Penang Economic Forum 2026: SMEs at the Centre of Penang’s Next Growth Phase

More than 300 participants gathered in Penang recently for the Penang Economic Forum 2026, a day-long event exploring how small and medium enterprises can...

Central Seberang Perai Poised As Penang’s Next Key Growth Area

Penang is acquiring 809 to 1,214 hectares of new industrial land to meet demand for the next five to 10 years, with Central Seberang...

Penang Hits 81% Of Women Entrepreneurship Target Under Penang2030 Vision

Penang has reached 81 per cent progress towards its goal of increasing women’s participation in entrepreneurship under the Penang2030 vision, Chief Minister Chow Kon...

Penang acquires up to 1,214 acres to seal chipmakers’ landing zone, says CM

Penang Chief Minister Chow Kon Yeow says land scarcity will not hold the state back from courting semiconductor companies. His administration has started acquiring...

Citaglobal Wins RM38m Penang Mutiara LRT Subcontract

Citaglobal Bhd has secured a RM37.79 million subcontract for the Penang Mutiara LRT project, boosting its outstanding order book to about RM1.45 billion. The contract...

Penang Hotels Report Near-Full Occupancy as Long Weekend Draws Tourist Surge

Hotel occupancy rates in Penang have reached between 90 and 100 per cent during the extended holiday period, with some establishments fully booked as...

Laptop prices soar 50% as AI-driven “RAMpocalypse” reshapes global chip market, Penang emerges as key winner

The global artificial intelligence boom has triggered a severe memory chip shortage, dubbed the “RAMpocalypse” by tech enthusiasts, which is driving up consumer electronics...

Magni-Tech snaps up RM133 million Tanjong Bungah beachfront land for property pivot

Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of...

Malaysia Resort Hotels See Bookings Surge Ahead of School Holidays

Resort hotels across Malaysia are seeing stronger bookings ahead of the upcoming long holiday break, with some properties recording occupancy rates above 90 per...

SpaceX Files for IPO, Poised to Become Biggest Stock Market Debut in History

Elon Musk's SpaceX has confirmed plans to sell shares in an initial public offering that could make the billionaire the world's first trillionaire. The American...

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