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Business

Turning Penang Port around

ALTHOUGH some of the key details of the controversial privatisation of Penang Port are not made public, the new operator of the oldest port in the country, Seaport Terminal Sdn Bhd, is now ready to share its plan to turn around the loss-making entity.

Business

Flat property market seen for Penang

THE Penang property market is expected to remain flat yet resilient this year and could bottom out within the next two years.

Business

During challenging times what are Perlis, Penang and Kedah doing?

During these challenging times, i>StarBiz/ilooks at what Perlis, Kulim Hi-Tech Park in Kedah, and Penang have to offer to rope in investments.

Business

KL entrepreneur transforms Upper Penang Road

UPPER Penang Road has become a well-known landmark in Penang#146;s nightlife scene, with much effort by Terrence Wong, an entrepreneur from Kuala Lumpur.

Business

Penang needs own identity to move forward in property

PENANG still has the #147;magical#148; charm to attract investment into its property development sector.

Business

Supply concerns in Penang

PENANG is heading towards an oversupply of higher-end residential properties, which could lead to a correction of property prices.

Business

DHL direct from Penang to Bangkok

DHL Worldwide Express Sdn Bhd has recently re-routed its Asian Air Network (AAN) to have a dedicated Boeing B727-200F freighter fly out of Penang direct to Bangkok.

Business

Penang hotels expecting higher demand for rooms

Hotels in Penang are expecting to report record-breaking numbers for last year, as the hotel occupancy rate for 2013 is expected to hit close to 70%, the highest in the past five years, paving the way for a strong Visit Malaysia Year 2014.

Business

Second Penang Bridge concessionaire to recover RM4.5b construction cost within 10 yrs

KUALA LUMPUR: Jambatan Kedua Sdn Bhd (JKSB) aims to recover the construction cost of RM4.5bil for the Second Penang Bridge within 10 years of the bridge's operation.

Business

AMD Penang invests US$1mil in new flash memory chip production

AMD Penang has invested US$1mil in the production of flash memory units under a new brand name, I>Spansion,/Iat its facility in the Bayan Lepas free industrial zone.