Penang factories cut jobs


InvestPenang director Datuk Seri Lee Kah Choon(filepic) said factories in Penang are suspending and downsizing their operations and workforce because of the slower global economic growth and the impact of the US-China trade war

GEORGE TOWN: Some factories in Penang are suspending and downsizing their operations and workforce, says InvestPenang director Datuk Seri Lee Kah Choon.

Lee said this because of the slower global economic growth and the impact of the US-China trade war.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Penang , factories , cut , jobs , economy , slowdown , US , China , trade , war , growth ,

Next In Business News

US stock index futures subdued as oil, Treasury yields rise on Iran tensions
Shein shares slip more than 3% on second day of Hong Kong trading
MBSB IB sees ringgit supported by resilient fundamentals, maintains RM4.01 2026 outlook
MNRB Holdings establishes RM500mil commercial paper programme
Singapore's 2026 economic growth forecast raised to 5% - MAS survey
MIDA to hold East Coast region investment seminar 2026 on Sept 8
Bursa Malaysia extends gains at midday ahead of Bank Negara rate decision
PHB expands AHB fund with 400mil new units
OGX unit appointed distributor of Axtraction AI's enterprise AI solutions
Zetrix AI to increase stake in MYEG Philippines

Others Also Read