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construction-water-check

State to check on mandatory installation of water saving devices in all new development projects

The Penang government, through the Penang Water Supply Corporation (PBAPP), and the National Water Services Commission (SPAN) will continue to carry out joint inspections of the mandatory installation of water saving devices in new development projects in Penang. State Transport and Infrastructure Committee chairman Zairil Khir Johari said this was ... Read More
foreshare-residence-main

Foreshore Residence

Foreshore Residence, a mixed development by Tanjung Villa Development Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located along Tun Dr. Lim Chong Eu Expressway, adjacent to Sandilands Condominium. It is only about 5 minutes drive to Penang Bridge, with an abundance of ... Read More
5g-penang

5G technology sparks changes for Penang

With Penang becoming the first state in North Malaysia to have a 5G network in September this year, the Penang government will focus on developing telecommunications infrastructure in the industrial sector to overcome the current global and domestic challenges. In an interview with Buletin Mutiara, Penang Transport and Infrastructure Committee ... Read More
opr-bnm

Bank Negara raises OPR by 25bps to 2.75%, as expected

Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.75%, its fourth consecutive rate hike since May. BNM said the OPR hike, which increases the cost of borrowing, was needed to control inflationary pressures amid the country’s strengthening economy. In May, the ... Read More
penang-second-bridge-investment

More manufacturers expected to relocate to Penang in 2023

Penang expects to welcome more manufacturers to relocate to the state next year, said special investment advisor to Penang chief minister, Datuk Seri Lee Kah Choon. He said the relocations will boost the state's economic growth, thanks to its business-ready infrastructure. "It is safer for the companies to relocate their ... Read More
bnm

Economists: BNM set to hike OPR for fourth time in a row tomorrow

Bank Negara Malaysia (BNM) will tighten the overnight policy rate (OPR) by a quarter-point for the fourth time in a row on Thursday (Nov 3) as upside risk to inflation persists and to support a weakening ringgit, a Reuters poll showed. The central bank started raising rates in May, even ... Read More
proposed-industrial-park-council

‘Industrial Park Management Council’ proposed to enhance investors’ experience

Through the Penang Development Corporation (PDC), the Penang government is working on enhancing investors’ experience at the state’s industrial parks. Meetings and discussions between PDC, local authorities, state legal advisor and the Penang Land and Mines Office are now ongoing to study the idea of establishing the ‘Industrial Park Management Council’ ... Read More
the-zen-site-progress-oct2022

SITE PROGRESS: The Zen (Oct 2022)

About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
sportscomplex-groundbreaking

Groundbreaking for Pokok Sena Sports Complex

The first phase of the Pokok Sena Sports Complex project was officiated by Penang Chief Minister, Y.A.B. Tuan Chow Kon Yeow, at a groundbreaking ceremony on Saturday morning. The Chief Minister said at the ceremony that the sports complex is covering 32,364 square meters or 8 acres of land, and the whole project will ... Read More
taman-nara

Taman Nara

Taman Nara, a landed residential development by Jayamas Land Sdn. Bhd. in Alma, Bukit Mertajam. Located next to Taman Sejahtera, about 5 minutes walk to SMK Taman Sejahtera. It is only a mere minutes drive from abundant of amenities, such as AEON Mall, Tesco Hypermarket, banks, schools, just a name a few. This ... Read More