Penang

Chin Hin Group Property Launches Crown Penang: A New Residential Marvel Chin Hin Group Property Bhd (KL) has made a significant entry into the Penang property market with the launch of its first development in the state, named Crown Penang. This exciting residential project was unveiled on Saturday and promises to deliver luxury and convenience to its future residents. Joint Development and Strategic...

Taiwanese circuit board materials manufacturer Elite Material Co Ltd (EMC) has commenced construction of a new RM900 million manufacturing facility at the Penang Science Park North near Batu Kawan. This significant investment marks a notable addition to Penang's robust industrial landscape and highlights the state's attractiveness for multinational corporations. Facility Details and Construction...

Penang's Semiconductor Industry: The Silicon Valley of the East Attracts Major Investments In recent years, Penang, Malaysia, has emerged as a major hub for the semiconductor industry, earning the nickname "Silicon Valley of the East." This transformation is a result of strategic investments, favorable global conditions, and a solid industrial foundation built over decades. Surge in Foreign Direct...

The Penang state government has finalized the alignment for the Mutiara Line Light Rail Transit (LRT) project proposed by Mass Rapid Transit Corp Sdn Bhd (MRT Corp). This decision marks a significant step forward in enhancing Penang's public transportation infrastructure. Alignment Selection Penang Chief Minister Chow Kon Yeow announced that the state has agreed to the alignment proposed by MRT Corp,...

In 2022, Malaysia's medical tourism revenue soared to approximately 1.3 billion Malaysian ringgit, marking a remarkable twofold increase from the previous year. Despite the challenges posed by the global pandemic, the resilience of Malaysia's healthcare sector has positioned the country as a premier medical destination in Southeast Asia, with Penang emerging as a prominent hub for medical...

In a groundbreaking move, the Penang government, in collaboration with Mass Rapid Transit Corp Sdn Bhd (MRT Corp), is spearheading the development of a 'low- to medium-capacity' system for the Penang LRT (Mutiara Line Light Rail Transit) project. This strategic decision marks a significant shift in the landscape of public transportation in Penang, with a strong focus on adaptability and efficiency to cater...

In the heart of Malaysia's vibrant northern state of Penang, a transformative development is underway that promises to reshape the landscape of the country's semiconductor industry. Taiwan-based Siliconware Precision Industries Co Ltd has broken ground on a groundbreaking RM6 billion semiconductor packaging and testing facility at the Bandar Cassia Technology Park, solidifying Penang's reputation as a...

Penang is currently experiencing an economic surge, characterized by dynamic growth in its technology, property, and construction sectors. This upward trajectory is significantly driven by consistent investments, particularly in the electrical and electronics (E&E) industry, and bolstered by substantial infrastructure enhancements across the state. Tech and Construction Sectors Flourishing RHB...

The unveiling of the Penang LRT Mutiara Line marks a transformative step in enhancing the state's transportation network. Spanning 28 kilometers and featuring 22 strategically placed stations, this line is set to significantly boost connectivity across Penang, providing efficient transit solutions from the mainland to the island's core urban areas. A Comprehensive Look at the Mutiara Line Stations The...

In a significant development in Malaysian infrastructure, Transparency International Malaysia (TI-M) has called for stringent independent oversight of the Penang Light Rail Transit (LRT) project. This call comes in light of concerns over the direct tender process awarded to SRS Consortium Sdn Bhd, a subsidiary of Gamuda Bhd. Muhammad Mohan, the president of TI-M, emphasized the necessity of third-party...