Intuitive to Invest Nearly US$500M in Penang Over Five Years

Nasdaq-listed Intuitive Surgical Inc plans to invest nearly US$500 million in Penang over its first five years of operations as the robotic-assisted surgery company...

PDC To Develop BKIP2 Itself After Three Failed Tender Rounds

The Penang Development Corporation (PDC) will take full control of the proposed Batu Kawan Industrial Park 2 (BKIP2) development in Byram after multiple Request...

ARK Resources Seeks Shareholder Nod For RM28 Million Penang Land Purchase

ARK Resources Holdings Bhd is asking shareholders to approve its RM28 million acquisition of three adjoining parcels of industrial land on Pulau Jerejak, Penang. The...

Eppendorf to Build First Southeast Asia Manufacturing Plant in Penang With RM180 Million Investment

German life science company Eppendorf Group will invest about RM180 million to build its first manufacturing facility in Southeast Asia at Bandar Cassia Technology...

Pernas Hands Out RM21 Million In Franchise Financing To 69 Bumiputera Entrepreneurs At PIHEX 2026

Perbadanan Nasional Berhad (Pernas) delivered RM21 million in franchise financing to 69 Bumiputera franchise entrepreneurs during BizFrancais 2026, held in conjunction with the Penang...

RM5 Million Boost for Bumiputera Semiconductor Participation in Penang

Prime Minister Datuk Seri Anwar Ibrahim has announced a RM5 million allocation under the Bumiputera Semiconductor Action Plan to boost Bumiputera companies' participation in...

Penang Taps PwC To Chart Roadmap For International Financial Centre

The Penang government has appointed PricewaterhouseCoopers Advisory Services Sdn Bhd (PwC) as consultant to prepare a white paper, strategic blueprint and action plan for...

PWCC Opens Registration for Business Scaling and Expansion Summit 2026

The Penang Women Chamber of Commerce (PWCC) has opened registration for its Business Scaling and Expansion Summit 2026, a one-day conference aimed at helping...

Penang Industrial Property Demand Surges as Global Supply Chains Shift East

CIMB Research's recent site visits across Penang have uncovered a clear trend: demand for purpose-built industrial and logistics facilities is climbing fast, driven by...

Penang Signs Landmark 40-Year Water Deal With Perak, Paying RM210m Annually To Secure Future Supply

Penang has secured a second major water source after signing a Bulk Water Supply Agreement with Perak on 15 July, committing to pay an...

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