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GEORGE TOWN, May 1 (Bernama) -- Penang’s economy is on a very strong footing as it moves into the second quarter of 2026, and the state continues to maintain its position as Malaysia’s “Export Engine,” contributing nearly 45 per cent to total national exports.
GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.
GEORGE TOWN, April 21 (Bernama) -- Penang’s business events sector recorded an economic impact of RM1.91 billion in 2025, underscoring its growing role as a key pillar of the state’s tourism and services economy amid global uncertainties.
GEORGE TOWN, April 9 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry has announced up to RM5 billion in low-cost financing for small and medium enterprises (SMEs) to drive growth and transformation.
GEORGE TOWN, March 10 (Bernama) -- Penang recorded RM22.4 billion in approved manufacturing investments in 2025, a 29 per cent increase from 2024, reinforcing the state’s position as a key industrial hub despite global economic uncertainties.
GEORGE TOWN, Feb 18 (Bernama) -- The strengthening of the ringgit against the US dollar is seen as a positive development for the Malaysian economy, thus offering direct benefits to the people and the country's business and investment sectors.
GEORGE TOWN, Feb 5 (Bernama) -- Penang’s long-standing economic partnership with China continues to play a pivotal role in strengthening the state’s industrial ecosystem, with Chinese investments reaching nearly RM16 billion over the past decade.
BUKIT MERTAJAM, Jan 22 (Bernama) -- YBS International Bhd (YBS) is projecting its revenue to increase sharply from RM100 million to RM600 million following the completion of a landmark strategic investment to acquire the Allied Group of Companies.
GEORGE TOWN, Dec 17 (Bernama) — Penang’s home-grown nature learning destination Entopia today marked a major milestone with the signing of an exclusive franchising agreement with DEMED Group of Turkiye, paving the way for its expansion into eight countries and positioning it on the global stage.
GEORGE TOWN, Dec 12 (Bernama) -- Eastern & Oriental Bhd (E&O) today officially unveiled the Andaman Gurney Bridge, marking a significant new gateway to Andaman Island and reinforcing the developer’s commitment to sustainable placemaking along Penang’s northern seafront.
GEORGE TOWN, Dec 3 (Bernama) -- InvestPenang and Intel Corporation will continue working closely together to strengthen Penang as the state transitions into the critical areas of advanced packaging and next-generation technologies.
GEORGE TOWN, Nov 15 (Bernama) -- Malaysia’s economy remains stable and resilient despite various global challenges, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
