Penang News
DRB-Hicom Bhd’s widening net loss to RM15.19 million in the third quarter ended September highlights a concerning trend in Malaysia's industrial sector. While DRB-Hicom is a conglomerate with diversified interests, its automotive and manufacturing divisions form a significant part of Malaysia's industrial fabric, including
Penang News
The recent developments in Sabah, where Parti Warisan has lodged multiple police reports alleging an "organized election crime" through a smear campaign during the state elections, underscore critical themes in Malaysia's political fabric, with tangible spillovers for Penang. While geographically distinct, Sabah's political dynamics
Penang News
The announcement and growing anticipation surrounding Disney’s animated buddy cop comedy, Zootopia 2, featuring Oscar-winning actor Ke Huy Quan, highlights intriguing opportunities within Malaysia’s entertainment landscape. For Penang specifically, this development offers nuanced implications for the Tourism & Lifestyle sector, where cultural content and media-driven popularity increasingly shape
Penang News
Recent disruptions in the Dewan Rakyat involving the ejection of Members of Parliament during budget debates underscore the fraught nature of Malaysia's current political dynamics. While the incident involving the Pendang and Hulu Langat MPs may seem distant from Penang's immediate affairs, the reverberations of such
Penang News
Paris Saint-Germain’s strategic pivot away from the high-profile galáctico era towards nurturing academy talents signals more than just a sports management trend; it offers insightful lessons for Penang’s tourism and lifestyle sectors. As PSG’s youth-first revolution gains momentum, it underscores the value of investing in grassroots development,
Penang News
Malaysia’s recent chairmanship of the Association of Southeast Asian Nations (ASEAN) marks a significant chapter in the bloc’s collective advancement amid a complex global economic landscape. For Penang, a state deeply intertwined with regional trade, investment, and policy environments, this leadership role by Malaysia offers critical strategic dividends
Penang News
Taiwan Semiconductor Manufacturing Company (TSMC), a global leader in semiconductor fabrication, has recently taken legal action against a former senior vice president who moved to Intel, citing concerns over potential trade-secret theft. This development underscores the fiercely competitive and protectionist environment within the semiconductor industry, a sector of critical importance
Penang News
China’s recent successful completion of its first emergency space mission to the Tiangong space station marks a significant milestone in the country’s rapidly advancing space program. This event not only showcases China’s growing prowess in space technology but also signals a broader acceleration in innovation, technology deployment,
Penang News
Following a recent rally, Bursa Malaysia's benchmark index, the FBM KLCI, experienced a pullback of seven points as the market enters a consolidation phase. This market breathing space is typical after periods of sustained gains, reflecting investor caution and value-seeking behaviour. For Penang, this corrective move is more
Penang News
Recent news from Bangkok regarding the suspension of a prison chief following allegations that high-profile Chinese inmates received illicit "VIP" treatment sheds light on deeper issues of governance and regulatory integrity that resonate beyond Thailand's borders. For Penang, with its dynamic economy heavily reliant on effective
Penang News
Recently, the case of a Russian student fined RM10,000 for unlawfully filming "Now You See Me 3" at a Bukit Jalil cinema has captured national attention. While on the surface, this is a straightforward legal enforcement event related to intellectual property rights, it also serves as a
Penang News
Starbucks Malaysia's recent turnaround after facing prolonged boycott pressures signals vital dynamics in Malaysia’s competitive café and lifestyle sectors. While the parent company is beginning to claw back revenue and foot traffic, its rivals remain assertive in capturing consumer share. This unfolding narrative offers valuable insights for