8d ago
GEORGE TOWN, May 5 (Bernama) -- The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (PILA) project.
12d ago
GEORGE TOWN, May 1 (Bernama) -- Penang’s economy is on a very strong footing as it moves into the second quarter of 2026, and the state continues to maintain its position as Malaysia’s “Export Engine,” contributing nearly 45 per cent to total national exports.
13d ago
GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.
22d ago
GEORGE TOWN, April 21 (Bernama) -- Penang’s business events sector recorded an economic impact of RM1.91 billion in 2025, underscoring its growing role as a key pillar of the state’s tourism and services economy amid global uncertainties.
1m ago
GEORGE TOWN, April 9 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry has announced up to RM5 billion in low-cost financing for small and medium enterprises (SMEs) to drive growth and transformation.
2m ago
GEORGE TOWN, March 10 (Bernama) -- Penang recorded RM22.4 billion in approved manufacturing investments in 2025, a 29 per cent increase from 2024, reinforcing the state’s position as a key industrial hub despite global economic uncertainties.