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Business 30 Sep 2013 | 12:00 AM

Cashing in on crabs

The race to commercialise a hatchery for one of Malaysia’s favourite crustaceans is on, and an effort led by Texchem Resources Bhd and Universiti Sains Malaysia looks to be in the lead.

Property 28 Sep 2013 | 12:00 AM

Hunza plans to start RM7bil project in Bayan Baru in 2015

AFTER its Gurney Paragon project, Hunza Properties Bhd plans to focus on the development of commercial projects on the island and in Seberang Prai.

Business 03 Jul 2013 | 12:00 AM

Metal fabricator Ewein close to securing job related to undersea tunnel project

PETALING JAYA: Little-known Ewein Bhd, a Penang-based metal fabricator, is close to securing a sizeable contract related to the construction of the state’s mega undersea tunnel project, according to sources.

Business 13 Apr 2013 | 12:00 AM

Demand in secondary property market slow in H1

Demand in the secondary property market is expected to remain slow as house buyers prefer project launches that come with a developer’s interest-bearing scheme. There is the general sentiment that the property market is due for a price correction.

Business 27 Oct 2012 | 12:00 AM

Sim Leisure poised to export theme park brand

GEORGE TOWN: After 20 years of designing, building and managing theme parks around the world, Penang-based Sim Leisure Group is poised to unveil “Escape”, a new genre of theme park.

Business 21 Nov 2011 | 12:00 AM

Timely traffic alleviation plan?

PETALING JAYA: Steeped in history, Penang is famous for its food and heritage. But if there's one thing most Penangites want to address, that will surely be its maddening traffic snarls on its congested roads.

Business 14 Nov 2011 | 12:00 AM

More hotels in Penang with GDV of RM860mil

GEORGE TOWN: Tourism projects comprising six hotels in George Town and a water theme park in Teluk Bahang in Penang, with gross development value (GDV) of over RM860mil, will be operational in 2013 and 2014.

Business 13 Aug 2011 | 12:00 AM

Oversupply of new launches?

There are concerns that Penang island cannot absorb the high number of projects

Business 13 Jun 2005 | 12:00 AM

Foreign investors keen on hotel business, say property firms

PENANG is still one of the locations in the country that foreign investors are considering to invest in the hotel business, according to several local property-consulting companies.

Business 13 Jun 2005 | 12:00 AM

Penang hotels see higher occupancy

THE Malaysian Association of Hotels (MAH) Penang Chapter expects the island#039;s hotel occupancy rate to improve by 5% to 7% in the second half this year compared with the corresponding period of 2004.