April 2024

Penang hands out RM6.5m incentives to heritage building owners for restoration works

Penang Chief Minister Chow Kon Yeow, who presented the mock cheques to the recipients of the heritage building repair incentives today, said 47 recipients were selected out of 76 applications for Category I buildings. — Bernama pic Monday, 29 Apr 2024 GEORGE TOWN, April 29 — The Penang government is rolling out its federal-funded heritage conservation initiative with an initial allocation...

Penang strengthens its IC design and advanced packaging ecosystem with arrival of new semiconductor players

April 27, 2024 AN investment of more than US$100 million is expected to be made in Penang by three prominent international semiconductor companies. The three companies – China Wafer Level CSP Co Ltd (WLCSP), Ningbo SJ Electronics Co Ltd (SJE) and Wuxi AMTE Inc (AMTE) are set to strengthen the integrated circuit (IC) design and advanced packaging sectors. WLCSP revolutionises the semiconductor...

MTT Co Sets Sail into Hospitality Industry with Evergreen Laurel Hotel Acquisition

Updated: Apr 17 In an exciting development for Penang's hospitality landscape, Malaysia Trade and Transport (MTT) Co. Sdn. Bhd., a beloved related company of MTT Shipping Sdn. Bhd., has recently acquired the iconic Evergreen Laurel Hotel located in the heart of Penang's vibrant Gurney Bay. This strategic acquisition aligns seamlessly with the ongoing redevelopment of Gurney Bay's waterfront area,...

Penang sets MBOR record with more than one million trees planted across the state

April 22, 2024 PENANG has made it to the Malaysia Book of Records (MBOR) after more than one million trees have been successfully planted across the state to mark the Earth Day today. The initiative is known as the ‘Planting One Million Trees Within a Day in conjunction with Earth Day’. The programme has earned the distinction of planting the most trees in a single day. The tree planting...

More developers turn optimistic on property sector

Tuesday, 16 Apr 2024 PETALING JAYA: More developers are turning optimistic on the local property market amid positive news flow on potential infrastructure projects, active land transactions and influx of investments. RHB Investment Bank noted that major developers – except for UEM Sunrise Bhd, Sime Darby Property Bhd and S P Setia Bhd – are guiding for sales targets that are 10% to 15% higher...

Penang LRT on track to ease traffic and enhance tourism

Wednesday, 10 Apr 2024 GEORGE TOWN: The implementation of the Penang Mutiara Route Light Rail Transit (LRT) project is seen as a beneficial alternative transportation option for residents to alleviate traffic congestion and enhance urban mobility by connecting urban and suburban areas. The LRT line, expected to run from Silicon Island to Komtar and crossing to Penang Sentral in Seberang Perai, is also...

The Westin, Penang

The Westin, Penang — Photo by Marriott The signing ceremony was graced by His Royal Highness, Tuanku Raja Muda of Perlis and Chairman of Westfield Global Sdn Bhd (centre) joined by Dato' Yeoh Yih Sean, Director of Westfield Global Sdn Bhd (on his left), Mr. Kevin Chen, Senior Vice President Hotel Development, Asia Pacific Marriott International (on his right) and witnessed by esteemed Directors from...

Tourism Malaysia confident of reaching target of five million tourist arrivals from China

Tourism Malaysia director-general P. Manoharan speaks to reporters at the Kuala Lumpur International Airport in Sepang April 1, 2024. — Bernama pic  01 Apr 2024 SEPANG, April 1 — Tourism Malaysia is confident that the target of over five million tourist arrivals from China can be achieved this year, supported by the frequency of flights from China to Malaysia. Its director-general P....

Bypass half way to 2025 completion

The 6km stretch will be toll-free and ease traffic congestion in the most densely populated areas on the island. — Photo CHAN BOON KAI/The Star Saturday, 30 Mar 2024 CONSTRUCTION of Package Two of Penang’s Air Itam-Tun Dr Lim Chong Eu Expressway bypass project is 50% complete. With land acquisition matters resolved, the schedule is well under way to be completed in 2025. State...

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