Lonely Planet: Penang is second best place in SEA for solo travellers

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...

Penang tops Malaysia’s exports with RM177bil for January-May

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...

Chin Hin unveils Crown Penang residential development

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...

Taiwan-based Elite Material invests RM900 mil in Penang manufacturing facility

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...

Revised MM2H guidelines to renew interest in the programme, revive high-end segment – analyst [BTTV]

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,...

Syed Mokhtar’s firm buys S P Setia’s Tebrau land for RM564 mil cash

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...

New app to revolutionise local, tourist experience

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...

State’s tourism boosted by direct flights

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...

Malaysia beats Singapore, Thailand as most-loved Asian country, US financial site says

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,...

Google commits RM9.4bil for Google data centre and cloud region in Malaysia

Thursday, 30 May 2024 KUALA LUMPUR: Google will invest RM9.4bil (US$2bil) to house its first Google data centre and Google Cloud region in Malaysia, which is expected to support 26,500 jobs across various sectors and have an economic impact of about RM15.04bil, said the Ministry of Investment, Trade and Industry (Miti). The project, the technology giant's largest planned investment in Malaysia, will...

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