WHAT’S HAPPENING

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

Relaxation of Incentive Conditions for Manufacturing and Services Projects Approved under The Purview of MIDA

Apr 6 – The Government has agreed to provide certain relaxation of conditions to manufacturing and services companies that have been approved with incentives under the purview of the Malaysian Investment Development Authority (MIDA). This […]

Greatech’s US Unit Wins Battery Purchase Order from New Electric Vehicle Customer

Apr 5 – Greatech Technology Bhd said it has secured its first purchase order in the United States from a new electric vehicle (EV) customer for equipment to produce lithium-ion battery cells. “This new order […]

Penang Strives to Drive Industry Forward

Apr 3 – Penang Chief Minister Chow Kon Yeow has stressed the importance of obtaining more industrial land to spur investments in the state. “Penang drew in RM16.9 billion of total approved manufacturing investments in […]

In-kind Donations by Boston Scientific to USM and JPN

Mar 31 – Committed in cultivating Penang’s talent pool, Boston Scientific, a world-renowned medical device manufacturer has recently contributed millions of in-kind donations to University Science Malaysia (USM) and Penang State of Education Department (JPN). […]

MIDA to Deliver Better Investor Experience with Re-engineered Processes, Launch of InvestMalaysia Portal

Mar 30 – ​The Malaysian Investment Development Authority (MIDA)’s digital transformation initiative or better known as InvestMalaysia Portal, an online application submission portal, is now open to the public. “As Malaysia is adapting to this […]

Exciting Times for Penang

Mar 29 – The Penang government will continue to focus on advanced manufacturing, besides further strengthening the industry clusters and making aggressive efforts to attract new talents to Penang this year. State Entrepreneurial Development, Trade […]

MITI Introduces Safe@Work Initiative for Close Contact Workers

Mar 18 – The international trade and industry ministry (Miti) has introduced the Safe@Work initiative for companies to isolate workers identified as close contacts of a Covid-19 case. In a statement today, senior minister Mohamed […]

Clarivate Opens Doors to Global Business Centre in Penang

Mar 13 – CLARIVATE Plc, a global leader in providing trusted information and insights to accelerate the pace of innovation, has opened the doors to its new global business centre (GBC) in Penang. The GBC […]

Penang Launches RM50m Digital Transformation Masterplan

Mar 12 – Penang Chief Minister Chow Kon Yeow today launched the Penang Digital Transformation Masterplan to ramp up the state’s technological leap forward over the next three years. The masterplan falls under the state’s […]

16 April

[Webinar] Penang Investment (European Session) on Post Covid 19: Opportunities for European Companies in the Robust Supply Chain & Ecosystem in Penang, Malaysia

 

Title: POST-COVID 19: Opportunities for European Companies in the Robust Supply Chain & Ecosystem in Penang, Malaysia”

Guest Speakers:

  • Lee Kah Choon, Special Investment Advisor to the Chief Minister of Penang and Director of InvestPenang
  • Rashidah Othman, Director, Malaysia Investment Development Authority (MIDA)
  • Glen Brownlie, Managing Director,  OSRAM Opto Semiconductor
  • Mark Arthun, Managing Director, Smith & Nephew Operations
  • Paul Morach, General Manager, Hittech Wemac

The panel session will be moderated by Mr. Marco Winter, Executive Director of Malaysia Dutch Business Council (MDBC).

Join us for the Penang Investment Webinar on Wednesday, April 28, 2021 at 4.00 pm – 5.30 pm [MY Time] | 10.00 am – 11.30 am [Central European Time]

This virtual session aims to provide a platform for businesses, consultants and investors to understand Penang, Malaysia’s investment climate, industry landscape, success stories as well as initiatives that make Penang the supply chain powerhouse in the South East Asia.

Participation in the event is FREE but RSVP is required (online registration). For RSVP, please click on the following link:

Register Now

  • The registration shall close on Wednesday, April 26, 2021 before 5:00pm [MY Time]
  • For further inquiry and support, please contact Mr. Saiful Rizal (saiful@investpenang.gov.my) or Mr Chen William (william@investpenang.gov.my)

 

 

16 April

[Webinar] Penang Investment Webinar – Penang: Your Springboard to the World

Title: Penang: Your Springboard to the World – “Leverage on the State’s Future Ready Supply Chain Capabilities to Expand your Global Footprint”

Guest Speakers:

  • Dato’ Seri Lee Kah Choon, Special Investment Advisor to the Chief  Minister of Penang and Director of InvestPenang
  • Malaysia Investment Development Authority (MIDA)
  • Mr Dave Mitchell, VP of Operation, Boston Scientific Malaysia
  • Mr Mike Snell, Corporate VP, Manufacturing, Lam Research Corporation
  • Mr Shankar Nagalingam, VP & GM, Clarivate Malaysia

The panel session will be moderated by Ms Siobhan Das, CEO of AmCham Malaysia.

Join us for the Penang Investment Webinar on Friday, April 16, 2021 at 8.00 am – 9.20 am [MY Time] | Thursday, April 15, 2021 at 8.00pm/5.00pm – 9.20pm/6.20pm [NY , US Time/SF, US Time]

The virtual session aims to provide a platform for businesses, consultants and investors to understand Penang, Malaysia investment climate, successful, investment stories, industry landscape as well as holistic state-led initiatives that make Penang the niche supply chain powerhouse in South East Asia.

Participant in the event is FREE but RSVP is required (online registration). For RSVP, please click on the following link:

Register Now
  • The registration shall close on Wednesday, April 14, 2021 before 5:00pm [MY Time]
  • For further equiry, please contact Mr LEE YC (yoeuchek@investpenang.gov.my) or Mr Ang KS (kitsin@investpenang.gov.my)

 

 

16 April

[Webinar] SMART Capability Building Workshop: Strengthening Your Global Competitive Position with Bank Negara Malaysia HTF-NIA

Title :

Strengthening Your Global Competitive Position with Bank Negara Malaysia HTF-NIA

Featured Speaker :

Bank Negara Malaysia

Date :

March 23, 2021 @ 1000-1130

 

Background

As announced in the Budget 2021 on 6 November 2020, Bank Negara Malaysia (BNM) has established a RM1 billion High Tech Facility National Investment Aspirations (HTF – NIA), as part of efforts to provide additional targeted assistance for Small and Medium Enterprises (SMEs) affected by COVID-19.

The objective of HTF – NIA is to support high-tech and innovation-driven SMEs to preserve Malaysia’s competitive position in the global value chain, enhance the supply chain ecosystem and safeguard high-skilled jobs.

 

The HTF – NIA is built on the following key principles:

  1. Fulfil National Investment Aspirations (NIAs) of enhancing economic complexity, high-value job creation, domestic linkages and creation of new industrial clusters
  2. Companies adversely impacted by COVID-19 (Banks will make assessments to determine the level of impact)

 

The eligible sectors for HTF – NIA scheme are companies and SMEs (manufacturing and services) that fall under the following categories:

  1. Manufacturing and services of the following subsectors:
  • E&E
  • Chemicals (including pharmaceuticals)
  • Optical Scientific Equipment and Medical Equipment
  • Machinery & Equipment (including Robotics, Drones, and Industry 4.0 technologies)
  • Transport equipment (Aerospace; Vehicle and parts manufacturers involved in global supply chains or transitioning towards future mobility and green technology)
  • ICT
  • R&D activities
  • Any other high-tech industries/sub-sectors deemed eligible by BNM. please refer here for the full list of eligible subsectors.

Or:

  1. Participants of existing innovation projects for critical technologies such as blockchain, neurotechnology, drones, manufacturing technologies, bioscience technology, 5G/6G, 3D/4D/5D  printing Industry 4.0 related technologies (AI, Big Data Analytics, cloud computing, IoT, additive manufacturing, system integrators, augmented reality, advanced materials, cybersecurity and autonomous robots).

 

For RSVP, please click HERE

Register Now
  • Participation in the event is FREE but RSVP is required (online registration).
  • The registration shall close on March 22, 2021, 5pm.
  • For further inquiry or support, please contact Mr. Chen William at william@investpenang.gov.my or 04-646 8833

 

16 April

[Webinar] Onwards & Upwards: Explore New Careers #1

📢 We’re excited to share our upcoming webinar session! Get up close and personal with Penang’s industry leaders. Discover new job opportunities and learn how you can advance your career in Penang. Don’t miss out on this exclusive session.

✏️Register now: https://zoom.us/webinar/register/WN_rcdpJaMcQdqB-g1tNgNhfg

Details of the webinar session as follows:👇
👩‍🏫 Onwards & Upwards: Explore New Careers #1
🗓 29 March 2021
⏰ 2.30 pm – 4.00pm

🎯Mark your calendars and ‘see’ 👀you there!😄

16 April

[Webinar] Global Business Services – Thriving and Surviving in the Era of Pandemic

Join us for the GBS 1.5 Talk Series #1 on “Global Business Services – Thriving and Surviving in the Era of Pandemic” on Tuesday, March 30th, 2021 at 10.00 am – 11.30 am.

This is the 1st webinar series that InvestPenang and GBS Focus Group are hosting. In partnership with PwC, this webinar will deep-dive into the opportunities & challenges of the current business environment and to find out how the pandemic outbreak has raised the importance of business resilience and affected the GBS organisations.

Through this forum, we hope that participants would be able to understand:-

  1. How the GBS industry was impacted by the on-going COVID-19 pandemic and the challenges arise, especially from the perspective of remote work and delivery in GBS activities.
  2. What are the opportunities arising from COVID-19 and the strategies taken by business leaders in preparing and sustaining their GBS operations to achieve high productivity with a remote workforce.
Time Program
10.00 am Introduction by InvestPenang
10.05 am Opening Remarks – Penang : For Technology, Industry and Business
by Dato’ Seri Lee Kah Choon, Special Investment Advisor to the Chief Minister of Penang
10.15 am Presentation on “Malaysia GBS: The Transforming Landscape from the Industry Perspective”
by Mr Kim Chin Kuang, Division Chief Financial Officer and VP of GBS Finance, Jabil &
Chairman of GBS Focus Group
10.30 am Presentation on “GBS Resilience in the New World of Work: GBS Post-COVID, A PwC Perspective”
by Ravi Kittane, Financial Services Technology Lead – PwC South East Asia Consulting
10.45 am Panel Discussion and Q&A Session
11.30 am End of event

Kindly contact Ms. Shazanah Abdul Wahab at shazanah@investpenang.gov.my or 04-646 8833 if you require further information about this webinar.

We look forward for your good-self and your team to join us and benefit from this forum. Feel free to invite your network to join us virtually by extending this invitation, with no physical boundary and space limitation!

16 April

[Virtual Roadshow 2021] Penang SME Centre

As part of the State’s effort in promoting SMEs development, InvestPenang is organizing a virtual roadshow on Penang SME Centre to share the exciting offers and the latest subsidized rental rate structures in Penang SME Centre.

Shout-out to the new start-ups or existing companies who wish to expand their footprints in Penang!

Date: March 25th, 2021 (Thursday)
Time: 10.00 am – 10.30 am
Register at: https://zoom.us/webinar/register/WN_L7V4_etRQ7aqvY7TlBAI2Q

Check out HERE for more details.

For enquiry or further information, kindly contact Mr. Ang Kit Sin at kitsin@investpenang.gov.my.

 

 

16 April

Digital Investment Summit for a GBS themed panel session discussing on Digitalization of GBS: Futureproofing Malaysia’s Attractiveness as a Global Digital Services Hub

Join us at the Digital Investment Summit for a GBS themed panel session discussing on Digitalization of GBS: Futureproofing Malaysia’s Attractiveness as a Global Digital Services Hub.
Date: 26 Nov 2020 (Thursday)
Time: 10 am
See you there!

16 April

(ウェビナー) 次のサプライチェーン多様化の目的地としてのマレーシア・ペナン州先:-東のシリコンバレー (WEBINAR – JAPAN Chapter) Your Next Supply Chain Diversification Destination:- Penang, Malaysia. The Silicon Valley of The East

<背景>

  • 米中貿易戦争とCovid-19のパンデミックは、世界中のサプライチェーンに大きな混乱を引き起こし、多くの製造会社やビジネスに影響を与えています。これらの企業は、事業継続戦略の一環として事業の一部を東南アジアに移転することにより、グローバルサプライチェーンモデルを再考し、変革を始めています。
  • このウェビナーは、サプライチェーンの多様化や、サプライチェーンの崩壊による将来的なリスクを軽減するため、新しい拠点を模索する日本企業様の役に立ちます。

参加対象者

  • 事業の移転、拡大、多様化のために別の場所を模索・検討している日系企業の皆様。

<本ウェビナーのポイント>

  • ペナンでの事業・サプライチェーンをすでに多様化している日本企業のサクセスストーリー。
  • マレーシア政府機関が提供するインセンティブや投資チャンスの情報共有。

ウェビナー スケジュール (2020年10月14日(水曜日) –  参加費:無料)

  • 09:45 参加者様のログイン開始
  • 10:00 司会からのご挨拶
  • 10:05 開会の辞(JETRO KL)
  • 10:10 MIDA最新の投資インセンティブの説明(MIDA東京事務所)
  • 10:25 ペナン州の投資機会の説明(InvestPenang)
  • 10:40 在ペナン州日系企業様によるご経験の共有
  • 11:25 質疑応答
  • 11:30 終了

と登録については、下記の

https://rb.gy/yjucxj

Background 

  • The Trade War and Covid-19 pandemic have caused major disruption in supply chain which have affected many manufacturing companies and businesses worldwide. These companies have started to rethink and transform their global supply chain model by shifting some of their operations to Southeast Asia as part of business continuity strategy.
  • This webinar will facilitate Japanese companies who intend to explore new locations to diversify their supply chain and reduce future risks of supply chain disruption

Who should attend? 

  • Companies who is exploring for alternative location for relocation, expansion, and diversification their operation

Highlights

  • Learn real life investment and operating experience from Japanese companies who had already diversified their operation/supply chain in Penang.
  • Understand the investment opportunities and incentives available from the Malaysia Government Agencies

Tentative Program (in Japan time and communicated in Japanese language)

  • 1000 – 1005 Opening Remark by Webinar Emcee
  • 1005 – 1010 Welcome Remark by JETRO KL
  • 1010 – 1025 Update on Investment Incentives by MIDA Tokyo
  • 1025 – 1040 Investment Opportunities in Penang by InvestPenang
  • 1040 – 1055 Experience Sharing by TOWAM Sdn Bhd
  • 1055 – 1110 Experience Sharing by JLL Malaysia Sdn Bhd
  • 1110 – 1125 Experience Sharing by Panac Advanced Film Malaysia Sdn Bhd
  • 1125 – 1130 Q&A Session
  • 1130             End of Program

For RSVP, please click here

  • Participation to the event is FREE.
  • All interested participants shall register online by completing the information required. The Zoom invitation link will be sent to participants 1 – 2 days prior the event date.
  • The registration shall close on Oct 13, 2020 (Tuesday) at 12pm.
  • For further inquiry and should you face any problem in online registration, please contact William Email: william@investpenang.gov.my or Line/Whatsapp/iMessage at +6016-440 5589

 

For full information, please click

Webinar flyer – English version

Webinar flyer – Japanese version 

Click here to download the presentation material

  1. マレーシアハンドブック2020特別価格でのご提供のご案内 (Special Price – Malaysia Handbook 2020 by Jetro KL), till Oct 21, 2020 only
  2. Investment Opportunity Investment in Malaysia by MIDA Tokyo
  3. Investment Opportunity Investment in Penang by InvestPenang and Cost of Doing Business in Penang e-booklet
  4. Investment Experience Sharing by TOWAM Sdn Bhd
  5. Investment Experience Sharing by Panac Advanced Film Malaysia Sdn Bhd

16 April

CEO Speaks 2020: Empowering a Post-Covid Economy through Artificial Intelligence (A.I)

InvestPenang is organizing “CEO Speaks 2020” on 15 October 2020 (2.30pm – 3.30pm).
The following are the details of the event:
Topic: Empowering a Post-Covid Economy through Artificial Intelligence (A.I)
Speaker: Mr. Danny Goh, Founder and CEO of Nexus FrontierTech
Topic Outline:
The Covid-19 has brought the most significant changes to the society and economy since the last World War. We will discuss the main differences and how leaders are facing the challenges by accelerating technology adoption such as AI.
We will dive into the big picture of how the situation is forcing leaders to adopt the changes and embrace the future society. The fundamental introduction of AI technology will be shared with some of the most significant examples of use cases in various industries.
Profile of Speaker:
Danny is a serial entrepreneur and an early-stage investor. He is the Founder and CEO of Nexus FrontierTech; an AI research firm that easily integrates AI into organisations’ processes by using NLP to transform idle information into structured data, enabling them to run better, leaner, and faster. He is also the co-author of the Amazon bestseller – The AI Republic: Building the nexus between humans and intelligent automation.
He founded G&H Ventures fund together with Hajime Hotta, which invests in early-stage start-ups primarily in Southeast Asia. G&H Ventures has invested in more than 20 portfolios in deep tech and is building its third fund to help start-ups into the growth stage.
Danny currently serves as an Entrepreneurship Expert at the Said Business School, University of Oxford, a visiting lecturer at the Judge Business School, University of Cambridge and is also an appointed Fellow at the Center for Policy and Competitiveness at the École des Ponts Business School. He is an advisor and judge to several technology start-ups and accelerators including Microsoft Accelerator, Startupbootcamp IoT, and Pitch@Palace. Danny speaks at various conferences including TEDx and World Economic Forum
Registration
This webinar will be conducted virtually via Zoom. Please register your interest via Eventbrite: https://www.eventbrite.com/e/124047574635
Kindly contact Yann at yianling@investpenang.gov.my or 04-646 8833 for more information.

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