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Quayside Insider
- Apr 8, 2019
- 2 min
Penang’s PIL and LRT to go ahead
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 approval from the Transport Ministry in May. Both mega projects will be tendered to local
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Quayside Insider
- Mar 14, 2019
- 3 min
Building airport on man-made island will keep it in Penang, says CM
Building an airport on one of Penang’s three man-made islands off the southern coast of the state will keep the airport within the state, Chow Kon Yeow said. The Penang chief minister said the administration wanted to keep the airport on the island instead of moving it elsewhere. “It it is needed in Seberang Perai or elsewhere, it is a fact we have to accept since we do not have any more lands in Penang island which is why we came up with proposal to build it on one of the re
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Quayside Insider
- Mar 10, 2019
- 2 min
Live by the sea: World-class waterfront development in Penang
The seafront master-planned development of Seri Tanjung Pinang (STP) by Eastern & Oriental Berhad is a symbol of prestige and sophistication, inside and out. Situated on the northwest of George Town in Penang, the 980-acre development brings to life the concept of a world-class waterfront lifestyle. The first phase is close to full completion with a cosmopolitan community of locals and expatriates numbering over 20 nationalities. Majestic sea-facing villas, modern terraced an
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Quayside Insider
- Mar 6, 2019
- 2 min
Vitrox plans to invest up to RM300mil on Batu Kawan facility
BATU KAWAN: Vitrox Corp Bhd plans to invest RM200mil to RM300mil to start the construction of a new design and production facility in Batu Kawan in two years. Group chief executive officer Chu Jenn Weng told StarBiz that the facility would be ready for operation in 2022 or 2023. “In two years we believe the utilisation of the production floor of the existing facility will reach 70% to 80% due to the surging demand for our products. “This is when we will start investing for th
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Quayside Insider
- Mar 5, 2019
- 2 min
RM1.2 bil Penang airport expansion to be done via private financing initiative
GEORGE TOWN: Finance Minister Lim Guan Eng today said a private company will be picked through open tender to expand the Penang International Airport (PIA) at a cost of RM1.2 billion by the end of this year. He said the airport will be expanded using the private financing initiative (PFI). On completion of the project, it will be able to accommodate 16 million passengers a year as opposed to the 6.5 million now. Lim said a similar PFI funding approach would be used for the bu
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Quayside Insider
- Feb 28, 2019
- 2 min
Penang expects approval for transport plan by June
Penang hopes to obtain approval for projects under its Penang Transport Master Plan (PTMP) within the first half of the year, Penang Chief Minister Chow Kon Yeow announced today. The lawmaker said he is “optimistic” that the state will be given approval for the mega infrastructure project within the next few months. “We are on the verge of securing approval for our major transport plan,” he said during a speech at a Chinese New Year gathering with the Real Estate and Housing
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Quayside Insider
- Feb 26, 2019
- 3 min
SAMEE launches its latest RM140mil manufacturing plant in Bukit Minyak
INTERNATIONAL Trade and Industry Minister Datuk Ignatius Darell Leiking has lauded the Penang government for being able to bring in quality investments to the state. “Penang has been a great state in welcoming investments. States in Malaysia should learn how Penang has created this ecosystem, its chain of supplies and manufacturers. “I am sure the Chief Minister of Penang will welcome the other states to learn how the state government has managed it all this while,” he told a
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Quayside Insider
- Feb 21, 2019
- 1 min
Penang will be the first city in Asia to run trial of Facebook's new wireless Internet technology
The project was brought to Penang by YTL Communications, in collaboration with Facebook. After Hungary, Malaysia is the second country in the world to run trials for the new technology. The Facebook-developed technology aims to bring Internet connectivity to urban areas that would make it difficult to lay down fibre optic cables In a UNESCO-listed city like George Town, laying down fibre optic cables would be difficult and possibly damaging to its historical infrastructure. A
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Quayside Insider
- Feb 12, 2019
- 5 min
The 3 Best Places to Retire Abroad on Less Than $1,500 Per Month
For many people, retirement is an opportunity to start fresh and live the life they've always dreamed about. It's a time to begin a new chapter and start a new adventure. For some, that may mean pursuing a new hobby or spending more time doing the things they enjoy. For others, it means packing their bags and moving to a new country. Nearly 700,000 Americans receive their Social Security checks overseas, according to the Social Security Administration (SSA), so if you're thin
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Quayside Insider
- Jan 30, 2019
- 3 min
Penang undersea tunnel study completed as transport plan moves ahead
THE feasibility study for Penang’s proposed undersea tunnel linking the island to the mainland has been completed and will be submitted to the state government soon for a final decision. A source familiar with the progress of the different components in the Penang Transport Master Plan (PTMP) said the report is now being checked by an independent consultant engineer. “The consultant engineer should be able to finish checking in March. Whether the study can be revealed to the
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Quayside Insider
- Jan 26, 2019
- 2 min
Penang records RM3.8b investments between Jan-Sept 2018
GEORGE TOWN: Penang recorded investments of RM3.83 billion in the first nine months of 2018, comprising RM2.16 billion in foreign direct investment (FDI) and domestic investment of RM1.67 billion. Chief Minister Chow Kon Yeow said according to the Malaysian Investment Development Authority, Penang registered the highest approved manufacturing FDI among the states in Malaysia at RM8.5 billion since 2017. “Penang has grown tremendously from its early days as a colonial trading
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Quayside Insider
- Jan 24, 2019
- 3 min
Big plans for Gurney foreshore
EWEIN Bhd is expected to roll out several developments at the Gurney Drive foreshore following the success of its RM800mil City of Dreams (COD) serviced apartments in Tanjung Tokong, Penang. Its founder and managing director Datuk Ewe Swee Kheng said a single-block serviced apartment, an international brand hotel, a university and office towers were among some of the projects that would be carried out on the reclaimed land. He said priority would be the serviced apartment tha
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Quayside Insider
- Jan 23, 2019
- 2 min
Insider: Penang Is The 19th Cheapest Holiday Destination In The World
Who doesn’t love a cheap holiday? If you’re looking to get away in 2019 but haven’t gotten the slightest clue on where to head, Penang is believed to be one of the most Pocket friendliest destinations in the world, No kidding! Drawing nearly four million tourists each year, if this ain’t good news for the budget-friendly travellers, we don’t know what is! From the mainland, crossing the channel is a 10-mile journey over aquamarine water with ample time to admire the approachi
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Quayside Insider
- Jan 22, 2019
- 4 min
LRT is Penang’s best bet
SINCE the light rail transit (LRT) project in Penang was unveiled in 2015, a small group of people have objected to it. Although the objections have been addressed on numerous occasions, they are still being raised, with the latest being Lim Mah Hui’s article, “Proposed LRT in Penang is both too early and too late”. There are two alternatives suggested to replace the LRT plan. First, the bus rapid transit (BRT), and second, the autonomous rail rapid transit (ART). In this art
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Quayside Insider
- Jan 21, 2019
- 2 min
Proposed Penang Sky Cab now connects Butterworth to Unesco heritage site
The alignment of a proposed Penang Sky Cab project that connects Butterworth to the island will be altered to link to the George Town world heritage site. Penang Chief Minister Chow Kon Yeow said the project developer, Malaysian Resources Corp Bhd (MRCB), proposed the new alignment for the cable car system. “Previously, the alignment was from Butterworth to Karpal Singh Drive, outside of the heritage zone, but now, they have proposed a new alignment within the heritage zone,
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Quayside Insider
- Jan 14, 2019
- 3 min
Retiring abroad in 2019? Consider these top 5 locations
KEY POINTS Panama is the top destination abroad for retirees, thanks to its affordability and the availability of senior discounts, International Living found. Factors to consider when choosing a home in a foreign country include the accessibility to health care, the cost of living and the community. If you’re leaving the U.S. in search of a retirement paradise, be sure to look south. That’s because the top retirement haven for globe-trotting retirees is Panama, according to
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Quayside Insider
- Jan 10, 2019
- 1 min
Penang Facial Recognition CCTV System Is Now Operational: Said To Be The First In Malaysia
Implemented in stages since December 2017, Pulau Pinang state government and Royal Malaysia Police (PDRM) earlier today has officially launched the state’s facial recognition CCTV system which is said to be the first of its kind in Malaysia. Infused with artificial intelligence, the system is apparently powered by IBM. Designed to help combat crimes within the state, the system is also being used to detect traffic violations and water levels. It currently utilizes 767 cameras
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Quayside Insider
- Jan 9, 2019
- 3 min
First prepare Penangites for the LRT, then build it
Introducing a rapid transit system to a population requires more than simply determining the route and selecting the rolling stock. Quite often, the success of the system hinges on how well the local authority prepares the population to accept the new mode of public transport. There is a risk where lack of preparation results in low ridership of rapid transit systems. Without such preparation, once the novelty of taking the LRT has worn out, the population reverts to their fo
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Quayside Insider
- Jan 7, 2019
- 1 min
Penang population to hit 1.8mil
THE population in Penang is expected to go up in tandem with development with a projection of over 1.8mil people by year 2020. This follows an increase from 1.6mil to 1.77mil this year, said Department of Statistics Malaysia chief Datuk Seri Dr Mohd Uzir Mahidin. “Latest statistics show the population in Penang comprises bumiputeras (42.3%), Chinese (39.4%), Indians (9.4%), foreign nationality (8.6%) and others (0.3%). “The average age of residents is 31.9 years, with 19.4% o
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