WHAT’S HAPPENING
View major news and upcoming events to explore Penang’s thriving key industries.
Electrical measurement technology specialist LEM has inaugurated a new €15.7m ($17m) state-of-the-art factory in Malaysia that combines environment-friendly design with advanced manufacturing technology. Setting up this new factory reflects LEM’s growth plan which is driven by increasing global demand for the company’s core products, current and voltage sensors. The need for decarbonization in mobility, industry, […] An employee inspects a printed circuit board at a production facility of automated test equipment designer Aemulus Holdings in Penang, Malaysia. © Reuters Wee Chian Koh is an economist with the ASEAN+3 Macroeconomic Research Office in Singapore. Marthe M. Hinojales and Hongyan Zhao are senior economists with the organization. April 11, 2024 — The increasingly […] March, 29 2024 – In a significant stride towards fostering financial inclusion, FinHero is honored to announce NTT Data Corporation’s stake in our journey. This collaboration, celebrated at Mercure Penang Beach Hotel, validates FinHero in the regional markets. FinHero (FinHero.asia) is a Penang based FinTech Startup, developing B2B financial solutions focusing primarily on Asian markets. […] March 11, 2024 — Tension between Beijing and Washington over access to technology has prompted many companies to open factories in south-east Asia Shortly after a Chinese company opened up nearby, employees at Malaysian contract manufacturer Kemikon walked outside their factory to find sheets of paper stuck to their car windshields. The flyers were from […] The new facility will serve as a hub for research and development (R&D), manufacturing and distribution of furniture fittings, catering to global customers’ demands March 5, 2024 – Actiforce, a global leader in the furniture components industry originating from the Netherlands, has officially achieved a new milestone in Malaysia with the opening of its […] March 1, 2024 — InvestPenang remains resolute in its commitment to enhancing the ease of doing business in Penang, says its chief executive officer Datuk Loo Lee Lian. Her comments came in the wake of Penang establishing itself as the top state in the country with approved investments of RM71.9 billion in 2023. Penang was […] Anwar Ibrahim says rivalry squeezes smaller countries as he courts investment for semiconductor supply chain Anwar Ibrahim at Greatech’s factory in Penang last week. The Malaysian premier has focused on resuscitating an economy battered by mismanagement and instability, prioritising manufacturing, energy and industry February 27, 2024 — Malaysia’s prime minister has condemned a rising tide of […] With reference to the above article quoting NCIA’s Chief Executive Encik Harris Sultan’s comments that “businesses in other northern states, including Penang – would have to wait for up to two years for necessary approval”, the state would like to clarify that industrial projects in Penang are allowed to commence construction work once the Building […] February 19, 2024 — Penang is set to cement its status as the leading state for manufacturing in the country following the groundbreaking ceremony of its Batu Kawan Industrial Park III. Scheduled to be completed within the next few years, the park will complement the existing industrial parks around the state, especially the Bayan Lepas […] The 4th Edition of Electronics Manufacturing Expo Asia (EMAX) 2024 and 3rd Edition of Penang Manufacturing Expo (PMAX) 2024, the Penang’s Largest Electronics & Industrial Manufacturing EXPO will be held in July in Penang. It is a platform that gathers international congregation of chip manufacturers, semiconductor manufacturers and equipment suppliers to showcase the latest developments in the industry. Here are the details: Date: 24 – 26 July 2024 Why join us? Don’t miss out on this unparalleled opportunity to expand your knowledge and network. Join us at EMAX & PMAX 2024 for an immersive experience that promises insights, inspiration, and endless possibilities! To exhibit, please visit https://emaxasia.com/book-stand.html or https://www.penang-expo.com/book-a-stand.html to elevate your business to new heights. For detailed information or enquiries, please call +60 3 6151 9178, whatsapp to +60 12 639 4271 or email to info@fireworksmy.com. UN Global Compact Network Malaysia & Brunei (UNGCMYB), is partnering with InvestPenang, Penang Green Council (PGC) and Alliance Bank to conduct a one-day programme for SMEs and business leaders titled “Climate Action Workshop & Business Integrity Workshop”. The details are as follows: 1. First Session: Climate Action Workshop (8.30am – 1.00pm) – SMEs are vital to Malaysia’s economy but are also vulnerable to climate risks. Learn how to demonstrate climate performance, transition to low-carbon practices, and tap into green market opportunities! 2. Second Session: Business Integrity Workshop (1.30pm – 5.30pm) – Discover the power of collective action in addressing corruption issues. Network with stakeholders to enhance integrity in the private sector, especially for SMEs facing compliance risks. Don’t miss out on this opportunity to expand your knowledge, gain valuable insights and network. Lunch is included. Secure your spot now by registering here. Maximum 2 representatives per company. As this is a complimentary event, seats are limited and on a first-come, first served basis. However, priority will be given to UNGCMYB members. For further inquiries, please contact Nurul Fadhilah Musbah at 014 857 0696 or nurul@ungcmalaysia.org. Talentbank, an enabler in the employability ecosystem, focused on producing career-ready candidates and helping them achieve better careers by connecting them with industry leaders who welcome world-class talent, is hosting an inaugural Penang Tech, Engineering & Semicon Career Fair 2024. Partnering with InvestPenang, this career fair aims to attract talent not only from Penang but also across the nation to enhance the talent ecosystem in Penang. Talentbank is extending invitations to candidates from over 50 public and private universities throughout Malaysia. Details of the event are as follows: Here’s why you should participate: Don’t miss this opportunity to learn, network, and elevate your company’s visibility. Join us at the Penang Tech, Engineering & Semiconductor Career Fair 2024. Learn more about the event at www.penangcareerfair.com. For further enquiries on registration, kindly fill up this interest form or contact Amanda Yong at +6012 494 3212 / amandayong@talentbankgroup.com. InvestPenang’s GBS 2.5 Talk Series #1, titled “Creating the Silicon Valley of the East 2.0 – Penang as a leading hub for GBS, Research, Design and Development.”, aiming to shed lights on the global outlook and trends within the digital economy industry, while uncovering key highlights in Malaysia’s digital economy and Penang’s competitive edge in supporting the ecosystem. This event is organized by InvestPenang in collaboration with Malaysia Digital Economy Corporation (MDEC), Penang GBS Focus Group Members, Penang Skills Development Centre (PSDC), and UST Malaysia. Details of the event are as follows: Themed “Bridging Eras of Innovation in GBS,” the seminar will also feature insightful discussions on Malaysia and Penang’s roles as hubs for GBS, Research, Design, and Development, as well as the evolution of the GBS industry through the integration of automation, generative AI, and analytics. Participants will have the opportunity to gain valuable knowledge and network with the academia and industry professionals, including speakers from newly invested entities in R&D and software development. The seminar targets business leaders and professionals within the digital economy industry. Complimentary Event: Seats are limited and on a first-come, first-served basis. Please RSVP through this link or scan the following QR code by Friday, March 22, 2024. For further enquiries or support, kindly contact Ms. Shazanah, at +60 16 489 9780 or email shazanah@investpenang.gov.my or Mr. Badrul, at +60 19 276 0402 or email badrul@investpenang.gov.my. The International Advertising Association World Congress (IAAWC), held every 2-3 years in major cities, focuses on sustainability, diversity, equity, inclusion, and environmental, social, and governance (ESG). It brings together professionals from various industries and celebrates the 85th Anniversary of IAA Global, the 30th Anniversary of IAA Malaysia, and International Women’s Day. The congress will take place in Penang, Malaysia, known for its rich heritage, arts, and culture, providing participants with an opportunity to immerse themselves and gain knowledge, inspiration, and energy. This congress is co-hosted by IAA Malaysia, Petace and the Penang Convention and Exhibition Bureau (PCEB) and InvestPenang. The 45th IAAWC 2024 theme is “Brand: RE-CODE, for a Better World, Better Life”. Here are the details: *This 3-Day Congress Fee includes meals & refreshments, dinners and access to all Congress events. Why join us? Who should attend? Don’t miss the opportunity to learn, network, and inspire positive change. Join us at the 45th IAA World Congress 2024. Visit www.iaawc.com for enquiries on registration, hotel bookings at IAAWC rates & sponsorship opportunities. For further enquiries on HRDC Claimables, kindly contact Amy Chia, at +6012-236 2744 or email amychia@iaawc.com. The “Smart Agriculture & Food Manufacturing: Cultivating a Sustainable Future” conference, aims to explore and discuss the latest advancements in agriculture and food technologies and their roles in cultivating a sustainable future within these industries. This conference will feature experts and leaders in the field of AgriTech and FoodTech who will share their insights on various topics such as: Here are the details: Who should attend ? Don’t miss out on the opportunity to gain valuable knowledge and network with industry professionals. Here, you will gain up-to-date insights into the latest trends and innovations shaping the agritech and foodtech industries. Join us at the Smart Agriculture & Food Manufacturing Conference. Seats are limited and on a first-come, first-served basis. Please RSVP your seat by Friday, January 26, 2024. For further enquiries or support, kindly contact Ms. Shazanah, at +60 16 489 9780 or email shazanah@investpenang.gov.my or Mr. Badrul, at +60 19 276 0402 or email badrul@investpenang.gov.my. The Penang ESG Conference and Exhibition 2023 is organised to raise awareness among participants about the importance of environmental, social, and governance (ESG) practices in business operations and decision-making. We also aim to facilitate knowledge sharing and best practices among industry leaders, experts, and stakeholders, promoting sustainable business strategies and responsible corporate behaviour. It is also a platform for networking and collaboration, fostering partnerships between organisations committed to ESG initiatives and promoting collective action for positive social and environmental impacts. Here are the details: Date: 21st and 22nd November Why join us? Don’t miss the opportunity to learn, network, and inspire positive change. Join us at the Penang ESG Conference and Exhibition 2023 to be part of the sustainability revolution that shapes the future of business and communities. For detailed information, event updates, and registration, please visit PGC website at: https://www.pgc.com.my/2020/pesg/. The International Semiconductor Executive Summit SEA (ISES SEA), taking place on November 7th and 8th, 2023. This event brings together thought leaders, industry experts, and innovators in the field of SEA semiconductor technology. Date: 7 – 8 November 2023 The event features keynote presentations from industry pioneers and interactive panel discussions revolving around the topic of semiconductor industry. For details and registration, please visit ISES SEA website at https://isesglobal.com/events/ises-sea/. The National E-Invoicing Initiative aims to revolutionize the way businesses handle invoices, enabling seamless communication between different accounting software and Enterprise Resource Planning (ERP) systems. This digital transformation will streamline your invoicing processes, leading to increased efficiency and effectiveness. This webinar promises valuable insights into the National E-Invoicing Initiative, a crucial step towards enhancing business efficiency and productivity in our nation. Webinar Details: Don’t miss this opportunity to stay ahead of the curve in the world of digital business. Please RSVP by 13th October 2023: For any inquiries or assistance, feel free to contact Badrul at badrul@investpenang.gov.my or Shazanah at shazanah@investpenang.gov.my.LEM Inaugurates New High-Tech Plant in Malaysia
Time is ripe for Malaysia to move upstream into designing chips
[Press Release] FinHero Welcomes NTT Data Corporation as a Stakeholder
Malaysia: The Surprise Winner from US-China Chip Wars
[Press Release] Actiforce Establishes A RM50-Million, State-of-the-Art Manufacturing Facility in Penang
Prioritising Business-friendly Environment Key to Penang’s Success
Malaysia’s Prime Minister Decries ‘China-phobia’ among US and Western Allies
[Press Statement] FMT’s Article “Emulate Kedah’s speedy approval process” dated 20 February 2024
Penang On Track to Take the Lead in Manufacturing Sector, Says CM
20 April
EMAX & PMAX 2024
Venue: Setia SPICE Convention Centre
20 April
Penang Workshop for SMEs & Business Leaders: Climate Action & Business Integrity
Date: Thursday, 16 May 2024
Time: 9.00am – 5.30pm
Venue: Amari SPICE Penang
Remarks : Participants must bring their laptop and company electricity bills, (Petrol and Diesel bills, if any )
Min. 3 months – the more the merrier!
Registration will be open from 8.30am – 9.00am.
Registration will be open from 1.30pm – 2.00pm20 April
Penang Tech, Engineering & Semicon Career Fair 2024
Date: Saturday, 4 May 2024
Time: 10am – 4pm
Venue: JEN Penang, Georgetown
20 April
GBS 2.5 Talk Series 2024 #1: Creating the Silicon Valley of the East 2.0 – Penang as a leading hub for GBS, Research, Design and Development
Date : Tuesday, March 26, 2024
Time : 1:30 pm – 4:30 pm
Venue : Auditorium, Penang Skills Development Centre (PSDC), Bayan Lepas20 April
The 45th IAA World Congress 2024
Date: 6 – 8 March 2024
Venue: Setia SPICE Convention Centre
Course fee: RM3,850* (HRD Corp Claimable)
• Connect with peers from the industry worldwide.
• Learn from experts on how Sustainability, ESG, DE&I and AI can be a force for good during the sessions, talks and interviews.
• Gain first-hand knowledge and insights on how integrating technologies into creativity can create greater value of brands & businesses.
• Be inspired by leaders who are Re_Coding and shaping the future
• Board Directors CEOs, CMOs, CSOs, CTOs and C-suite personnel.
• Marketing, Brand & Product Managers.
• Advertising, Digital & Media agencies.
• Management Consultants & Advisors.
• Government, Policymakers & NGOs.
• Academics & Students20 April
Smart Agriculture & Food Manufacturing: Cultivating A Sustainable Future Conference
1. Global trends and policies in food manufacturing and agricultural industry
2. The future of human-machine collaborations
3. Smart farming in achieving food security
4. Financial support and risk management in agriculture and food production
5. Successful case studies by experts
Date : Thursday, February 1, 2024
Time : 9.00 am
Venue : The Light Hotel, Seberang Jaya, Penang
• Business Leaders
• Industry Players
• Entrepreneurs
• Policymakers
• Academia & Professionals
• Consultants
(Above related to the Agritech and Foodtech industries)20 April
Penang ESG Conference and Exhibition in 2023
Venue: Olive Tree Hotel, Penang
20 April
International Semiconductor Executive Summit SEA (ISES SEA) 2023
Venue: Shangri-La Rasa Sayang, Penang
Why join us?
20 April
National E-Invoicing Initiative 2023 Webinar
Date: 24th October 2023
Time: 10:00 AM – 12:00 PM
Mode: Online
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