Rubber Market Ends Lower, Mirroring Weaker Regional Markets

KUALA LUMPUR, Sept 4 (Bernama) -- The Malaysian rubber market ended lower on Thursday, tracking losses in regional rubber futures markets, with sentiment being clouded by uncertainty over the US interest rate moves and persistent geopolitical crisis.

KPK Submitting Application For CPKO SST Exemption To MOF

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.

Iran-Israel Conflict Triggered Surge In Global Oil Prices -- MITI

KUALA LUMPUR, Aug 18 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Global Market Volatility, Supply Concerns Likely To Drive Malaysian Rubber Prices Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 16 (Bernama) -- The Malaysian rubber market is expected to experience a mixed trend next week, as volatility in global commodity and financial markets continues to influence regional rubber futures, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Rubber Market Ends Higher On Raw Material Shortage Concerns

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian rubber market concluded the week positively due to concerns over a shortage of natural rubber raw materials in major producer Thailand, caused by adverse weather forecasts, said a dealer.

Rubber Market Close Lower On Weaker US Economic Data, Mixed Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 13 (Bernama) -- The Malaysian rubber market closed lower today, influenced by the weaker United States (US) economic data reported yesterday, and the mixed trend in regional rubber futures markets, said a dealer. 

MCBA Urges Malaysian Businesses To Tap Cambodia Market Amid Supply Disruptions

KUALA LUMPUR, Aug 13 (Bernama) -- The Malaysia-Cambodia Business Association (MCBA) has called on Malaysian businesses to seize emerging opportunities in Cambodia following supply chain disruptions caused by the recent Cambodia-Thailand border situation.

Rubber Market On Uptrend At Close, Tracking Regional Futures

By Rosemarie Khoo

KUALA LUMPUR, Aug 11 (Bernama) -- The Malaysian rubber market closed higher, extending its uptrend from last Friday, tracking the regional rubber futures market, mainly the Japanese rubber futures, which rose following expectations of the United States (US) interest rate cuts, said a dealer. 

Rubber Market Likely To Face Volatility Next Week As New US Tariffs Take Effect

By K. Naveen Prabu

KUALA LUMPUR, Aug 9 (Bernama) -- The Malaysian rubber market is expected to experience volatility next week as new United States (US) tariffs take effect, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA). 

Gov't To Consider Raising I-BAP Allocation Following Overwhelming Response - Ramanan

KUALA LUMPUR, Aug 7 (Bernama) -- The government will consider raising the allocation for the Business Accelerator for Indian-owned companies (I-BAP) to RM10 million in the upcoming Budget following overwhelming response since its launch in October last year.

Rubber Market Ends Lower On Mixed Regional Futures, Stronger Ringgit

By K. Naveen Prabu

KUALA LUMPUR, Aug 4 (Bernama) -- The Malaysian rubber market finished lower today, dragged down by the mixed trend in the regional rubber futures market and a stronger ringgit against the US dollar, a dealer said. 

Cahya Mata Awards RM673 Mln Clinker Line Construction Contract To Sinoma

KUALA LUMPUR, July 21 (Bernama) -- Cahya Mata Sarawak Bhd's unit Cahya Mata Cement Sdn Bhd  has awarded a RM673 million contract to Sinoma Industry Engineering (M) Sdn Bhd to build a new 6,000-tonnes-per-day clinker line at its Mambong Integrated Plant in Kuching.