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


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

[Press Release] GlobalFoundries Announces Opening of New Malaysia Office to Support Global Manufacturing Operations

Engineering team in Penang, Malaysia is part of a strategic hub network that will provide round-the-clock support for GF’s global manufacturing operations Penang office will utilize the latest digital manufacturing technologies such as remote access and state-of-the-art Factory Control Tower New site will create 300 new jobs for engineering and manufacturing support roles in Penang […]

[Press Release] Federal Oats Mills Embarks on a New Era of Oats Production with State-of-The-Art Plant

September 21, 2023 – Federal Oats Mills Sdn. Bhd. (FOM), a pioneering leader in the oats industry, is proud to announce a significant milestone as it inaugurates its cutting-edge oat processing plant. With a rich history dating back to its incorporation in 1965, FOM has continuously evolved and innovated, establishing itself as Southeast Asia’s first […]

How Malaysia Fostered a Semiconductors Industry That Brought in Investors Like Tesla & Intel?

Did you know that Malaysia is one of the top 10 semiconductor manufacturers in the world? According to various reports, from ones by Insider Monkey to the government, Malaysia is consistently listed in the top 10 semiconductor manufacturing countries, placed between the UK and the Netherlands at around number seven or eight. Statista reported that in 2022, approximately 32.64 […]

[Press Release] xFusion Sets Up a Global Supply Center in Penang

September 1, 2023 – Leading global provider of computing power infrastructure and services xFusion International Pte Ltd (“xFusion”) (超聚变数字技术有限公司) has chosen Malaysia to house its maiden Global Supply Center. Located in Seberang Perai, Penang, the 254,491 sq ft Global Supply Center will be a key hub for xFusion’s international market, with annual production capacity of […]






Intel to Quadruple Cutting-Edge Chip Packaging Capacity by 2025

August 23, 2023  —  Intel aims to quadruple capacity for its most advanced chip packaging services by 2025, including with a new facility in Malaysia, as America’s biggest chipmaker seeks to regain the global lead in semiconductor manufacturing. The factory being built in Penang will be Intel’s first overseas facility for advanced 3D chip packaging, what […]

‘Streamline TVET and Industry Tools’

Aug 15, 2023 — The government’s expansion of public-private collaboration on technical and vocational education and training (TVET) has garnered praise from educationists. However, they highlighted the need to attract more students and simplify industry requirements, particularly in setting up crucial infrastructure for trainees. EIS-UPMCS Centre for Future Labour Market Studies (EU-ERA) senior economist Dr […]

Coraza Buys Land in Penang for Expansion

Aug 14, 2023 — Coraza Integrated Technology Bhd has acquired a parcel of freehold land in Penang for RM17.69 million to boost its production capacity.   The land, measuring 8,538 square metres, has offices and factories erected on it, said the integrated engineering solution provider in a bourse filing.   Coraza said the acquisition is […]

Malaysia Joins Ericsson’s Global 5G Equipment Manufacturing Supply Chain

Malaysia is the first manufacturing facility in Southeast Asia for Ericsson to produce state-of-the-art Ericsson 5G radios Investment in manufacturing is in addition to Ericsson’s many socioeconomic contributions the company has implemented for Malaysia  Malaysia will benefit from local job creation and skills transfer   August 4, 2023 — Global 5G leader Ericsson (NASDAQ: ERIC) has […]

3 October

InvestPenang x myStarjob Fair 2023

Are you looking for a reliable solution to source the right talent for your company? You are in good hands as InvestPenang are now supporting myStarjob Fair 2023 to bring you Malaysia’s Most Premier Career fair happening in Penang on 10 & 11 June 2023.

The event by myStarjob Fair 2023, has been providing a top-notch career fair to customers like you for many years now. We understand the challenges that come with sourcing the right fit for many companies, and we are committed to providing you with the best possible solution. That’s why we are excited to introduce myStarjob Fair 2023.

MyStarjob Fair 2023 is designed to offer one-stop hiring solutions, enhanced employer branding, and expanding your talent pool. With myStarjob fair, you can also at the same time create brand awareness for the visitors during the fair. And to take advantage of Star Media Group’s 50 years of media outreach & integrated media entitlements as part of your presence, bringing your business values and brand exposure to the next level whilst showcasing your products or services at our myStarjob Fair 2023.

We believe that myStarjob Fair 2023 will be a valuable addition to your business, and we are offering a special discount to customers who are getting four booths at two locations of our fairs.

Don’t miss out on this opportunity to improve your business and simplify your life. Refer to our sales kit+booking form to learn more about myStarjob Fair 2023 and to place your order today.

REGISTER NOW or WhatsApp/Call Star Media Group at +6012-639 3994.

3 October

[SEMICON SOUTHEAST ASIA 2023] InvestPenang Seminar: “Riding the Industry 4.0 Bandwagon: From Automation Equipment Manufacturing to Industrial IOT Solution Provider”

Penang’s capacity and capability to support the industrial needs and long-term growth strategies have well-translated into its unique and competitive edges that constantly attract top-tier multinationals. Fuelled by the increasing availability of new technologies made possible by Industry 4.0, companies in Penang have captured the transformation opportunity, making palpable progress in creating, adopting and implementing solutions at scale. Ranging from equipment manufacturer to automation and industrial IoT solution provider, Penang offers state-of-the-art products and services that focus on the present and ready for the future.

Join the seminar organised by InvestPenang, held in conjunction with SEMICON SEA 2023, with the theme “Riding the Industry 4.0 Bandwagon: From Automation Equipment Manufacturing to Industrial IOT Solution Provider”. Featuring industry captains from Penang’s homegrown automation and equipment companies, this session will shed light on the local players’ automation excellence, with their advance offerings that place Malaysia at the frontier of technology.

Date: 24 May 2023
Time: 3.30pm – 5.00pm
Venue: Main Stage @ Setia SPICE Convention Centre


3.30pm Presentation by Mr. Eugene Khoo, CEO, Experior Technology Sdn Bhd
“Upleveling Malaysia’s semiconductor ecosystem with front-end test design”
3.40pm Presentation by Ms. Teh Wuan Yee, General Manager, Eng Teknologi Sdn Bhd
“Pushing the boundaries of precision engineering”
3.50pm Presentation by Mr. Hawke Tan, CEO, UBCT Industrial Solution Sdn Bhd
“Untangled the complexities of IR4.0 adoption”
4.00pm Presentation by Mr. Edmund Yuen, Managing Director, Ideal Vision Integration Sdn Bhd
“Excelling in advanced machine vision solutions”
4.10pm Presentation by Mr. Chuah Choon Bin, Executive Chairman, Pentamaster Corporation Bhd
“Harnessing innovative technology in smart automation solutions”
4.20pm Panel Discussion
Moderated by Dato’ Seri Lee Kah Choon
5.00pm End

Click here to register: (Complimentary Admission)

For more information, please visit:

For further enquiry on the seminar, please contact +604-646-8833, or Bit Kun at or Phei Wen at


3 October

Talent Dialogue Series: Strategizing TVET & STEM Talents

InvestPenang, in partnership with PSDC and Penang STEM, would like to invite you to join our upcoming Talent Dialogue Series titled “Strategizing TVET & STEM Talents”. This session will be held on 13 April 2023 at 10am to 4pm @ PSDC Auditorium.

This dialogue session will provide you information on:-

  • various TVET offerings available;
  • financial assistance to support companies’ talent development programs; and
  • collaborative opportunities with Penang STEM in their school outreach programs.

Who should attend?
C-suite, HR Management, HRBP

SAVE YOUR SPOT NOW! (RSVP by 06 April 2023)

Scan or Click HERE to register.

3 October

GBS Digital Transformation in Finance & Accounting (PGIA) Seminar


Malaysia is the preferred location for businesses looking to set up shared services. Global Business Services (GBS) model is a hidden gem for many companies to weather through digital initiatives because of their unique capability to work across enterprises.

In the current digital age, data and technology is becoming an increasingly indispensable part of GBS. Ready to take on the challenge, the top industry players are working on improvising and accelerating the transformation of traditional GBS setup to further develop innovative solutions in order to support a wider range of organizations in adapting to the Transformative Age.

To deliver Malaysia’s inspirations towards becoming a regional leader in the digital economy, InvestPenang cordially partnering with Malaysia Digital Economy Corporation (MDEC), Penang Skills Development Centre (PSDC) and Penang GBS Focus Group to conduct the Digital Transformation in Finance & Accounting (PGIA) seminar under PGIA initiative, to accelerate Malaysia’s progress as a technologically advanced economy.

Come network with fellow industry players in this complimentary session and explore the current trends in the Finance & Accounting GBS industry and to find out more about the PGIA initiative.

Admission is free. For RSVP, please click HERE.


  • This event is only limited to industry players.
  • The registration is closed on Mar 14, 2023.

For further inquiry or support, please contact +604-646-8833, or Ain at or Shaz at


3 October

[Supplier Day] Achieving Supply Chain Resilience: Strengthening the Metal Precision & Engineering Ecosystem

Title: Achieving Supply Chain Resilience: Strengthening the Metal Precision & Engineering Ecosystem


Featured Speakers: Jabil, Comet, SAM Meerkat, PAC


Sourcing Partners: Keysight, Plexus, Bruker, VAT, UCT, Greatech, Pentamaster


Date : Nov 3, 2022 @ 0900-1500




As part of the Penang state government’s initiatives to enhance our supply chain ecosystem and upskill the local companies’ capability, InvestPenang plans to organize a Supplier Day titled “Achieving Supply Chain Resilience: Strengthening the Metal Precision & Engineering Ecosystem” on Nov 3, 2022 (Time: 0900-1500). The venue is at The Wembley – A St Giles Hotel, Penang.


The objective of this seminar is for the MNCs to share their latest metal-related sourcing requirements and the parts that they would like to localize in Penang. As of now, the confirmed speakers are Jabil, Comet, SAM Meerkat and Penang Automation Cluster. Aside from the main speakers, There will be several MNCs and LLCs that have the intention to outsource their metal parts/components to set up a small booth in the hall.

Tentative Program (Subject to change):

Time Agenda
0830 Registration
0900 Welcome Speech
0910 Keynote Remark
0930 Sharing Session by Companies (Jabil, Comet, SAM Meerkat, PAC)
1130 Panel Discussion, Q&A Session
1200 Lunch
1330 Visit sourcing display area
1500 End of Program


Featured Speakers

  1. Siew Jin Tan, Managing Director, Jabil Circuit Sdn Bhd
  2. Desmond Shyu, Director of Global Supply Chain, Comet Technologies Malaysia Sdn Bhd
  3. Timothy Tung, General Manager, SAM Meerkat Sdn Bhd
  4. Chuan Keat H’ng, Director, Penang Automation Cluster (PAC)

For RSVP, please click HERE(Registration Closed)

  • Participation in the event is FREE but RSVP is required and subject to organizer’s approval.
  • Max two (2) representatives from each company, priority is given to the Local SME with metal precision machining and engineering specialization
  • The registration shall close by Oct 28, 2022.
  • For further inquiry or support, please contact William at or 016-440 5589



3 October

Launch of Penang GBS Industry Academy (PGIA)

You are invited to join the Launch of Penang GBS Industry Academy (PGIA) by YAB Mr. Chow Kon Yeow, Chief Minister of Penang, which will be held on 8th November 2022, 9.30am at Wembley Ballroom 2, Level 10, The Wembley – A St Giles Hotel, Penang. The event is held in conjunction with Penang 6th GBS Conference 2022 and Penang 50 Years of Industrialisation.

Admission is free, please RSVP by 4th Nov 2022 (Limited to 2 pax per company and/or organisation). For further enquiries, kindly contact Ain or Shaz at or


3 October

Innovation and Career Paths in the Medical Device Industry

In conjunction with the 50th anniversary of Penang’s industrialisation, Association of Malaysian Medical Industries (AMMI) is organizing a Medical Device Industry Career Talk 2022 on the Innovation and Career Paths in the Medical Device Industry.

Date: 25 May 2022 (Wednesday)

Time: 2.00pm – 4.00pm

Platform: Zoom


2.00 pm: Welcome and Introduction

2.05 pm: Welcome Remarks by Mr Christoph Mueller Senior Vice President, Operations, Asia Pacific and Head of Center of Excellence Intravenous Access, B. Braun Medical Industries

2.15 pm: Seeing Your Passion Change A Life by Ms. Joyce Ong, HR Director, Boston Scientific

2.35 pm: Overview of R&D in B. Braun and R&D Graduates Programme by Mr. Sunny Teoh, Senior Manager, R&D Governance, B. Braun Medical Industries

3.00 pm: Developing Passion and Career in Medical Device Industry by Ts. Mohammad Syukur Md Noh, Director of Production Operations, B. Braun Medical Industries

3.20 pm: The Innovation Process by Mr Fun Mun Hin, NPI Manager, Ambu

3.40 pm: Q&A Session, moderated by Mr CS Ching, Executive Director, AMMI

4.00 pm: Session Ends

Registration is available HERE

3 October

Overview and Career Opportunities in the Medical Device Industry

Interested to find out more about the overview and career opportunities in the medical device industry? Join Association of Malaysian Medical Industries (AMMI’s) 2022 Medical Device Industry Career Talk, held in conjunction with the 50th anniversary of Penang’s industrialisation, to hear from a great line-up of speakers.

Date: 19 May 2022

Time: 2.00pm – 4.00pm

Platform: Zoom


2.00 pm: Welcome and Introduction

2.05 pm: Welcome Remarks by Mr. Fearghal Henessy, VP Operations, Boston Scientific

2.15 pm: Overview of the Medical Device Industry by Mr. C.S. Ching, Executive Director, AMMI

2.30 pm: Career Opportunities in the Medical Device Industry by Ms. Suriati Abd Samad, HR Manager, Paramit

2.50 pm: Setting the Bar on Quality Gives My Work Purpose by Ms. Cheryl Fong, Quality System Manager, Boston Scientific

3.15 pm: Bridging the University-Industry Gap by Mr. Jason Ng, Manufacturing Vice-President, UWHM

3.40 pm: Q&A Session moderated by Dato’ Loo Lee Lian, CEO, InvestPenang

4.00pm: Session Ends

Registration is available HERE

3 October

50 Years of Excellence and Beyond: Evolution of Penang’s Industries (Series 3)

12 themes were curated for the year-long celebration of the 50th Anniversary of Penang’s Industrialisation. Each theme leader, who is also the industry expert will share about Penang’s transformation in the respective themes, the current position as well as the opportunities ahead.

Focused themes for Series 3 are:
1. Industrial Revolution 4.0
2. Environmental, Social & Governance (ESG)
3. Talent Development & Cultivation

Join us on March 1, 2022 (Tue), 3.00pm – 4.00pm to understand the evolution of different industries and the immense potential going forward.

Click HERE to register to the webinar.

You are more than welcome to invite your network to join us virtually by extending this invitation.
For further inquiry or support, please contact Phei Wen at, we look forward to hosting you in this webinar.

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