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RM1.5b investment potential |
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By Marina Emmanuel, Business Times
July 9, 2010
MIDDLE Eastern investors may invest some RM1.5 billion in a petroleum tank farm and halal industrial park in Penang Port.
Penang Port Sdn Bhd (PPSB) chairman Datuk Seri Dr Hilmi Yahaya yesterday said potential investors have approached PPSB to set up shop in the port area to tap the export potential of the Indonesia- Malaysia-Thailand Growth Triangle.
"We are looking at reclaiming some 400 hectares of land to accommodate the proposed tank farm and halal hub.
"We also have plans to house a free commercial zone and free industrial zone within the port area to facilitate the easier movement of goods for investors," Dr Hilmi told reporters after a Penang Port Commission port...
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Ibiden Electronics Malaysia to Start Operations Next Year |
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BERNAMA, July 9, 2010
PENANG: 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 would 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 of...
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Penang on target to be first WiFi state in Malaysia |
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The Star, July 8, 2010
George Town: The number of free WiFi hotspots in Penang has increased to 450 under the state’s Penang Free WiFi initiative.
Lau Bik Soon, the chief executive officer REDtone Telecommunications Sdn Bhd which is undertaking the project, said areas in Jelutong on Penang island and Raja Uda in Butterworth were the latest to be covered in the initiative that is geared to make Penang the country’s first WiFi state.
“We are on track to establish the target of 750...
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Malaysia aims to add value to chip sector |
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By Zurinna Raja Adam, Business Times
July 7, 2010
MALAYSIA, which is currently among the world's leading sites for semiconductor assembly and testing, wants to strengthen the industry by promoting value-added activity and enhancing the supply chain.
This means promoting the evolution of the electronics industry from being a maker of computers and notebooks to one that produces higher value-added products like blu-ray players, high-definition flat screen televisions and e-book readers...
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E&O water limousine to boost Penang allure |
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By Marina Emmanuel, Business Times
July 5, 2010
EASTERN and Oriental Bhd (3417) is set to add to Penang's attractions with one of its newest offerings: a water limousine service operating between the 125-year-old Eastern and Oriental (E&O) Hotel and the Seri Tanjung Pinang development. Executive director Eric Chan Kok Leong said the E&O water limousine will ferry passengers between the new pier at the E&O Hotel Annexe and the retail marina at Straits Quay in Seri Tanjung...
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Penang Government to focus on exposing SMEs to global market |
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The Star, July 1, 2010
LOCAL small and medium enterprises (SMEs) are the main engine of growth for the state and the Penang government will focus on helping them penetrate global markets.
Forums and seminars will no longer be the strategy to promote SMEs as the state wants to concentrate on matching the various industries with their potential markets, state Deputy Chief Minister I Mansor Othman said.
“We are already in negotiations with the Middle East, Taiwan, Thai- land and...
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