KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index started the year on a subdued note, tracking the overnight decline in the US market.
KUALA LUMPUR, Jan 1 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) officially comes into effect today, introducing stricter guidelines for sustainability, traceability, and ethical practices in palm oil production.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on the last trading day of 2024, due to the upcoming implementation of Indonesia’s biofuel programme in January, following the recent rally in CPO prices, a dealer said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, reversing earlier gains as traders booked profit amid the recent price rally, said a dealer.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 30 (Bernama) -- The local rubber market closed positive on Monday, supported by the uptrend in regional rubber futures markets, following expectations of improved Chinese economic data from additional stimulus, a dealer said.
KUALA LUMPUR, Dec 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) is conducting a comprehensive review of its productivity to streamline its working methods, eliminate inefficiencies, and focus on undertakings that can deliver measurable value.
SIPITANG, Dec 28 (Bernama) -- The Sipitang Oil and Gas Industrial Park (SOGIP), which has secured investments totalling about RM29.87 billion, is expected to begin operations in 2026 and 2027, said Chief Minister Datuk Seri Hajiji Noor.
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.
