By Opalyn Mok, The Sun

July 21, 2010

 

GEORGE TOWN (July 20, 2010): Four hundred online businessmen have been charged in court for not registering their business with the Companies Commission of Malaysia (SSM) in the past two years.

Deputy Domestic Trade, Cooperative and Consumerism Minister Datuk Rohani Abdul Karim said they were charged under Section 12 (1) (a) of the Registration of Businesses Act 1956 (Amendment 2001) which carries a fine of up to RM50,000 or imprisonment not...

Business Times, July 21, 2010

 

THE consumption of medical devices in Malaysia is expected to grow to US$1.7 billion (RM5.47 billion) in 2012, backed by the country's strategic location and friendly investment laws.

In a statement, Association of Malaysia Medical Industries (AMMI) said this has made the country a new target for the medical industry.

"The medical industry are keen to establish manufacturing bases to serve rising national demand as well as Southeast Asia's growing and...

The Star, July 20, 2010

 

GEORGETOWN: Ibiden Electronics Malaysia Sdn Bhd's printed wiring board plant at the Penang Science Park in Bukit Minyak, Bukit Mertajam, will start operations in the second quarter next year.

Parent company Ibiden Co Ltd's executive vice-president, Mafumi Kunishima, said the facility will be focusing on manufacturing high-performance and high-density printed wiring boards to cater for increased market demand for smartphones.

"This facility is in its final stage...

By Marina Emmanuel, Business Times

July 19, 2010

 

Potential investors have approached Penang Port to set up shop in the port area to tap the export potential of the Indonesia-Malaysia-Thailand Growth Triangle

IF A PLAN by terminal operator Penang Port Sdn Bhd (PPSB) to bring in fresh investments to Penang by way of a halal industrial park and petroleum tank farm is realised, multiple benefits can expect to be accrued by the state.

Apart from the potential of creating new jobs and...

The Star, July 19, 2010

 

THE state government will make an announcement on the Innoplex initiative — Penang’s centre of excellence for Science and Technology — before the year-end.

Chief Minister Lim Guan Eng said various parties would have to take concrete steps to finalise the Innoplex.

“Things cannot be done overnight. Planning is required to get more stakeholders to come in and have more discussions and consultation.

“We want this effort to be industry driven with focus...