WHAT’S HAPPENING
View major news and upcoming events to explore Penang’s thriving key industries.
Penang: The Silicon Valley of the East
May 11 – The state of Penang, nestled along the northwest coast of Peninsular Malaysia, needs no introduction in the global electronics manufacturing sector. Despite its diminutive stature with just over 1,000 square kilometers of […]
Malaysia’s Global Business Services Market to Grow to RM6b, says MDEC
May 3 – MALAYSIA is expected to grow its global business services (GBS) market size from US$1.3 billion in 2019 to US$1.5 billion (RM6.15 billion) by the end of 2024, based on a report from GlobalData […]
Malaysia is Home to Intel’s Largest Solar Farm Outside US
Apr 22 – US-based semiconductor manufacturer Intel Corp said today its Malaysian operations are now harnessing solar energy to help power its six buildings across its Kulim and Penang campus and that the project is […]
Globetronics Embarks on RM50 Million Industry 4.0 Transformation Programme for Business Sustainability
Apr 21 – Globetronics Techology Bhd., a leading miniaturised optical sensors manufacturer in Malaysia, announced the establishement of a cloud-based state-of-the-art platform through the adoption of Industry 4.0 processes in their high volume mass production […]
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 […]
16 May
[Webinar] SMART Capability Building Workshop: Is Your Supply Chain Resilient?
Title: Is your supply chain resilient?
Featured Speaker: DHL Malaysia
Date : May 4, 2021 @ 1400-1600
Background
The COVID-19 pandemic has hit the business world on an unprecedented scale and speed. It has caused closures of business, stoppage of factory outputs, disruption to global manufacturing industries and their supply networks. The COVID-19 crisis also underlines the importance of resilience as it has generated both supply and demand shocks within a short time because of the international fragmentation of production along global supply chains. The question is, “is your supply chain resilient?”.
This webinar is jointly organized by InvestPenang and DHL which aim to share how to strengthen Supply Chain Resiliency by leveraging on Innovation as well as the top 10 supply chain risks stemming during the pandemic. The speakers will be sharing the following key takeaways and also case studies on technology trends for supply chain resilience.
Key Takeaways
Participants will be able to understand and benefits from the following key takeaways: –
- why innovation is crucial in times of COVID-19 and how to focus on innovation trends
- the ability of a supply chain to both resist disruptions and recover operational capabilities after disruptions occur
- highlights risk and resilience, examines the risk impacts from COVID-19
- how companies will rebuild while also creating a better, stronger supply chain for the future.
Featured Speakers
- Goh Zhong Guo, Innovation Manager, DHL Asia Pacific Innovation Center (APIC)
- Mohammad Ridwan, Business Developer Director, DHL Supply Chain Malaysia
For RSVP, please click HERE
Register- Participation in the event is FREE but RSVP is required (online registration).
- The registration shall close on May 2, 2021, 5pm.
- For further inquiry or support, please contact Mr. Chen William at william@investpenang.gov.my or 04-646 8833
16 May
Onwards & Upwards: Explore New Careers #2
as our collaborative partner, we have invited industry leaders from Jabil, Pentamaster, and Teleperformance to share the insights on their esteemed companies, on new job opportunities and career advancements that you could explore! Grab this chance to interact closely with these industry leaders.
Onwards & Upwards: Explore New Careers #2
8 May 2021
10.30am – 12.00pm16 May
[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 (click on speaker’s name to view their presentation materials):
- Lee Kah Choon, Special Investment Advisor to the Chief Minister of Penang and Director of InvestPenang (Corporate Video 1, Corporate video 2)
- 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 (Corporate Video)
The panel session will be moderated by Mr. Marco Winter, Executive Director of Malaysia Dutch Business Council (MDBC).
*The webinar recording is available upon request only.
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:
- 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 May
CEO Speaks 2021
16 May
[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 May
[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:
- Fulfil National Investment Aspirations (NIAs) of enhancing economic complexity, high-value job creation, domestic linkages and creation of new industrial clusters
- 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:
- 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:
- 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 May
[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 May
[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:-
- 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.
- 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.
Register at: https://zoom.us/webinar/register/WN_l7Akc480TCKGfdyj8ldOEA
Agenda
| 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 May
[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.