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] Lam Research Enhances its Batu Kawan, Penang Operations with State-of-the-Art Automated Warehouse

New, Efficient Facility Accelerates Speed to Customers in Asia; Features Malaysia’s Largest Automated Storage and Retrieval System May 7, 2024 – Lam Research Corp. (Nasdaq: LRCX), a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, today announced the official opening of its new, automated warehouse in Batu Kawan, Penang. The […]

[Press Release] Penang Unveils Plans for Its IC Design and Digital Park

Offering 1 million square feet of premium office space to cater for high-impact projects Penang, May 4, 2023 – The Penang State Government unveils its plans for the establishment of its Integrated Circuit (IC) Design and Digital Park which will offer a total of 1 million square feet of premium office space (including existing Innoplex […]

[Press Release] TTM Technologies Celebrates the Grand Opening of its First Manufacturing Facility in Penang

The new facility is designed to meet the growing need to improve the resilience of the printed circuit board supply chain and expand geographic diversity April 25, 2024 – TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and quick-turn […]

[Press Release] Ultra Clean Holdings, Inc. Announces the Inauguration of its New RM250million Manufacturing Facility in Pulau Pinang

Ultra Clean Holdings, Inc. has opened a new manufacturing facility in Pulau Pinang, marking a major expansion in the semiconductor sector. Anticipated to generate an additional USD600 to USD800 million in revenue, significantly enhancing the local economy. From zero employees in 2020 to over 600 today, the facility boosts local employment and community involvement. The […]

[Press Release] LEM Inaugurates New High-Tech Plant in Malaysia

Electrical measurement technology specialist LEM has inaugurated a new €15.7m ($17m) state-of-the-art factory in Malaysia that combines environment-friendly design with advanced manufacturing technology. Setting up this new factory reflects LEM’s growth plan which is driven by increasing global demand for the company’s core products, current and voltage sensors. The need for decarbonization in mobility, industry, […]

Time is ripe for Malaysia to move upstream into designing chips

An employee inspects a printed circuit board at a production facility of automated test equipment designer Aemulus Holdings in Penang, Malaysia.   © Reuters   Wee Chian Koh is an economist with the ASEAN+3 Macroeconomic Research Office in Singapore. Marthe M. Hinojales and Hongyan Zhao are senior economists with the organization. April 11, 2024 — The increasingly […]

[Press Release] FinHero Welcomes NTT Data Corporation as a Stakeholder

March, 29 2024 – In a significant stride towards fostering financial inclusion, FinHero is honored to announce NTT Data Corporation’s stake in our journey. This collaboration, celebrated at Mercure Penang Beach Hotel, validates FinHero in the regional markets. FinHero ( is a Penang based FinTech Startup, developing B2B financial solutions focusing primarily on Asian markets.  […]

Malaysia: The Surprise Winner from US-China Chip Wars

March 11, 2024 — Tension between Beijing and Washington over access to technology has prompted many companies to open factories in south-east Asia Shortly after a Chinese company opened up nearby, employees at Malaysian contract manufacturer Kemikon walked outside their factory to find sheets of paper stuck to their car windshields. The flyers were from […]

[Press Release] Actiforce Establishes A RM50-Million, State-of-the-Art Manufacturing Facility in Penang

The new facility will serve as a hub for research and development (R&D), manufacturing and distribution of furniture fittings, catering to global customers’ demands   March 5, 2024 – Actiforce, a global leader in the furniture components industry originating from the Netherlands, has officially achieved a new milestone in Malaysia with the opening of its […]

19 May

EMAX & PMAX 2024


The 4th Edition of Electronics Manufacturing Expo Asia (EMAX) 2024 and 3rd Edition of Penang Manufacturing Expo (PMAX) 2024, the Penang’s Largest Electronics & Industrial Manufacturing EXPO will be held in July in Penang. It is a platform that gathers international congregation of chip manufacturers, semiconductor manufacturers and equipment suppliers to showcase the latest developments in the industry.

Here are the details:

Date: 24 – 26 July 2024
Venue: Setia SPICE Convention Centre

Why join us?

  1. Meet the Electronics & Manufacturing Industry with Experts: An exclusive exploration of industry insights, where we’ll uncover the latest trends, innovations, and strategies that are revolutionising the sector
  2. Unlock Valuable Insights: Engage in meaningful conversations with industry leaders and explore cutting-edge innovations and technologies
  3. Expand Your Networking: Share ideas, forge partnerships, and build relationships to unlock new opportunities for growth and collaboration

Don’t miss out on this unparalleled opportunity to expand your knowledge and network. Join us at EMAX & PMAX 2024 for an immersive experience that promises insights, inspiration, and endless possibilities!

To exhibit, please visit or to elevate your business to new heights.

For detailed information or enquiries, please call +60 3 6151 9178, whatsapp to +60 12 639 4271 or email to


19 May

CMM Simplified ESG Disclosure Guide (SEDG) Adopter Workshop for SMEs

Capital Markets Malaysia (CMM) and the Securities Commission Malaysia introduced the national Simplified ESG Disclosure Guide (SEDG) for SMEs in Supply Chains in October 2023, primarily tailored for Malaysian SMEs. This guide aims to offer standardised disclosure guidelines, facilitating companies in collecting, monitoring, and reporting data beneficial to stakeholders such as customers, investors, and regulators.

Since its inception, the SEDG has garnered significant interest in businesses seeking to embark on their ESG reporting journey.

To further bolster the adoption of the SEDG, CMM has curated a series of workshops across Malaysia dedicated to support the sustainability journey of Malaysian SMEs. These workshops offer valuable insights and practical guidance for seamlessly adopting the SEDG. In 2024, we will be organising four workshops, kicking off in Kuala Lumpur.

For the upcoming workshop in Penang (supported by InvestPenang and Penang Green Council) is scheduled as follows:

Date: 27 May 2024 (Monday)
Time: 9:00am – 1:00pm
Venue: Olive Tree Hotel Penang
Registration: 8:30am onwards

Key programme highlights:

  • Sustainability and ESG in Business
  • Sustainability Definitions and Frameworks
  • Overview of SEDG
  • Review of SEDG Disclosures

Attendance is complimentary, but pre-registration is required. Seats are limited and on a first-come, first-served basis. Please RSVP through this link.

For any further inquiries, please contact Al Fadzriq at +6012-373 4717.


19 May

GBS 2.5 Talk Series #2: A Special CHRO Session – Technovation: Empowering HR for the Digital Era


InvestPenang’s GBS 2.5 Talk Series #2, “Special CHRO Session”, held concurrently with the Penang Career Discovery Day 2024, aims to shed light on current digitalisation trends in the industry and equip HR leaders in Penang with essential tools, knowledge, and networks to excel in an ever-evolving digital landscape.

This event is organised by InvestPenang and supported by Leaderonomics and

Details of the event are as follows:
Date      : Thursday, May 23, 2024
Time     : 8:00 am – 2:30 pm
Venue   : St. Giles Wembley Hotel, Penang (Level 10)

Themed “Technovation: Empowering HR for the Digital Era,” the seminar will address the seismic shifts in the workplace and equipping HR leaders with essential tools, knowledge, and networks to excel the ever-evolving digital landscape with HR leaders spearheading digital transformation in their organisations in Penang and across the nation.

Participants will have the opportunity to gain valuable knowledge and network with the academia and industry professionals, including speakers with expertise in digitalisation and HR management.


Below are available pass types:

Pass Type Commitment Fees Remarks
Seminar Delegate Pass RM50 per pass Limited to 100 pax
Service Provider Booth RM500 per booth
(with 2x complimentary passes)
Limited to 10 companies


Seats are limited and on a first-come, first-served basis. Please RSVP through this link or scan the following QR code by Thursday, May 16, 2024.


For any further inquiries, please contact:

Tun Ain
+6019 477 7234

Badrul Hafizi
+6019 276 0402

Or call +604-6468833

19 May

Penang Workshop for SMEs & Business Leaders: Climate Action & Business Integrity

UN Global Compact Network Malaysia & Brunei (UNGCMYB), is partnering with InvestPenang, Penang Green Council (PGC) and Alliance Bank to conduct a one-day programme for SMEs and business leaders titled “Climate Action Workshop & Business Integrity Workshop”.

The details are as follows:
Date: Thursday, 16 May 2024
Time: 9.00am – 5.30pm
Venue: Amari SPICE Penang

1. First Session: Climate Action Workshop (8.30am – 1.00pm) – SMEs are vital to Malaysia’s economy but are also vulnerable to climate risks. Learn how to demonstrate climate performance, transition to low-carbon practices, and tap into green market opportunities!
Remarks : Participants must bring their laptop and company electricity bills, (Petrol and Diesel bills, if any )
Min. 3 months – the more the merrier!
Registration will be open from 8.30am – 9.00am.

2. Second Session: Business Integrity Workshop (1.30pm – 5.30pm) – Discover the power of collective action in addressing corruption issues. Network with stakeholders to enhance integrity in the private sector, especially for SMEs facing compliance risks.
Registration will be open from 1.30pm – 2.00pm

Don’t miss out on this opportunity to expand your knowledge, gain valuable insights and network. Lunch is included. Secure your spot now by registering here. Maximum 2 representatives per company. As this is a complimentary event, seats are limited and on a first-come, first served basis. However, priority will be given to UNGCMYB members.

For further inquiries, please contact Nurul Fadhilah Musbah at 014 857 0696 or



19 May

MPIA Solar Roadshow 2024

The Malaysian Photovoltaic Industry Association (MPIA), in partnership with InvestPenang, Energy Commission, Sustainable Energy Development Authority Malaysia (SEDA Malaysia), Malaysian Green Technology And Climate Change Corporation (MGTC) and Malaysian Investment Development Authority (MIDA), is conducting The MPIA Solar Roadshow 2024, with the theme of “liberalization of the grid” reflects the transformation occurring within the energy landscape. This event will provide a dynamic platform for industry experts to share their knowledge and insights on various topics relevant to solar energy.

The subjects discussed will be covering grid readiness towards enabling energy transition, battery storage systems for both on-grid and off-grid applications, and the Electric Vehicle (EV) infrastructure landscape, which will offer attendees a comprehensive understanding of the current market developments in the solar energy industry.

Officiated by:  YAB. Tuan Chow Kon Yeow, Chief Minister of Penang 

Speaker Highlights:

  • Ir. Prof. (Adj.) Ts. Zahari Hj. Dollah, Head of Asset Management, TNB
  • Muhammad Rizal Azmi, Assistant Vice President, Business Development & Sales of Bursa Malaysia
  • Mr. Tee Lian Hong (Liho), Business Development Director of Pekat Solar Sdn Bhd
  • Mr. Roy Heong, Head of Strategic Partnership, Group Strategy of Alliance Bank Malaysia Berhad
  • Ir. Nirinder Singh Johl, Chief Executive Officer of Asia Carbonx Change Ptd

Details of Conference and Exhibition
14 May 2024 (Tuesday)
Time: 8.15am – 4.40pm
Venue: Eastin Hotel, Penang
Admission: Free with RSVP required. (click here to register, limited to 2 participants per company).

Don’t miss out this opportunity to gain insights about current market developments in the solar energy industry.

For more inquiries and support, please call +60 3 6151 7227 or email the enquiry to or



19 May

Penang Tech, Engineering & Semicon Career Fair 2024

Talentbank, an enabler in the employability ecosystem, focused on producing career-ready candidates and helping them achieve better careers by connecting them with industry leaders who welcome world-class talent, is hosting an inaugural Penang Tech, Engineering & Semicon Career Fair 2024.

Partnering with InvestPenang, this career fair aims to attract talent not only from Penang but also across the nation to enhance the talent ecosystem in Penang. Talentbank is extending invitations to candidates from over 50 public and private universities throughout Malaysia.

Details of the event are as follows:
Date: Saturday, 4 May 2024
Time: 10am – 4pm
Venue: JEN Penang, Georgetown

Here’s why you should participate:

  1. Visibility: Position your brand in front of hundreds of talented individuals looking to forge a career in the tech industry, enhancing your brand reputation and reach.
  2. Talent Acquisition: This event presents a prime opportunity to attract and recruit skilled tech talent in a concentrated setting, thus expediting your hiring process.
  3. Networking: Interact with fellow industry leaders, fostering collaborative relationships and facilitating mutual learning.
  4. Promotion: Your participation will be advertised across our diverse marketing channels, providing exposure to a wider audience beyond the event itself.
  5. Talent Pool Access: Unlock an exclusive selection of attendees’ profiles to streamline your recruitment process – limited access.

Don’t miss this opportunity to learn, network, and elevate your company’s visibility. Join us at the Penang Tech, Engineering & Semiconductor Career Fair 2024.

Learn more about the event at

For further enquiries on registration, kindly fill up this interest form or contact Amanda Yong at +6012 494 3212 /

19 May

Logistics Industrial Forum (LIF) 2024

The Logistics Industrial Forum (LIF) 2024, an event aimed at fostering collaboration and knowledge exchange within the logistics and transport sector in Malaysia. This forum is jointly organized by Malaysia Productivity Corporation (MPC), Kementerian Pengajian Tinggi (KPT), PKT Logistics Group Sdn. Bhd., Universiti Malaysia Terengganu (UMT), Universiti Utara Malaysia (UUM), and Politeknik Malaysia.

The event details are as follows:
Forum                 : Logistics Industrial Forum (LIF) 2024
Theme               : Empowering Change for a Sustainable and Productive Future, Malaysia’s aspiration to become the Next ASEAN Logistics Hub
Date                    : 29 April 2024 (Monday)
Time                   : 8.00 am – 5.00 pm
Venue                 : The Ship Campus, Batu Kawan, Penang
Admission         : By Invitation

To register, please scan the QR code provided in the poster or visit to secure your spot by 19 April 2024 (Friday).

CPD points will be provided for CILT members.

For further inquiries, please contact:

  1. Dr. Rushanim Hashim at or 013-4880014
  2. Assoc. Prof. Dr. Suhaila Abdul Hanan at or at 011-24303207.
  3. Puan Nazahiah at or at 018377451
  4. Encik Muhammad Adib bin Kaman at or at 0172464623


19 May

GBS 2.5 Talk Series 2024 #1: Creating the Silicon Valley of the East 2.0 – Penang as a leading hub for GBS, Research, Design and Development

InvestPenang’s GBS 2.5 Talk Series #1, titled “Creating the Silicon Valley of the East 2.0 – Penang as a leading hub for GBS, Research, Design and Development.”, aiming to shed lights on the global outlook and trends within the digital economy industry, while uncovering key highlights in Malaysia’s digital economy and Penang’s competitive edge in supporting the ecosystem.

This event is organized by InvestPenang in collaboration with Malaysia Digital Economy Corporation (MDEC), Penang GBS Focus Group Members, Penang Skills Development Centre (PSDC), and UST Malaysia.

Details of the event are as follows:
Date      : Tuesday, March 26, 2024
Time     : 1:30 pm – 4:30 pm
Venue   : Auditorium, Penang Skills Development Centre (PSDC), Bayan Lepas

Themed “Bridging Eras of Innovation in GBS,” the seminar will also feature insightful discussions on Malaysia and Penang’s roles as hubs for GBS, Research, Design, and Development, as well as the evolution of the GBS industry through the integration of automation, generative AI, and analytics.

Participants will have the opportunity to gain valuable knowledge and network with the academia and industry professionals, including speakers from newly invested entities in R&D and software development. The seminar targets business leaders and professionals within the digital economy industry.

Complimentary Event: Seats are limited and on a first-come, first-served basis. Please RSVP through this link or scan the following QR code by Friday, March 22, 2024.

For further enquiries or support, kindly contact Ms. Shazanah, at +60 16 489 9780 or email or Mr. Badrul, at +60 19 276 0402 or email




19 May

The 45th IAA World Congress 2024

The International Advertising Association World Congress (IAAWC), held every 2-3 years in major cities, focuses on sustainability, diversity, equity, inclusion, and environmental, social, and governance (ESG). It brings together professionals from various industries and celebrates the 85th Anniversary of IAA Global, the 30th Anniversary of IAA Malaysia, and International Women’s Day. The congress will take place in Penang, Malaysia, known for its rich heritage, arts, and culture, providing participants with an opportunity to immerse themselves and gain knowledge, inspiration, and energy.

This congress is co-hosted by IAA Malaysia, Petace and the Penang Convention and Exhibition Bureau (PCEB) and InvestPenang. The 45th IAAWC 2024 theme is “Brand: RE-CODE, for a Better World, Better Life”.

Here are the details:
Date: 6 – 8 March 2024
Venue: Setia SPICE Convention Centre
Course fee: RM3,850* (HRD Corp Claimable)

*This 3-Day Congress Fee includes meals & refreshments, dinners and access to all Congress events.

Why join us?
• Connect with peers from the industry worldwide.
• Learn from experts on how Sustainability, ESG, DE&I and AI can be a force for good during the sessions, talks and interviews.
• Gain first-hand knowledge and insights on how integrating technologies into creativity can create greater value of brands & businesses.
• Be inspired by leaders who are Re_Coding and shaping the future

Who should attend?
• Board Directors CEOs, CMOs, CSOs, CTOs and C-suite personnel.
• Marketing, Brand & Product Managers.
• Advertising, Digital & Media agencies.
• Management Consultants & Advisors.
• Government, Policymakers & NGOs.
• Academics & Students

Don’t miss the opportunity to learn, network, and inspire positive change. Join us at the 45th IAA World Congress 2024.

Visit for enquiries on registration, hotel bookings at IAAWC rates & sponsorship opportunities.

For further enquiries on HRDC Claimables, kindly contact Amy Chia, at +6012-236 2744 or email


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