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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.

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.

Xceptor-Joint Study: Capital Markets Embrace Digital Transformation Amid Manual Hurdles

KUALA LUMPUR, June 17 (Bernama) -- A new report conducted by Xceptor in partnership with Crisil Coalition Greenwich has unveiled how firms across the capital markets landscape are rethinking their operational strategies in response to growing complexity, rising trade volumes, and evolving regulatory demands.

RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah

KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

BNM, Govt To Work On Implementing 'Reset' Initiative To Address High Medical Inflation

KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia.

Mavenir Cuts Over US$1.3 Bln In Debt Through Strategic Recapitalisation

KUALA LUMPUR, June 17 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor Siris have signed a comprehensive recapitalisation agreement with Mavenir’s lenders to significantly enhance the company’s financial foundation.

International Collaboration Crucial For ASEAN’s Sustainable Energy Future -- Fadillah

KUCHING, June 16 (Bernama) -- International collaboration is vital for ASEAN to realise a sustainable energy future, as this aspiration requires member states to adopt innovative technologies and strengthen power infrastructure, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

CPO Futures End Higher On Stronger Soybean Oil, Crude Oil Prices

By K NAVEEN PRABU

KUALA LUMPUR, June 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT) and a surge in crude oil prices.

KBRA Expands Global Presence With New Tokyo Office

KUALA LUMPUR, June 16 (Bernama) -- Kroll Bond Rating Agency LLC (KBRA) has announced the opening of its new office in Tokyo, Japan, marking its first establishment in the Asia-Pacific (APAC) region as part of its international expansion strategy.

ASEAN Power Grid's Enhanced MoU To Focus On Regulations, Technical Requirements -- Fadillah

KUALA LUMPUR, June 16 (Bernama) -- ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.

MTD Properties Embarks On Two Residential And Industrial Projects In Melaka

MELAKA, June 14 (Bernama) -- MTD Properties Sdn Bhd is set to develop two property projects in Melaka, comprising residential and industrial units, with phased construction expected to begin this year.

CPO Futures Expected To Trade Higher Next Week On Stronger Rival Oils

By Zufazlin Baharuddin

KUALA LUMPUR, June 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, tracking the rise of rival oils such as soybean and crude.