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Category: News Update

Taiwanese firm opens RM1bil plant

The Hotayi Electronic plant in Batu Kawan, Penang. — Photos: MUSTAFA AHMAD/The Star TAIWANESE firm Hotayi Electronic (M) Sdn Bhd has reinvested RM1bil to expand its production facility in Penang. Its new 350,000sq ft plant in Batu Kawan adopts the concept of Industry 4.0 and incorporates energy conservation features to reduce its carbon footprint. The firm which offers electronics...

Ferringhi Residence 2 Reaches 50% Completion

MAH Sing Group Bhd’s RM614mil Ferringhi Residence 2 project in Batu Ferringhi, Penang, is scheduled for completion in December next year. The project is about 50% completed with the structural work of Phase 2 still in progress. Mah Sing celebrated the topping up ceremony for phase one of Ferringhi Residence 2 earlier this month. Group chief operating officer Everlyn Khaw said the...

500 MW Quota for NEM Up To Year 2020

PUTRAJAYA: Malaysia can generate 1.4 times more electricity if all the roofs in Peninsular Malaysia are fitted with solar panels, compared with the conventional electricity generation of fossil fuel burning. Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said there are over 4.12 million buildings with solar rooftop potential in the peninsula. If all these...

Triple Assessment Rate for Unsightly Properties

OWNERS of unattended and unkempt property will have to pay triple the amount in assessment rates. Penang Island City Council mayor Datuk Yew Tung Seang said the penalty would be applicable to both landed and commercial property. He said the amendment, which was passed by the council during a meeting recently, would come into effect once it has secured approval from the Penang government. He said...

Vision Penang 2030

HOW should Penang be in the future? The Penang2030 guide outlines the vision, themes and strategic initiatives for the state to move forward. Chief Minister Chow Kon Yeow said Penang2030 was an approach that was undertaken after a series of consultations and stakeholders engagements. “We want to encourage the people to take part in realising Penang2030. The people are responsible for their...

Penang LRT project to start in 2020

KUALA LUMPUR, April 16 (Bernama) -- Construction of the proposed Komtar-Bayan Lepas Light Rail Transit (LRT) project, part of Penang’s multi-billion ringgit Transport Master Plan (PTMP), is expected to begin next year. Chief Minister Chow Kon Yeow said the project is currently awaiting conditional approval by the Transport Ministry, which would likely be obtained soon. He said a team from the...

Escape Park Operator Earning Surge Fourfolds

Sim Leisure Group, the Malaysian theme park operator that debuted on the Catalist board of the Singapore Exchange on Mar 1, today announced that its FY18 earnings have surged more than fourfold to RM6.05 million ($2.0 million), compared to RM1.29 million in FY17. This came on the back of its revenue more than doubling to RM21.2 million from RM9.68 million a year ago. The increase in revenue was...

Two Malaysia’s Record in Batu Kawan

A 300-METRE long canopy walkway and a 52-metre high water jet at Aspen Vision City in Batu Kawan, Penang, have entered the Malaysia Book of Records (MBR) as the largest and longest ETFE canopy and the highest water jet in the country. The ETFE canopy walkway set a record for being the largest and longest canopy in Malaysia, while the water jet broke the record for being the highest water jet in...

Penang’s PIL and LRT to start in June 2020

GEORGE TOWN: Construction on the RM9bil light rail transit (LRT) line and the RM9.6bil Pan Island Link 1 (PIL 1) are scheduled to start in June next year. The Star learnt that the PIL has received approval from the Depart­ment of Environment – the federal regulator overseeing the Environ­mental Impact Assessment (EIA) report – in March while the LRT is expected to receive a conditional...

Georgetown’s Central Park in historic Sia Boey

GEORGE TOWN, March 10 — Located on the boundary of George Town and the buffer zone of the Unesco world heritage site, Sia Boey is poised to be the city’s very own Central Park. The former busy marketplace, which was vacated back in 2004, will soon be transformed into a RM5 million urban park surrounded by mature canopy trees with a pristine canal running through it. The market hall which...