Kindly be informed that InvestPenang team continues to work from home and is reachable via emails. Please refer to our respective emails at https://investpenang.gov.my/about-invest-penang/.
Should you need to meet up , we are conducting our meetings virtually. You may connect with us for further arrangements.

WHAT’S HAPPENING

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

Mukim 12 under the Barat Daya district of Penang will come under a conditional movement control order (CMCO) from 6 to 19 November 2020

Mukim 12 under the Barat Daya district of Penang will come under a conditional movement control order (CMCO) from 6 to 19 November 2020. Detailed SOPs will be finalised and published by 5 November afternoon. Please check MBPP, Invest Penang website or Penang Lawan Covid-19 facebook for further details.

[Press Release] Penang’s Manufacturing Investment Inflows Remains Sturdy with RM9.12 Billion Achieved in Jan–Jun 20

  Penang’s approved manufacturing investments performed steadily in the first half of 2020, recorded an inflow of RM9.12 billion. For 2Q20, the State captured RM2.02 billion inflows, up 452% year-on-year, marked a resilient industrial ecosystem even under challenging times. However, second half’s performance can hardly be on par due to challenges from COVID-19 outbreak. Penang, […]

Penang Government advocates talents to explore various high-quality job opportunities in the State

For Immediate Release Press Release Penang Government advocates talents to explore various high-quality job opportunities in the State The employment initiative from InvestPenang and JobStreet provides a platform for professionals and graduates to understand Penang’s thriving industry, and more importantly, to explore exciting job opportunities, created from the State’s strategic investment inflows.  PENANG, 26 September […]

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 digital jobs career awareness, upskilling opportunities and jobs expo. The goal of the event is to help the unemployed or […]

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 on entry and quarantine SOPs refer: Guidelines on Entry and Quarantine SOPs China Airlines Flight Schedule for Sept 2020: Flight […]

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. If you have any enquiry, please contact:- AMMAR MUNAWWIR BIN AHMAD Jurutera Awam Bahagian Pengurusan Infrastruktur, Perbadanan Pembangunan Pulau Pinang. […]

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 billion) of foreign direct investment in the first quarter — almost two-thirds of the country’s total — attracting new projects […]

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 UCT’s announcement, the Right Honourable Chief Minister of Penang, Chow Kon Yeow said, “The State government would like to express […]

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 the dim global FDI outlook. Penang, July 22, 2020 – Penang recorded a promising RM7.1 billion of approved manufacturing investments […]

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 US$330 million acquisition of Eggplant from The Carlyle Group. Eggplant is a software test automation platform provider that uses artificial […]

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 Southeast Asia. Before we delve into details, could you share with our readers a quick introduction to Lam Research SEA? […]

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 to provide a range of affordable homes in various strategic locations across Penang. For more info, please visit https://www.pdc.gov.my/index.php/en/core-areas/property/affordable-housing-scheme.

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. This is in conjunction with the recent announcement made by the Government of Malaysia for expatriates to enter Malaysia without […]

[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 global leader in Continuous Glucose Monitoring (CGM) systems, has selected Penang, Malaysia, to expand its production capacity. The S&P 500 […]

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 for 15 years for new investment in manufacturing sectors with capex above RM500 million 100% Investment Tax Allowance for 3 […]

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 so on. The task force consists of government agencies, private corporations, non-governmental organisations (NGOs) and dedicated individuals, aims to ensure […]

[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 Kawan Industrial Park, Penang New manufacturing facility to focus on semiconductor testing Penang, Malaysia – Bosch, a leading global supplier […]

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 technology companies in the world, headquartered in Germany, announced the expansion of its portfolio of testing capabilities for healthcare solutions […]

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 Perai (MPSP): Majlis Bandaraya Pulau Pinang (MBPP) MBPP SOP MULA & SAMBUNG KERJA PEMBINAAN PKP & PKPB 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 need arises). Terms & Conditions RM220 per test. Test results to be released within 72 hours. All contractors must fill […]

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 with a ahre of 27.9%, followed by Selangor (20.9%), Johor (20.9%), Sarawak (7.6%) and Perak (3.3%). Meanwhile, as for imports, […]

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 the current pandemic, Penang is versatile enough to navigate the uncertainties. The State government has and will continue working closely […]

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 a tailspin, post significant threats to the healthcare system and severely disrupting the supply chain and dampening consumer spending. It […]

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 listed in the ‘essential’ category are allowed to operate at a minimal level. This is to sustain the factories’ operations, […]

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 MKN PERGERAKAN KAWALAN COVID19-MITI.doc.pdf Source: https://www.facebook.com/1452870318149203/posts/2298737550229138/?d=n  

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 minimal level. Companies will need to ensure compliance with MOH’s requirements at all times and companies will be responsible to […]