1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker showing in the regional rubber futures markets, said a dealer.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has maintained its crude palm oil (CPO) price forecast for 2025, premised on higher year-on-year (y-o-y) CPO production and demand rationing.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Precision technology, robotics, and digitalisation coupled with research and development (R&D) are vital ingredients for Malaysia to achieve food self-sufficiency, especially in rice production, as it continues to grapple with rising costs and production inefficiencies.
1y ago
PUTRAJAYA, Jan 14 (Bernama) -- The palm oil trade is a cornerstone of ASEAN’s economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN’s Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.