CPO Futures Close Lower On Soyabean Oil Weakness

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 16 (Bernama) -- The crude palm oil (CPO) futures closed lower on Friday, tracking weakness in the soyabean oil market, said palm oil trader David Ng.

Gamuda's Unit Acquires 148-hectare Land In Selangor For RM248.7 Mln

KUALA LUMPUR, May 16 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary Gamuda Land (T12) Sdn Bhd is acquiring a 148.11-hectare land parcel in Kuala Langat, Selangor, for a total consideration of RM248.7 million.

Main Market-bound Paradigm REIT Aims To Raise RM560 Mln From IPO

PETALING JAYA, May 16 (Bernama) -- Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).

Malaysia’s Export Base To Cushion Us Tariff Impact - BNM

KUALA LUMPUR, May 16 -- Bank Negara Malaysia (BNM) expects any impact from potential United States (US) tariffs on semiconductors to be limited for Malaysia, thanks to the country’s diversified export base and continued demand in key sectors.

APEC Must Scale Up Capacity-Building Efforts To Support Sustainable Trade -- Tengku Zafrul

KUALA LUMPUR, May 16 (Bernama) -- Malaysia has called for greater investment in capacity building across Asia-Pacific Economic Cooperation (APEC) member economies to support the transition to sustainable trade. 

APEC Forecasts Slower Regional Growth Of 2.6 Pct In 2025

KUALA LUMPUR, May 15 (Bernama) -- Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is projected to moderate to 2.6 per cent in 2025 and 2.7 per cent in 2026, marking a significant decline from the 3.6 per cent recorded in 2024, according to the latest report by the APEC Policy Support Unit.

SEACare 2025 Generates RM1.1 Bln Potential Sales

KUALA LUMPUR, May 15 (Bernama) -- The 25th Southeast Asian Healthcare and Pharma Show (SEACare 2025) has generated over RM1.1 billion in potential sales and aims to achieve a potential sales target of RM1.5 billion in its next edition.

HORIBA Group To Set Up First Manufacturing Facility In Kedah By 2026

KUALA LUMPUR, May 15 (Bernama) -- Japanese manufacturer HORIBA Group is set to establish its first manufacturing facility in Kedah, marking its first production base for mass flow controllers (MFCs) in Malaysia.

Malaysia's Palm Oil Inventory Set To Rise 15 Pct In May 2025 - CIMB Securities

KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd. 

OM Holdings Sells 26 Pct Interest In NMPL For US$101.4 Mln

KUALA LUMPUR, May 13 (Bernama) -- OM Holdings Ltd’s (OMH) wholly owned subsidiary OMH (Mauritius) Corp (OM Mauritius) has entered into a conditional binding agreement with Exxaro Resources Ltd to sell its entire 26 per cent interest in Ntsimbintle Mining Proprietary Ltd (NMPL) for about US$101.4 million (US$1=RM4.32).

BNM’s 100-bps SRR Cut Gives Room To Assess US Tariff Impact - Moody’s Analytics

KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.

US-China Tariff Rollback May Delay Purchasing Decisions For Malaysian Glove Makers

KUALA LUMPUR, May 13 (Bernama) -- The latest United States (US)-China tariff rollback will impact Malaysia’s glove makers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).