Penang News
Recent record turnouts at the Malaysia International Automotive, Aerospace and Manufacturing Exhibition (MIAPEX) and the ASEAN Industrial and Commercial Vehicle Exhibition (AICOVE) underscore Malaysia’s rising prominence within the global and ASEAN automotive supply chains. These events are not just a showcase of industrial capabilities but also a reflection of
Penang News
His Majesty Sultan Ibrahim’s recent audience with Prime Minister Anwar Ibrahim, featuring detailed briefings on the 47th ASEAN Summit and the Kuala Lumpur Peace Accord, underscores Malaysia’s commitment to regional diplomacy and economic cooperation. For Penang’s business landscape, these developments carry profound policy and economic implications amid
Penang News
Frequently Asked Questions How does the Petronas-Eni partnership affect Penang's industrial ecosystem? The partnership opens avenues for technology transfer, innovation, and potential industrial expansion in Penang. What are the implications for Penang's manufacturing sector? The partnership signals enhanced energy security, potential for petrochemical expansion, and technology
Penang News
The recent opening of Bursa Malaysia on a higher note following the US Federal Reserve’s second rate cut is a noteworthy development in the global financial landscape, carrying meaningful implications for Penang’s business and economic sectors. Bursa Malaysia’s sensitivity to US monetary policy highlights the interconnectedness of
Penang News
The recent high-level meeting between US President Donald Trump and Chinese leader Xi Jinping in Busan marks a significant development in the fragile US-China trade truce. Although the original talks were set years ago, their implications continue to ripple strongly through the global supply chain network, particularly affecting export-driven manufacturing
Penang News
The Malaysian ringgit’s climb past the RM4.20 mark against the US dollar, continuing its gains for a seventh consecutive day, marks a significant development amid global monetary shifts. This movement follows the recent US Federal Reserve’s decision to cut interest rates, which has not only bolstered the
Penang News
A recent media story about 140 Australian students misremembering key facts about Roman history is more than an amusing anecdote. While the immediate context is education, the implications ripple into the broader cultural and tourism sectors — areas where Penang’s business ecosystem stakes a strong claim. The students, who embarked
Penang News
Recent court proceedings in Kuala Lumpur have brought to light allegations involving former Penang Chief Minister Lim Guan Eng and assurances relating to land in the Penang tunnel project. While the details of the case continue to unfold, the implications for Penang’s economic governance, investor confidence, and policy environment
Penang News
Introduction: Malaysia’s Firm Position on Trade Sovereignty The recent declaration by Malaysia’s Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz, assuring that no trade agreement will compromise Malaysia’s sovereignty marks a critical stance in the country's economic policy discourse. This announcement comes in the wake
Penang News
KUALA LUMPUR — Top economic officials from the United States and China began critical discussions in Malaysia this weekend, seeking to avert another escalation in their long-running trade war and to smooth the way for a much-anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping next week.
A Creative Culture That Breeds Entrepreneurs: Why Penang Turns Ideas into Income Most cities talk about “vibrant creative communities.” Penang actually monetises them. This island didn’t wake up one day and decide to be cool. It’s been compounding creativity for centuries — trade routes, artisan streets, family businesses, and
Penang News
PUTRAJAYA, Oct 23 — Communications Minister Datuk Fahmi Fadzil has extended his appreciation to 123 corporate and industry partners whose combined sponsorship contributions exceeding RM22 million helped ensure the success of this year’s National Day and Malaysia Day 2025 (HKHM 2025) celebrations. Speaking at the HKHM 2025 Appreciation Ceremony in