9m ago
From Mohd Iswandi Kasan Anuar
JAKARTA, June 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Indonesian President Prabowo Subianto have expressed the strong commitment of both countries to accelerate strategic cooperation in various fields including joint development in the maritime border area of Malaysia and Indonesia in Ambalat in a peaceful and mutually beneficial manner.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended the short week higher following lower-than-expected palm oil production pace and robust June export performance, said a commodity analyst.
9m ago
By Karina Imran
KUALA LUMPUR, June 25 (Bernama) -- Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) University Professor of Practice Tan Sri Abdul Wahid Omar.
9m ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
9m ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.
9m ago
By Zufazlin Baharuddin
KUALA LUMPUR, June 14 (Bernama) -- The local rubber market is expected to stay muted with a sideways trend leaning towards further weakness.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia closed lower on Friday, weighed down by heavy selling in technology, healthcare, and logistics stocks, as risk-off sentiment intensified following escalating geopolitical tensions and Washington’s plan to impose unilateral tariffs within the next two weeks.
9m ago
KUALA LUMPUR, June 13 (Bernama) -- Malaysia aims to expand the reach of its downstream and value-added palm-based products to Japan, particularly specialty fats, tocotrienols, red palm oil, and palm biomass-based medium-density fibreboard for housing and furniture applications.
9m ago
By K Naveen Prabu & Zufazlin Baharuddin
KUALA LUMPUR, June 11 (Bernama) -- The crude palm oil (CPO) futures contract closed lower for the second consecutive day, weighed down by concerns over a rising supply outlook.
9m ago
KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight downside bias next week, amid rising output and stock levels, said a trader.