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Perai Free Industrial Zone
The Perai Free Industrial Zone (Perai FIZ) is a Free-trade zone, free trade zone within Seberang Perai in the States and federal territories of Malaysia, Malaysian state of Penang. Located within the suburb of Perai and south of Butterworth, Seberang Perai, Butterworth, the Perai FIZ was established in 1980 with the aim of becoming a major manufacturing hub for bulk items, leveraging its proximity to the Port of Penang and the KTM West Coast railway line, railway line that links it to the rest of western Peninsular Malaysia. The zone has since attracted numerous multinational companies such as Mattel, Flex (company), Flex, Sanmina Corporation, Sanmina, JinkoSolar and Honeywell. In 2022, the Perai FIZ, along with other industrial estates within Central Seberang Perai District, Central Seberang Perai, received RM1.05 billion of Foreign direct investment, foreign direct investments (FDI), accounting for nearly 11% of Penang's total FDI that year. See also * Bayan Lepas Free Ind ...
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Seberang Perai
Seberang Perai is a city in the Malaysian state of Penang. Located on the Malay Peninsula and separated from Penang Island by the Penang Strait, it shares borders with Kedah to the north and east and Perak to the south. The city spans an area of and had a population of 946,092 , making it the third largest city in Malaysia. Originally a part of Kedah, the territory containing the city was ceded to the British East India Company in 1800. It was named Province Wellesley and has been administered as part of Penang ever since. The territory became a centre for cash crop agriculture, while the development of new towns such as Butterworth and Bukit Mertajam followed with the advent of roads and railways towards the end of the 19th century. After Malaya's independence, Seberang Perai benefitted from the development spillover from George Town. The Port of Penang, the third busiest seaport in the country, was relocated to the municipality in 1974, bolstering its industrial-bas ...
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Australian National University
The Australian National University (ANU) is a public university, public research university and member of the Group of Eight (Australian universities), Group of Eight, located in Canberra, the capital of Australia. Its main campus in Acton, Australian Capital Territory, Acton encompasses seven teaching and research colleges, in addition to several national academies and institutes. Established in 1946, ANU is the only university to have been created by the Parliament of Australia. It traces its origins to Canberra University College, which was established in 1929 and was integrated into ANU in 1960. ANU enrols 13,329 undergraduate and 11,021 postgraduate students and employs 4,517 staff. The university's endowment stood at A$1.8 billion as of 2018. ANU counts six List of Nobel laureates, Nobel laureates and 49 Rhodes Scholarship, Rhodes scholars among its List of Australian National University people, faculty and alumni. The university has educated the incumbent Governor-Gene ...
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1980 Establishments In Malaysia
__NOTOC__ Year 198 (CXCVIII) was a common year starting on Sunday of the Julian calendar. At the time, it was known as the Year of the Consulship of Sergius and Gallus (or, less frequently, year 951 ''Ab urbe condita''). The denomination 198 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire *January 28 **Publius Septimius Geta, son of Septimius Severus, receives the title of Caesar. **Caracalla, son of Septimius Severus, is given the title of Augustus. China *Winter – Battle of Xiapi: The allied armies led by Cao Cao and Liu Bei defeat Lü Bu; afterward Cao Cao has him executed. By topic Religion * Marcus I succeeds Olympianus as Patriarch of Constantinople (until 211). Births * Lu Kai, Chinese official and general (d. 269) * Quan Cong, Chinese general and advisor (d. 249) Deaths * Li Jue, Chinese warlord and regent ...
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Bayan Lepas Free Industrial Zone
The Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ) is a free trade zone within George Town in the Malaysian state of Penang. Located adjacent to the Penang International Airport and south of the city centre, it is a high-tech industrial park widely regarded as the ''Silicon Valley of the East''. Created in 1972 as Malaysia's first free trade zone, the Bayan Lepas FIZ played a critical role in Penang's economic diversification and is now home to various multinational corporations, including Bosch, Motorola, Dell, Intel and Hewlett-Packard. History The Bayan Lepas FIZ was the brainchild of Lim Chong Eu, who served as the Chief Minister of Penang between 1969 and 1990, in response to Penang's economic downturn at the time. George Town, Penang's capital city, had its free port status revoked by the Malaysian federal government in 1969, leading to massive unemployment which peaked at 16.4%. Lim identified the electronics sector as having the best potential to absorb the ...
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Department Of Statistics Malaysia
The Department of Statistics Malaysia (DOSM; Malay language, Malay: ''Jabatan Perangkaan Malaysia'') is a government agency in Malaysia that operates under the Ministry of Economy (Malaysia), Ministry of Economy. It is responsible for the collection and interpretation of reliable statistics related to the economy, population, society and environment of Malaysia which the government primarily uses to assess, review and implement national public policies. DOSM data are publicly accessible on thOpenDOSMwebsite. Responsibilities and activities MyCensus The department conducts the Census in Malaysia, Population and housing census of Malaysia (MyCensus) every 10 years. As of the most recent census in 2020, DOSM had implemented 5 censuses since the establishment of Malaysia. Economic statistics The department supplies a wide variety of financial information. Through its various divisions, the department is responsible for the production and compilation of national accounts such ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based in another country. The magnitude and extent of control, therefore, distinguishes it from a foreign portfolio investment or foreign indirect investment. Foreign direct investment includes expanding operations or purchasing a company in the target country. Definitions Broadly, foreign direct investment includes mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans. In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital as ...
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Central Seberang Perai District
The Central Seberang Perai District is a district in Seberang Perai within the Malaysian state of Penang. The district covers the central third of Seberang Perai. It borders Northern Seberang Perai to the north, Kedah Kedah (), also known by its honorific Darul Aman (Islam), Aman (دار الأمان; Arabic for 'The Safe Abode') and historically as Queda, is a States and federal territories of Malaysia, state of Malaysia, located in the northwestern part of ... to the east and Southern Seberang Perai to the south. The district, along with the North and South Seberang Perai districts, falls under the jurisdiction of the Seberang Perai City Council. Administrative divisions The Central Seberang Perai District is further divided into 23 subdivisions, officially known as mukims. See also * Northeast Penang Island District * Southwest Penang Island District References {{Districts of Malaysia Districts of Penang ...
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Dun & Bradstreet
The Dun & Bradstreet Holdings, Inc. (D&B) is an American company that provides commercial data, analytics, and insights for businesses. Headquartered in Jacksonville, Florida, the company offers a wide range of products and services for risk and financial analysis, operations and supply, and sales and marketing professionals, as well as research and insights on global business issues. It serves customers in government and industries such as communications, technology, strategic financial services, and retail, telecommunications, and manufacturing markets. The company's database contains over 500 million business records worldwide. History 19th century Dun & Bradstreet traces its history to July 20, 1841, with formation of The Mercantile Agency in New York City by Lewis Tappan. Recognizing the need for a centralized Credit score, credit reporting system, Tappan formed the company to create a network of correspondents who would provide reliable, objective credit information t ...
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University Of Putra Malaysia
University of Putra Malaysia (Malay language, Malay: ''Universiti Putra Malaysia''), abbreviated as UPM, is a Malaysian public research university located in Seri Kembangan, Serdang, Selangor. Formerly it was named Universiti Pertanian Malaysia (Agricultural University of Malaysia), focusing on agricultural sciences and related fields. Since the 1990s, the fields of study have expanded to include human ecology, languages, architecture, medicine, computer science and biotechnology. Currently there are 15 faculties, 11 institutes and 2 schools covering these as well as agriculture, forestry, veterinary, veterinary medicine, economics, engineering, sciences, and education. UPM has been recognised as a research university since 2006, one of five present in Malaysia. In 2010, self-accreditation status was awarded by Malaysian Qualifications Agency to simplify the procedure of accrediting academic programs, strengthening its own Internal Quality Assurance (IQA) system to compete amon ...
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Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, industrial automation, and energy and sustainability solutions (ESS). Honeywell also owns and operates Sandia National Laboratories under contract with the U.S. Department of Energy. Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2024, the corporation had a global workforce of approximately 102,000 employees. As of 2023, the current chairman and chief executive officer is Vimal Kapur. The corporation's name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey. The combined company chose the name "Honeywell" because of the considerable brand recognition. Honeywell was a component of the ...
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JinkoSolar
JinkoSolar Holding Co., Ltd. () is a solar module manufacturer headquartered in Shanghai, China, and listed on the New York Stock Exchange since 2010. Its subsidiary Jinko Solar Co., Ltd. () was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in 2022. History In December 2006, JinkoSolar was established in December 2006 in Shangrao, Jiangxi, China. In May 2010, JinkoSolar was listed on the New York Stock Exchange. In 2015, JinkoSolar established manufacturing operations in Malaysia. Jinko Solar provided the equipment for, and has a 20% ownership stake in, the 2 GW Al Dhafra Solar project in the United Arab Emirates, which was announced in 2020 and opened in 2023 and was one of the world's largest solar projects. In 2021, the U.S. Customs and Border Protection began blocking the import of JinkoSolar products into the United States due to concerns about the use of forced Uyghur labor. In August 2023, the U.S. Department of Commerce determined ...
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Sanmina Corporation
Sanmina Corporation is an American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers (OEMs) in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. , it is ranked number 482 in the Fortune 500 list. History Sanmina was founded by Jure Sola and Milan Mandarić in 1980 as a printed circuit board manufacturer. It was named after Milan Manadarić's daughters Sandra and Jasmina. During the 1980s, it expanded into manufacturing backplanes and subassemblies for the telecommunications industry. During the 1990s, the company grew, producing complete products for major OEM companies and completing a number of acquisitions. Jure Sola became CEO and Chairman of Sanmina in 1991. The company completed an initial public offering on NASDAQ in 1993. Merger and name chang ...
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