September 12, 2024 UNITED STATES-based Benchmark Precision Technologies has officially expanded its presence in Penang with the opening of its fourth manufacturing facility. The latest facility, located in Batu Kawan Industrial Park (BKIP), spans approximately 8,000 square metres and includes additional expansion space for future development. This complements the company’s other three...
Malaysia’s updated Malaysia My Second Home (MM2H) visa programme has sparked a significant rise in interest among China’s affluent younger generation. — Picture courtesy of Facebook/Malaysia My 2nd Home Programme group By Malay Mail Wednesday, 11 Sep 2024 KUALA LUMPUR, Sept 11 — Malaysia’s revamped Malaysia My Second Home (MM2H) visa scheme has led to a notable increase in interest from...
September 8, 2024 PENANG has officially launched its Science, Technology, Engineering, and Mathematics (STEM) Talent Blueprint at Tech Dome Penang, Komtar, this evening. The blueprint was developed by the Penang STEM Working Group, a special committee comprising InvestPenang, Penang Institute, Penang Skills Development Centre (PSDC), Motorola Solutions, Pentamaster, and Intel. Penang Chief...
Tuesday, 06 Aug 2024 PETALING JAYA: Chin Hin Group Bhd has acquired substantial stakes in two data centre specialist firms totalling RM51.5mil. In a filing with Bursa Malaysia, the company said it had acquired 500,500 (65%) shares in Critical System Specialist Sdn Bhd for RM41.21mil and 195,000 shares (65%) in CSS Engineering and Construction Sdn Bhd for RM10.30mil. Chin Hin said it had entered...
HB Advisor...
Lonely Planet has listed Penang as the second best place for solo travellers. NSTP file pic July 25, 2024 GEORGE TOWN: Penang has been named as one of the seven best places in Southeast Asia for solo travellers. Lonely Planet listed Penang as second after Singapore. Others listed were Danang in Vietnam, Siem Reap in Cambodia, Bangkok in Thailand, Hanoi in Vietnam and Bali in...
Matrade reported that Penang was Malaysia’s main exporter in 2023, contributing 30.5% or RM434.74 billion of the country’s total exports. 22 Jul 2024 PETALING JAYA: Penang remains Malaysia’s top exporter from January to May, with a value of RM177.99 billion, said Malaysia External Trade Development Corporation (Matrade) chairman Reezal Merican Naina Merican. He said Penang was also the...
An artist's impression of the sky deck at Crown Penang. KUALA LUMPUR (July 15): Chin Hin Group Property Bhd (KL:CHGP) unveiled its first development in Penang called Crown Penang on Saturday. According to a media statement issued on Saturday, the residential project is jointly developed by its subsidiary Stellar Platinum Sdn Bhd, Thirupathi Capital Sdn Bhd, and Ivory Meadows Sdn...
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,...