December 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,...

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