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Yinson Production's Fpso Atlanta Achieves First Oil

KUALA LUMPUR, Jan 9 (Bernama) --  Yinson Holdings Bhd's offshore business arm, Yinson Production announced that its floating production storage and offloading (FPSO) unit, FPSO Atlanta has achieved its first oil on Dec 31, 2024.

Malaysian Cafe Owners To Rethink Pricing Strategies As Coffee Bean Prices Reach Record Highs

KUALA LUMPUR, Jan 5 (Bernama) – Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies as coffee bean prices hit record highs. 

Coffee Drinkers Have To Adapt To Surging Prices Amid Global Supply Shortage

By Fatin Umairah Abdul Hamid and K.Naveen Prabu

KUALA LUMPUR, Jan 5 (Bernama) -- Coffee lovers who are now paying more for their favourite specialty brew amid rising coffee bean prices might be forced to adopt more affordable alternatives such as brewing their own coffee and drinking it less frequently.

Maybank IB Projects Crude Oil Prices At US$70 Per Barrel In 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.

Local Institutions Maintain Bursa Malaysia Buying Streak For 10th Week

KUALA LUMPUR, Dec 30 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 10th consecutive week, with net purchases of domestic equities totalling RM416.9 million, according to MIDF Amanah Investment Bank Bhd (MIDF).  

Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).

Powering Malaysia’s Future: Solar Growth Amid Energy Sector Challenges

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s energy sector registered significant growth this year, driven by incentives that catalysed players to undertake new green energy ventures, particularly solar systems.

Palm Oil Market Faces Uncertainties Amid Weather Challenges, Supply Constraints

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.

Council Of EU Adopts One-year Postponement For Deforestation Law

KUALA LUMPUR, Dec 20 (Bernama) -- The Council of the European Union (EU) has formally adopted the regulation on the postponement of application of the EU deforestation law by one year.

American Academicians See 'Heroic Role' For Palm Oil

KUALA LUMPUR, Dec 6 (Bernama) -- Palm oil’s versatility, nutrient profile, and sustainable potential make it an essential yet often underappreciated resource, according to two academicians from the United States.

 

Palm Oil Prices Could Range Between RM4,000 And RM5,000 Per Tonne In 2025 -- CPOPC

By Mohd Iswandi Kasan Anuar

JAKARTA, Dec 6 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts palm oil prices could range between RM4,000 and RM5,000 per tonne in 2025, driven by stagnating production in key markets, particularly Indonesia and Malaysia.

UOB: ASEAN-6 To Outpace Global GDP Growth In 2025 Amid Supply Chain Shifts, Investment Opportunities

KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.