2025

NationGate to acquire French automotive supplier Valeo’s Malaysian unit for RM61m

KUALA LUMPUR (Dec 26): Penang-based electronics manufacturing services provider NationGate Holdings Bhd (KL:NATGATE) is acquiring Valeo Malaysia CDA Sdn Bhd from French automotive supplier Valeo SE for RM60.89 million in cash. Valeo Malaysia is principally involved in the manufacturing of plastic injection-moulded components, printed circuit board assemblies, final testing and assembly of...

Penang continues to be top destination for tourists, hotels record 70 to 80 per cent occupancy rate

Penang continues to be a top destination for both domestic and foreign tourists during the school holidays and Christmas celebrations, with hotel bookings showing strong performance, particularly in major tourist areas. — NSTP/DANIAL SAAD December 26, 2025 GEORGE TOWN: Penang continues to be a top destination for both domestic and foreign tourists during the school holidays and Christmas...

Malaysia logs 78% home ownership in 2024, near-universal access to electricity and water — DOSM

KUALA LUMPUR (Dec 24): Malaysia’s home ownership is on the climb, with the figure seeing a moderate pick-up last year compared to two years ago. About 78% of households lived in their own homes in 2024, up from 76% in 2022, according to a statement from the Department of Statistics Malaysia (DOSM) on Wednesday. Another 19.7% were living in rented living quarters, while 2.4% called...

Gurney Bridge opens, marking a new era of connectivity for Penang’s northern seafront

December 12, 2025 PENANG today celebrated another milestone in its urban transformation with the official opening of the iconic Gurney Bridge, a signature eight-lane link connecting Gurney Bay to Andaman Island. The ceremony was officiated by Chief Minister Chow Kon Yeow, who described the project as a meaningful step forward in the state’s long-term vision for improved mobility, sustainable...

Penang mulls lifting 76m building restriction in new structure plan review

State Local Government Committee chairman H’ng Mooi Lye said the RSN 2040 review is intended to strengthen and improve on the existing RSN 2030, ensuring that the state’s long-term planning remains relevant and comprehensive. — PIC FROM PDRM PULAU PINANG’S FB December 9, 2025 GEORGE TOWN: Penang's State Structure Plan (RSN) 2040 is set to introduce significant policy changes, with the state...

Penang set to capture bigger slice of year-end China tourists

Jetsetters: Tourists from China waiting to board their plane at Penang International Airport, in Bayan Lepas. 04 Dec 2025 GEORGE TOWN: With Chinese tourists shunning Japan and Thailand’s Hat Yai, Penang is poised for a year-end tourism bonanza. Penang tourism committee chairman Wong Hong Wai said Indonesians and Singaporeans, along with Malaysians who normally prefer Hat Yai, are expected to...

Penang bypass project reaches 87 per cent completion Nov 25

Penang Infrastructure Committee chairman Zairil Khir Johari. - NSTP FILEPIC November 25, 2025 GEORGE TOWN: The Air Itam–Tun Dr Lim Chong Eu Expressway Bypass (Package 2) has reached 87 per cent overall physical completion, marking a significant milestone in one of Penang's most important infrastructure projects. State Infrastructure Committee chairman Zairil Khir Johari said, as of Nov 22, three...

Polyplas Invests RM74 Million In High-Tech Penang Factory

November 25, 2025 Polyplas Sdn Bhd, a Malaysian-owned precision injection moulding manufacturer, has launched a new high-tech manufacturing facility in Penang, backed by RM74 million in total investment for the plant and advanced machinery. The expansion aims to enhance operational efficiency, accelerate Industry 4.0 adoption and strengthen Malaysia’s position in innovation-driven manufacturing,...

Penang identifies RM87b worth of rare earth deposits, eyes new economic boom

High-rise buildings are visible from Komtar in George Town, Penang, on July 20, 2022. — Picture by Sayuti Zainudin Thursday, 20 Nov 2025 GEORGE TOWN, Nov 20 — Penang has identified potential non-radioactive rare earth element (NR-REE) deposits worth an estimated US$21 billion (RM87 billion) and which could be a major new economic driver for the state, Chief Minister Chow Kon Yeow said...

Penang best island in South-East Asia for food, says National Geographic

08 Nov 2025 GEORGE TOWN: Penang is the best island in South-East Asia for food, according to a new list of the region's "best islands" by National Geographic. In its Travel section, the publication said Penang earned the second place in its list due to its food, blending heritage, culture and world class dining. “As far as Southeast Asian culinary escapes go, it does not get much better than...

Housing Ministry rolls out price mapping system for affordable homes by state and district

As part of ongoing efforts to support homeownership, Perbadanan PR1MA Malaysia (PR1MA) has launched the “Rumah PR1MA Kita” campaign, which runs until Dec 31. KUALA LUMPUR (Nov 6): The Ministry of Housing and Local Government (KPKT) has undertaken price mapping of affordable homes based on median income levels by state and district, using data from the 2022 Household Income and Basic Amenities...

‘Seaside park beside Tanjung Bungah condo will be open to public’

Aerial view of the site in Tanjung Bungah, Penang, where the Seaside Pocket Park and five-storey wellness suite will be built. Saturday, 08 Nov 2025 A NEW public park overlooking the sea will soon take shape in Tanjung Bungah as part of Penang’s push for greener coastal spaces. The Seaside Pocket Park, to be built by Lone Pine Residence Sdn Bhd beside Lot 4658, forms part of the company’s planning...

New 10:90 Build-Then-Sell model aims to curb abandoned housing projects

Housing and Local Government Minister Nga Kor Ming. KUALA LUMPUR: Under the government's new Build-Then-Sell (BTS) property purchase mechanism, developers will require buyers to pay a 10 per cent advance of the purchase price, with the remaining 90 per cent payable only after the property is completed, issued a Certificate of Completion and Compliance (CCC), and delivered with vacant...

Penang’s Jelutong landfill to close Nov 30 after 40 years as rehabilitation work begins

A view of the Jelutong Landfill Site from a ferry in George Town February 21, 2020 KUALA LUMPUR, Oct 31 — The Jelutong Landfill Site (TPSJ), which has accepted construction and demolition waste and excavated soil for more than 40 years, will cease operations from November 30. The Penang Island City Council (MBPP) said the closure is to allow rehabilitation work at the site. From December 1,...

Sunway REIT sells Penang hotel back to parent for RM60 mil to fund new Seberang Perai project

KUALA LUMPUR (Oct 28): Sunway Real Estate Investment Trust (KL:SUNREIT) is selling back its hotel in Penang — Sunway Hotel Seberang Jaya — to its parent company Sunway Bhd (KL:SUNWAY) for RM60 million, as part of a capital recycling exercise to fund new projects in Seberang Perai. Sunway Group owns a 41% stake in Sunway REIT. In a filing with Bursa Malaysia on Tuesday (Oct 28),...

Penang unveils Green Tech Park of Silicon Island’s visionary smart city for global investors

Wednesday, 29 Oct 2025 KUALA LUMPUR – Silicon Island Development Sdn Bhd unveiled Phase 1 of the Green Tech Park at the Kuala Lumpur Convention Centre, marking another milestone in the creation of Penang’s next-generation hub for high-value and sustainable E&E (Electronics & Electrical) industries. The ceremony on Oct 8 follows the global launch of the Silicon Island at the Japan World...

Penang CM: Mount Erskine Underpass construction set to proceed without major traffic snarls

Chow Kon Yeow assures the public that Mount Erskine Underpass construction will allow traffic to flow above during works. GEORGE TOWN, Oct 16 — There will not be any major traffic disruption during the construction of the Mount Erskine Underpass, said Penang Chief Minister Chow Kon Yeow. The Penang lawmaker said the RM25 million project involves digging an underpass to connect Mount...

Move Over Silicon Valley! Penang’s “Silicon Island” Is Ready To Take On The World

Strategically located just minutes from Penang International Airport, Silicon Island is designed to provide seamless global connectivity, enabling efficient movement of goods and talent. October 15, 2025 Penang recently launched Silicon Island at the World Expo 2025, marking a historic milestone in Penang’s journey to reaffirm its position as the Silicon Valley of the East. Officiated by the...

Zairil: Penang’s RM2.9b North Coastal Paired Road project still on schedule

Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said the Works Ministry (KKR) has approved a special allocation of RM8.8 million for slope repair works at a landslide area in Seberang Perai. GEORGE TOWN, Oct 7 — The North Coastal Paired Road (NCPR) project is now in the final stage of detailed design preparations, state exco for infrastructure, transport and digital...

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