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

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 […]


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


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 […]

[Press Release] Penang Recorded RM13.3 Billion of Total Approved Manufacturing Investment in Jan-Sep 2019

Penang attracted RM13.3 billion of total approved manufacturing investment in Jan-Sep 2019, up 247% year-on-year and has surpassed 2018’s full year amount of RM5.8 billion. Penang contributed 23% of Malaysia’s total manufacturing investment in Jan-Sep […]

National Instruments in RM170m expansion of Penang ops

Thursday, 21 Nov 2019 12:26 PM MYT BY OPALYN MOK GEORGE TOWN, Nov 21 — National Instruments (NI) announced a US$40 million (RM170 million) expansion of its facility in Penang today. NI chief executive officer […]

The Trade War May Help Penang Return to Its Glory Days

The Malaysian state’s electronics industry thrives as Chinese manufacturers seek neutral territory. By Michelle Jamrisko and Anisah Shukry Penang’s pastel-hued, colonial-era buildings speak to the Malaysian island’s history as a key trading post for the […]

[Press Release] Smith+Nephew chooses Penang, Malaysia for new high technology manufacturing facility

British company expects to create up to 800 new jobs over the next five years PENANG, Nov. 19, 2019 – The Penang government and Smith+Nephew, the global medical technology business, are pleased to announce that […]

Trade war rejuvenates ‘Silicon Valley’ firms in Malaysia

PENANG, Malaysia (Reuters) – Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an […]

Chow leads Penang delegation to Armenia for WCIT 2019

GEORGE TOWN: Penang Chief Minister Chow Kon Yeow will be leading a state delegation to the 23rd World Congress on Information Technology (WCIT) 2019 at Yerevan, Armenia, from Oct 6 – 9. According to a […]