WHAT’S HAPPENING

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

财长:将推1亿华商微型贷款 公开国内小型华商借贷

财政部长林冠英披露,希望联盟政府将在2020年破天荒推出1亿令吉的“华商小型企业微型贷款”公开予国内小型华商借贷,这是有史以来数额最高一次,并将在2020年正式实行。 他指出,华裔商家即日起就能到国家储蓄银行(BSN)申请这项贷款 […]

[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 […]