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MSPO Certification Shields Palm Oil Industry, Guarantees Future Of Smallholders

BATU PAHAT, June 26 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification is not just a certificate, but rather a 'shield' for the country's palm oil industry as well as guaranteeing the future of smallholders.

Reinvestment Allowance: MITI To Convey Industry Players' Feedback To MoF

MELAKA, June 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is currently looking at issues related to the reinvestment allowance (RA) and will bring them to the attention of the Finance Ministry (MoF) following the business community’s call for improvements to the incentive to encourage greater corporate reinvestment.

Workforce Investment, Diversification Key To Withstanding Industry Crises -- MAG

SEPANG, June 26 (Bernama) -- Malaysia Aviation Group (MAG) has identified investment in its workforce, business diversification and stakeholder collaboration as key to strengthening its resilience against recurring crises in the aviation industry, said its president and group chief executive officer Capt Nasaruddin A. Bakar.

Bursa Malaysia Opens Slightly Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia started the day slightly higher, buoyed by bargain hunting in telecommunications and transportation counters.

Fuel Supply Across Petronas Station Network Remains Stable Until August

KUALA LUMPUR, June 25 (Bernama) --  Fuel supplies across the nationwide network of Petronas petrol stations are expected to remain stable and sufficient until August, said Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said.

CPO Futures Extend Loss For Third Day On Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the third consecutive trading day, pressured by weaker crude oil prices.

Gold Futures End Lower For Third Day Running

By Danni Haizal Danial Donald

KUALA LUMPUR, June 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower for a third consecutive day on Thursday, weighed down by expectations of higher United States (US) interest rates following the release of the US Personal Consumption Expenditures (PCE) inflation data later tonight.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Bursa Malaysia Ends Morning Session In Negative Territory

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia remained in negative territory at midday today as investors took profit while staying cautious amid the lack of fresh market catalysts, analysts said.

IATA Outlines Four Priorities To Tackle Aerospace Supply Chain Failures

KUALA LUMPUR, June 24 (Bernama) -- The International Air Transport Association (IATA) has identified four priorities to address persistent failures in the aerospace supply chain, namely enhancing supply chain visibility, opening up the aftermarket, unlocking the value of data, digitalisation and artificial intelligence (AI), as well as building human capacity.

Ateios Systems Achieves Intertek PFAS-Free Certification For RaiCore Portfolio

KUALA LUMPUR, June 24 (Bernama) -- Ateios Systems, a United States (US)-based advanced battery electrode manufacturer, announced that its full RaiCore composite portfolio has been certified per- and polyfluoroalkyl substances (PFAS)-Free by Intertek Sustainability.

Ringgit Eases Slightly On Expectations Of Higher US Rates -- MOF

KUALA LUMPUR, June 24 (Bernama) -- The ringgit has edged lower this year on expectations that US interest rates will remain elevated, the Ministry of Finance (MOF) said, though the currency continues to be underpinned by strong domestic fundamentals.