Fadillah Holds Meeting With Rosatom On Nuclear Energy Development

From Siti Radziah Hamzah

MOSCOW, June 27 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today held a meeting with Russia's state nuclear corporation Rosatom’s director-general Alexey Likhachev to discuss bilateral cooperation in nuclear energy. 

CPO Futures End Lower Amid Weaker Soybean Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, June 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, influenced by declining soybean oil prices on the Chicago Board of Trade.

Jetoptera Debuts At Paris Air Show With Successful J-500 Engine Test

KUALA LUMPUR, June 23 (Bernama) -- Jetoptera Inc has successfully completed the first test of the engine intended to power its J-500 unmanned vertical take-off and landing (VTOL) cargo aircraft, which is being developed in collaboration with Eanan Al Samma for the United Arab Emirates (UAE) market.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

CPO Futures Expected To Trade Higher Next Week On Soybean, Crude Oil Strength

By Abdul Hamid A Rahman and K. Naveen Prabu

KUALA LUMPUR, June 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, buoyed by the recent strength in soybean and crude oil prices.

SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

Toshiba Launches High-Speed 2-Channel Digital Isolators For Automotive Use

KUALA LUMPUR, June 19 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched the “DCM32xx00 Series”, a new line of two-channel high-speed standard digital isolators designed for automotive applications.

Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.

CPO Futures End Lower On Weaker Soybean Oil

By Abdul Hamid A Rahman & K Naveen Prabu

KUALA LUMPUR, June 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, dragged by weaker soybean oil price on the Chicago Board of Trade.

MPOC: Palm Oil Output Hits Highest May Level Since 2015 Amid Favourable Weather

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s palm oil production rose 5.05 per cent month-on-month in May to 1.77 million tonnes, marking the highest output recorded for the month since 2015, according to the Malaysian Palm Oil Council (MPOC).

Petronas Eyes Seven CCS Sites, Seeks Partners For Carbon Storage Projects

KUALA LUMPUR, June 17 (Bernama) — Petroliam Nasional Bhd (Petronas) is seeking local and international partners across the carbon capture and storage (CCS) supply chain to strengthen its position in the segment, having identified up to seven potential CCS sites in Malaysia.

SST Expansion Helps Protect Local Fruit Industry - Pineapple Growers

PONTIAN, June 13 (Bernama) – The government’s initiative to expand the scope of the Sales and Service Tax (SST) by imposing a five per cent sales tax on all imported fruits has been described by pineapple growers in Johor as a proactive move to protect the local fruit industry.