised to learn that Lam Research is involved in nearly all the advanced chips built today. “Today, […]

Malaysia Records Total Approved Investments of RM109.8 Billion in the Economy, Creating 64,701 Job Opportunities for January – September 2020

Dec 1 – Malaysia recorded a total of RM109.8 billion worth of investments in the manufacturing, services and primary sectors for the first nine months of 2020. These investments involved 2,935 projects and will create […]

New Job Portals to Assist Technicians and Operators

November 18 – Manufacturing operators and technicians who are seeking job opportunities can check out two new job portals. The digital platforms – OperatorPengeluaran.my and Technicians.my – were built for manufacturing operators and technicians. It […]

Malaysia Signs RCEP, World’s Largest Free Trade Agreement

Nov 15 – Malaysia today signed the historic Regional Comprehensive Economic Partnership (RCEP) Agreement with 14 other RCEP Participating Countries (RPCs). Senior International Trade and Industry (Miti) Minister Datuk Seri Mohamed Azmin Ali described the […]

Malaysia Continues to be a Vibrant Manufacturing Hub, Recording RM65.3 Billion of Approved Investments in the Manufacturing Sector for Jan – Sept 2020

Nov 9 – Malaysia continues to be a competitive location for manufacturing projects. In the first nine months of 2020, a total of 740 projects worth RM65.3 billion were approved compared with RM56.0 billion in […]

Western Digital to Invest RM2.3b in Malaysia

Nov 5 – Western Digital, a leading digital storage equipment manufacturer, has decided to invest an additional RM2.3 billion to upgrade its facilities and boost its production capacity in Malaysia. “This was agreed on during […]

Malaysia Ranks Fourth in Cost of Doing Business Index — KPMG Study

Nov 3 – Malaysia is ranked fourth among seventeen economies in an assessment comparing the economy’s competitiveness as a manufacturing hub, outperforming others in the region such as China, Japan, Vietnam and India, according to […]

Special Report: Medical Devices Industry is Penang’s Hidden Gem

Oct 20 – IT is not a widely known fact that Penang, famous for its thriving electrical and electronics (E&E) industry, also has a burgeoning medical device industry. The state is slowly gaining a reputation […]

Malaysian E&E Players Tread Carefully amid Tech Cold War

Oct 15 – As its name implies, a semiconductor chip is made of a material that conducts current, but not completely. The conductivity of a semiconductor lies somewhere between that of an insulator, which has […]

Four Strategies to Empower Penang’s Economic Recovery

Oct 12 – The Penang government has underlined four strategies to empower the state’s economic recovery under its Penang 2021 Budget. Chief Minister Chow Kon Yeow said the four strategies were to encourage investment and […]

Comet Group: Manufacturing in Malaysia

The decision was made in November 2019: In summer 2020, on an ambitious schedule, Comet is to start manufacturing at its new site in Penang. The project team responsible is racing to make it happen. […]

Iconic Worldwide Acquires 5.53-acre Penang Land for PPE Venture

Sept 21 – Iconic Worldwide Bhd will be acquiring a 5.53-acre plot of land in Penang for RM12.53 million as part of its expansion into the personal protective equipment (PPE) business. In a bourse filing, […]

MMS Ventures to Go into Wafers

Sept 14 – MMS Ventures Bhd will diversify to produce semiconductor wafer inspection equipment in 2021. Group managing director TK Sia told StarBiz that MMS was currently talking to a China-based customer to produce semiconductor […]

Guidelines on Entry and Quarantine SOPs

In regards to guidelines on entry, we have further sought clarifications from NADMA and Immigration Department. According to NADMA, their guidelines will apply only for Malaysian residents Permanent residents. Reciprocal Green Lane (Singapore Malaysia) They […]

Inari to Team Up with MIT to Supply Semiconductor Process Tools

Aug 18 – Inari Amertron Bhd is teaming up with Singapore-incorporated MIT Semiconductor Pte Ltd (MSPL) to set up a joint-venture firm in Malaysia to supply customised semiconductor process tools. MIT, a subsidiary of China-based […]

MIDA and Axiomtek Accelerates AI Adoption in Malaysia

The Malaysian Investment Development Authority (MIDA) has partnered with Axiomtek to help local companies, particularly small and medium enterprises (SMEs), to embrace advance technologies such as AI and move up the value chain. The Axiomtek […]