News about Penang

GEORGE TOWN (June 4): The proposed additional area of about 28.

KUALA LUMPUR (June 4): Pipe manufacturer YLI Holdings Bhd (KL:YLI) is selling two industrial land parcels in Prai, Penang, for RM28.

GEORGE TOWN (June 3): Penang will review possible improvement measures, including strengthening compliance with fire safety requirements for old and heritage buildings, following the fire at the Odeon building on Jalan Penang here, which claimed the life of a Myanmar construction worker last Saturday.

BALIK PULAU (May 30): All members of the State Executive Council, along with state government departments and agencies, including local authorities (PBT), have been instructed to enhance monitoring of development projects across Penang to ensure they remain on track.

KUALA LUMPUR (May 28): Penang Chief Minister Chow Kon Yeow (pictured) released parts of the request for proposal (RFP) and tender documents for the Ladang Byram/Changkat project under Batu Kawan Industrial Park (BKIP) 2 to defend the state’s rejection of the IJM Properties-led consortium bid.

GEORGE TOWN (May 28): Penang has officially gazetted 50 cultural heritage items this year under the Penang State Heritage Enactment 2011 as part of efforts to preserve the state’s rich cultural treasures.

KUALA LUMPUR (May 27): Eastern & Oriental Bhd (KL:E&O) may absorb some rising construction costs driven by the ongoing conflicts in the Middle East rather than passing them entirely to homebuyers, as the property developer prioritises sustaining its RM1 billion annual sales.

KUALA LUMPUR (May 23): AME Elite Consortium Bhd (KL:AME) posted a net profit of RM283.

PETALING JAYA (May 22): The Ministry of Transport (MOT) has defended the use of a single-source Request for Proposal (RFP) mechanism for the procurement of the RM7.

Penang, often called the Pearl of the Orient, is a vibrant island-state known for its cultural depth, coastal beauty and diversified economy.