Following Malaysian Prime Minister, Tan Sri Muhyiddin Yassin’s declaration that the entire country will be on a movement control order starting from 15th June to 28th June 2021, to deal with the rise in Covid-19 cases, InvestPenang would like to inform that:
• InvestPenang office will be closed from 15th June to 28th June 2021. Operation will resume on 29th June, unless there are further directives from the government.
• InvestPenang team will still be working from home and reachable via emails. Please refer to our respective emails at https://investpenang.gov.my/about-invest-penang/.
We remain committed to support our stakeholders through this difficult time.

WHAT’S HAPPENING

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

May 17 – DHL Express has replaced its Hong Kong-Ho Chi Minh-Penang route with a direct flight from its Central Asia Hub in Hong Kong to Penang on an Airbus A300 aircraft five times a week.

This latest move, amid the explosive growth of e-commerce and shipment volumes growth in Asia including Malaysia and Vietnam, would add cargo capacity and shorten transit times.

The global logistics company said an Airbus A300 with 54 tonnes of capacity would be dedicated to serve Penang where electronic components and parts made up the bulk of goods flown.

The northern state is a major hub of manufacturing activity, with electrical and electronics, machinery and equipment, as well as test and measurement instruments leading the industrial charge.

“In 2020, RM14.1 billion in investments flowed into Penang, out of which 75 per cent were foreign direct investment (FDI), making the state the third-highest manufacturing FDI recipient and among the top five in total approved investment in Malaysia,” DHL Express said in a statement.

As a result of increased shipment volume from Vietnam, the Airbus A330 would also serve Ho Chi Minh City directly from Hong Kong six times a week.

“These two dedicated flights will not only add cargo capacity but will equally shorten the transit times to and from these two cities,” said DHL Express.

To cater to the increased demand for express logistics services, DHL Express also recently expanded its airfreight capacity in Asia Pacific by adding new flight routes managed by AeroLogic and Kalitta Air. – Bernama

Source: The Star