The facility is expected to generate monthly revenue of RM150 million at a maximum production of 750,000 copper-clad laminate sheets. Mass production will begin in the second quarter of 2025. June 21, 2024 GEORGE TOWN (June 20): Taiwan-based copper-clad laminate manufacturer Elite Material Co Ltd (EMC) is investing RM900 million to set up Penang Science Park North facility. EMC chairman and...
June 18, 2024 KUALA LUMPUR: The revised Malaysia My Second Home (MM2H) is expected to renew interest in the programme and spur the high-end segment of the property market. Hong Leong Investment Bank Bhd (HLIB) Research in a note today said the new MM2H guidelines, which received cabinet approval, are more relaxed than the 2021 version, with reduced requirements for fixed deposits, offshore income,...
KUALA LUMPUR (June 11): S P Setia Bhd (KL:SPSETIA), which previously failed to sell its 959.72-acre Tebrau land to Scientex Bhd (KL:SCIENTX) due to Bumiputera requirement issues, has finally sold the plot to a company linked to tycoon Tan Sri Syed Mokhtar Albukhary for RM564 million, cash. S P Setia first tried to sell the land to Scientex in 2021 for RM518.1 million, but the deal fell...
June 11, 2024 LOCALS and tourists in Penang can now skip the hassle of endless scrolling to find places of interest or famous food spots nearby. Instead, they can use the Foodie Guide on the MinitAgo App to explore Penang’s culinary delights and attractions effortlessly. MinitAgo is an innovative app that maps ongoing happenings in real time, making it useful and accessible worldwide. Penang...
June 6, 2024 Penang’s tourism outlook is growing tremendously well following the introduction of numerous direct flights to the island lately. Known for its food haven and heritage enclave, Penang has seen a surge in international visitors over the years. Several direct flights to Penang have been introduced recently, including Juneyao Airlines’ inaugural flight from Shanghai Pudong...
Thursday, 06 Jun 2024 PETALING JAYA: Malaysia has beat Singapore and Thailand as the most loved country in Asia in a ranking by American financial website Insider Monkey. It beat Singapore, which was at third place after Taiwan at second, Thailand at 11th and Indonesia at 12th place respectively. The New York-based website said Malaysia is known for its diverse mix of cultures and religions,...