{"id":41079,"date":"2019-01-15T09:05:59","date_gmt":"2019-01-15T01:05:59","guid":{"rendered":"https:\/\/investpenang.gov.my\/penang-records-rm3-8b-investments-between-jan-sept-2018\/"},"modified":"2025-12-02T17:33:00","modified_gmt":"2025-12-02T09:33:00","slug":"penang-records-rm3-8b-investments-between-jan-sept-2018","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/penang-records-rm3-8b-investments-between-jan-sept-2018\/","title":{"rendered":"Penang records RM3.8b investments between Jan-Sept 2018"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

Penang records RM3.8b investments between Jan-Sept 2018<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

15 January 2019<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”28983″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]GEORGE TOWN: Penang recorded investments of RM3.83 billion in the first nine months of 2018, comprising RM2.16 billion in foreign direct investment (FDI) and domestic investment of RM1.67 billion.<\/p>\n

Chief Minister Chow Kon Yeow said according to the Malaysian Investment Development Authority, Penang registered the highest approved manufacturing FDI among the states in Malaysia at RM8.5 billion since 2017.<\/p>\n

\u201cPenang has grown tremendously from its early days as a colonial trading port to becoming the third largest economy in terms of per capita income among the states and federal territories of Malaysia.<\/strong><\/p>\n

\u201cIn 2017, Penang’s gross domestic product (GDP) per capita surpassed the national level by 18 per cent, amounting to almost RM50,000,\u201d he said in a speech while officiating the Islamic Finance Rendezvous Series (IFRS) 2019 here today.<\/p>\n

The IFRS 2019 is a business engagement programme organised by Bank Negara Malaysia, the Association of Islamic Banking and Financial Institutions Malaysia and the Malaysian Takaful Association, in collaboration with various agencies and business associations.<\/p>\n

Chow said the state government recognised that banks in Malaysia played an important role to provide support to businesses, including small and medium enterprises (SMEs), by offering a wide range of financial products and services such as term financing, trade financing, overdraft and revolving credit.<\/p>\n

According to the SME Annual Report 2017\/2018, the state’s total outstanding SME loans stood at close to RM4 million.<\/p>\n

\u201cPenang is among the top five states with the highest numbers of SMEs, making up 7.4 per cent of the total SMEs in Malaysia.<\/strong><\/p>\n

\u201cThis reflects the huge untapped potential available in various markets and thus there is more that needs to be done,\u201d he added.<\/p>\n

Source: The Star<\/a><\/p>\n

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15<\/h2>\n
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January \u201819<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":31,"featured_media":28983,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[271],"news_month":[199],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41079"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=41079"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41079\/revisions"}],"predecessor-version":[{"id":41082,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41079\/revisions\/41082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/28983"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=41079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=41079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=41079"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=41079"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=41079"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=41079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}