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...

SMEs Urged to Upgrade Capabilities, Embrace ESG Standards Under Malaysia’s New Investment Framework

Malaysian small and medium enterprises (SMEs) must upgrade their capabilities and embrace rising global competitiveness and environmental, social and governance (ESG) standards under the...

Malaysia’s First Grid-Connected Battery System Goes Live in Terengganu

Tenaga Nasional Bhd (TNB) has launched Malaysia's first battery energy storage system (BESS) directly connected to the national grid, marking a significant step in...

Penang’s Widest: E&O’s Gurney Bridge at Andaman Island Secures Malaysia Book of Records Title

Eastern & Oriental Berhad (E&O) has earned a place in the Malaysia Book of Records (MBOR) for the Gurney Bridge at Andaman Island, recognised...

Steven Sim: Penang primed to become regional gold and jewellery trading hub

Penang has what it takes to emerge as a regional gold and jewellery trading hub, drawing on its strong manufacturing base, established retail sector...

Penang Targets 20+ International Events Relocating from Middle East Crisis

Penang is positioning itself to capture a significant wave of international conferences and events being relocated from the Middle East as the regional crisis...

Global Chip Boom Fuels Penang: Economist Sees GDP Outperformance Through 2026

Penang's economy is set to ride a sustained global semiconductor upcycle through 2026, with the state's GDP continuing to outpace the national average despite...

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