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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, driven by stronger soybean oil prices on the Chicago Board of Trade and firm crude oil prices, an analyst said.
KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by higher palm olein prices on the Dalian Commodity Exchange, said palm oil trader David Ng.
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives climbed for the fourth consecutive day of trading on Friday due to higher soybean oil prices as well as weaker production outlook in the coming weeks, a dealer said.
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s export prices rose by 1.1 per cent to 150.7 points in December 2024, compared to 149.1 points in the previous month, while import prices increased by 0.9 per cent to 128.0 points, driven by oil-based commodities and mineral fuels, according to the Department of Statistics Malaysia (DOSM).
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, driven by expectations of weak output in the coming weeks, in line with the seasonal trend, said palm oil dealer David Ng.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 21 (Bernama) -- The local rubber market ended higher on Tuesday in line with most of its regional peers as sentiment was lifted after the United States (US) delayed imposing tariffs on China, a dealer said.
