Bursa Stays Higher At Midday, Tracking Regional Markets
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia stayed higher at midday, surpassing the 1,560 level, in tandem with gains in the regional markets as sentiment turned positive.
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Penang’s Medtech Industry A ‘Hidden Gem’ With Strong Growth Potential
By Farhana Poniman
GEORGE TOWN, Aug 10 (Bernama) -- Penang’s medical technology (medtech) industry is rapidly emerging as one of the state’s most promising sectors, driven by strong global demand, robust local capabilities, and a well-established ecosystem.
Penang Targets RM156 Bln GDP By 2030 Under Digital Economy Master Plan
GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.
Budget 2026 Aims To Lift Ceiling Of National Growth, Achieve High-income Status
KUALA LUMPUR, Aug 8 (Bernama) – Raising the ceiling of national growth is one of the three central pillars of the MADANI Economy to propel Malaysia towards a high-income, competitive and sustainable economy grounded in humanistic values and social justice, according to the Finance Ministry (MOF).
Ascott, Coronade Properties Ink Hotel Management Agreement For Coronation Square
SINGAPORE, Aug 8 (Bernama) -- Singapore-headquartered hospitality firm The Ascott Ltd has been appointed by Coronade Properties Sdn Bhd to manage the hotel component of the Coronation Square integrated development in Johor Bahru.
Penang Mulls Botanical Gardens-Gurney Bay Cable Car Link
GEORGE TOWN, Aug 6 (Bernama) -- The Penang government has requested Hartasuma Sdn Bhd, the concessionaire for the Penang Hill cable car project, to conduct a feasibility study on a proposed new cable car route linking the Botanical Gardens to Gurney Bay.
ZOLL Executive Receives Dato’ Title For Lifesaving Efforts In Penang
KUALA LUMPUR, Aug 5 (Bernama) -- ZOLL, a medical device and software solutions company under Japan’s Asahi Kasei Group, announced that Christopher Barnabas, Vice President of its Acute Care Technology division, has received the prestigious honour from the Penang state government.
Dialight Set To Inaugurate Penang Facility, Powering APAC Growth
KUALA LUMPUR, Aug 5 (Bernama) -- Dialight, a global leader in industrial LED lighting and opto-electronic LED technology, has announced the official inauguration of its new manufacturing facility in Penang, taking place on Aug 12.
Paramount Expects Full Take-up For Embun Hills Project
BUKIT MERTAJAM, Aug 3 (Bernama) -- Paramount Corp Bhd's unit, Paramount Property (Utara) Sdn Bhd is confident its newly-launched project here, Paramount Embun Hills, will be fully taken up, given the project’s strategic location and design.
Penang Launches RM296 Mln 'GBS By The Sea' Development In Technoplex Bayan Lepas
GEORGE TOWN, Aug 2 (Bernama) -- Penang continued to cement its status as a global business and technology hub with the official launch of “GBS By The Sea”, a landmark RM296 million development located in Technoplex Bayan Lepas.
Nationwide Vendor Roadshow Unlocks New Airport Partnership Opportunities - Malaysia Airports
KOTA KINABALU, Aug 1 (Bernama) -- Malaysia Airports Holdings Bhd has launched a nationwide Connect and Collaborate Vendor Roadshow beginning this week in Kota Kinabalu to cultivate a stronger and more competitive vendor ecosystem across the country.
US Tariff Reduction Positive For Malaysia’s Export Sector -- Chow
GEORGE TOWN, Aug 1 (Bernama) -- The United States’ (US) decision to reduce the tariff rate from 25 per cent to 19 per cent is a positive development for Malaysia’s export sector, particularly in Penang, which is active in industries such as electrical and electronics (E&E), manufacturing, and medical devices.