WHAT’S HAPPENING

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

DIGITAL GBS IS HIRING (PENANG EDITIION) MY PENANG MY WORKPLACE!

InvestPenang, in collaboration with MDEC will be organizing DIGITAL GBS IS HIRING (PENANG EDITIION) MY PENANG MY WORKPLACE! Join us on Thursday 27 Aug 2020 at 2.00 – 3.30pm to get the information on the […]

China Airlines Direct Flight to Penang

We are sharing the latest China Airlines flight schedules vis a vis international direct flights to Penang International airport. As more direct flights resumed , we will share those updates. For more info on guidelines […]

3D Simulation for the Alternative Road Diversion at Lebuhraya Bandar Cassia

Click HERE for announcement on Closure of Bandar Cassia Highway from Eco Horizon to Paramount Utropolis Further to the above announcement, please find the 3D simulation for the alternative road diversion at Lebuhraya Bandar Cassia. […]

Malaysia Pushes Tech Hub to Help Economy Ride Out Pandemic

Malaysia’s technology cluster in Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia. The northern state drew 6.8 billion ringgit ($1.6 […]

Ultra Clean Expands Global Footprint – Adds to Malaysia’s Vibrant Industrial Ecosystem

Penang, July 30, 2020 – Ultra Clean Holdings, Inc. (NASDAQ: UCTT) today announced its expansion into Malaysia and will be setting up a manufacturing facility in the Batu Kawan Industrial Park, Pulau Pinang. In welcoming […]

Promising Manufacturing Investment Inflows of RM7.1 Billion in 1Q2020

For Immediate Release PRESS RELEASE Driven by the foreign direct investments (FDI), Penang recorded a promising RM7.1 billion approved manufacturing investments in 1Q2020. There are still opportunities in targeted industries for Penang to seize, amidst […]

Keysight completes US$330mil Eggplant acquisition

Keysight Technologies Inc has completed its US$330 million acquisition of Eggplant from The Carlyle Group. NSTP/WEB KUALA LUMPUR: Keysight Technologies Inc, which has a primary manufacturing and order fulfilment site in Malaysia, has completed its […]

Spotlight on Lam Research – Expanding Capacity as a Global Company

By NG Bee Bee, President SEMI Southeast Asia Interview with Andrew Goh, Vice President & General Manager South East Asia at Lam Research Question: Thank you for taking the time to sit down with SEMI […]

PDC Affordable Housing Scheme

Penang Affordable Housing Scheme Penang Affordable Housing Scheme (PMM) is a Penang State Government initiative in an effort to provide quality housing at affordable prices for Penangites. Through the PMM scheme, the State Government aims […]

Latest Update as of 24 June 2020 Entry Permission for Expatriates

Latest Update as of 24 June 2020 Entry Permission for Expatriates with an Active Pass and Approved Application who are Abroad as Announced by the Malaysian Government on 19 June 2020 24 June 2020 1. […]

[Press Release] DexCom, Inc.’s investment further enhances Penang’s position as a leading medtech hub

      Press Conference – Dexcom’s investment announcement (24 Jun 2020): https://www.facebook.com/buletinmutiara/videos/289335712258255/ Click HERE for CM’s speech. PENANG, June 24, 2020 – The Penang state government is pleased to announce that DexCom, Inc., a […]

Attractive tax incentive for company relocating to Malaysia

On 5 June 2020, government announced several attractive incentives for company that relocating to Malaysia: 0% tax rate for 10 years for new investment in manufacturing sectors with capex between RM300-500 million 0% tax rate […]

PENANG E-LEARNING COMPUTER PROGRAMME

The Penang government has announced the formation of an ‘E-Learning Computer Program’ Task Force on 21 May 2020 dedicated to tackle the challenges of e-learning such as lack of internet connectivity and computer devices and […]

[Press Release] Bosch Malaysia to set up new plant in Penang

June 3, 2020 Bosch Malaysia to set up new plant in Penang Construction of new semiconductors test center starts 2021 Bosch Malaysia and Penang Development Corporation sign an agreement for the land purchase in Batu […]

B. Braun Expands its Global Test Centre For Medical Devices in Penang, Proving Malaysia’s Capabilities in Scientific Measurement

MEDIA STATEMENT FOR IMMEDIATE RELEASE B. BRAUN EXPANDS ITS GLOBAL TEST CENTRE FOR MEDICAL DEVICES IN PENANG, PROVING MALAYSIA’S CAPABILITIES IN SCIENTIFIC MEASUREMENT Penang, 2 June 2020 – B. Braun, one of the largest medical […]

Standard Operating Procedure (SOP) to resume construction work during the Movement Control Order (MCO) / Conditional Movement Control Order (CMCO)

Please see links below for Standard Operating Procedure (SOP) to resume construction work during the Movement Control Order (MCO) / Conditional Movement Control Order (CMCO) by Majlis Bandaraya Pulau Pinang (MBPP) and Majlis Bandaraya Seberang […]

Unwavering Support from Penang’s industry Players

A video highlighting contributions from some Penang corporates to frontliners to fight against Covid-19.

COVID-19 PCR Tests for Construction Workers at Padang Polo from 14 to 16 May 2020

Please be informed that BP Healthcare will be setting up a testing station for COVID-19 PCR Tests for construction workers at Padang Polo, Penang starting from 14 to 16 May 2020 (to extend further if […]

Export Import Statistics by State – March 2020

Malaysia’ total trade in March 2020 amounted to RM147.9 billion with the exports of RM80.1 billion and imports worth RM67.8 billion. Among the top five major exporting states, Pulau Pinang remained as the top exporter […]

Penang Gradual Recovery Strategy

Please see links below for the full media statement by the Rt Hon. YAB Tuan Chow Kon Yeow, Chief Minister of Penang on 3 May 2020: English: 20200503_CKY_MCO47_EkonomiOpen_English (rs rev) Bahasa Malaysia: 20200503_CKY_MCO47_EkonomiOpen_Bahasa_FINAL Chinese: 20200503_CKY_MCO47_CN […]

Announcement by MITI – 28 April 2020

Kindly visit to https://www.miti.gov.my/index.php for more information.

[Press Release] 2019 Approved Manufacturing Investments Hit Record High of RM16.9 Billion

For Immediate Release PRESS RELEASE 2019 Approved Manufacturing Investments Hit Record High of RM16.9 Billion Penang attracted RM16.9 billion of total approved manufacturing investments in 2019, up 192% year-on-year and hit a record high. Despite […]

Penang Economic Next Normal

PRESS STATEMENT BY DATO’ SERI LEE KAH CHOON 17 APRIL 2020 GEORGE TOWN, PENANG Mounting Uncertainties 2020 has all the makings of a challenging year. The Covid-19 outbreak has sent global industries and economies into […]

Zero-Interest loan application for SMI, SME begins tomorrow

The Penang Development Corporation will be managing the Skim Peka PKS. All applications must be done online at www.pdc.gov.my

News Link: https://www.buletinmutiara.com/zero-interest-loan-application-for-smi-sme-begins-tomorrow/

Exemption From the Restriction of Movement Order – Update 2 (20 March 2020)

Date: 20 March 2020 Time: 8:30am This is an update from InvestPenang on the current industrial situation with regards to the Restrictive Movement Order starting from 18th to 31st March 2020: 1) Industries that are […]

Exemption From the Restriction of Movement Order – Updated

We would like to share the official announcement by Majlis Keselamatan Negara on selected industries that could be in minimal operation during this restricted movement period. Please see below for the official annoucement: KENYATAAN MEDIA […]

Exemption From the Restriction of Movement Order

Date: 18 March 2020 Time: 9:30am Please be informed that government has agreed for companies producing the list of items below (as stated in Section A & B as below) can continue to operate at […]

Investment from Lam Research – A Significant Boost to Penang’s E&E Ecosystem

Lam Research’s strategic investment in an advanced technology production facility is a significant boost to Penang’s electronics and electrical (E&E) ecosystem, and elevates Penang’s status in the world map of the semiconductor industry. A Fortune […]

[Press Release] Lam Research’s Investment further elevates Penang’s Position in the Regional E&E Industry

A global supplier of wafer fabrication equipment and services, the company’s investment would have far-reaching impacts on Penang, especially on enhancing the E&E ecosystem and supply chain localization opportunities, uplifting the workforce’ skillsets and economic […]

[Press Release] Various Initiatives to Navigate through Challenging Environment

After a rosy performance in 2019, Penang’s investment momentum is expected to be at a slower pace in 2020. Working together with the federal government, the Penang State government has strategized to face the challenges […]