1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 22 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, weighed down by concerns over weakening demand from India due to cheaper alternatives, a trader said.
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim reiterated Malaysia’s commitment to the Paris Agreement, highlighting the country’s willingness to take bold and tough measures to value humanity and preserve sustainability.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia should utilise the free trade agreements (FTAs) that it has among the ASEAN countries, including the Regional Comprehensive Economic Partnership (RCEP) to promote palm oil at the global level, said the Malaysian Palm Oil Board (MPOB).
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia experienced significant aviation growth in 2024, marked by an additional 12 new airlines, 16 resumptions and 24 new destinations, according to Malaysia Airports Holdings Bhd.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 20 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher due to sluggish production pace in coming weeks, palm oil dealer David Ng said.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking next week as traders pare their positions ahead of the Chinese New Year celebrations, according to Interband Group of Companies' senior palm oil trader, Jim Teh.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 16 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- AM Best Executive Vice President and Chief Strategy Officer, Andrea Keenan, is set to deliver a presentation titled “Innovation is in Insurance’s DNA” at the 18th India Rendezvous, scheduled for Jan 20 to 22 at the JW Marriott Mumbai Juhu in Mumbai, India.
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
PUTRAJAYA, Jan 15 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) forecasts that Malaysia’s air passenger traffic will reach between 105.8 million and 112.9 million passengers this year, according to Transport Minister Anthony Loke.
1y ago
KOTA KINABALU, Jan 14 (Bernama) -- Budget carrier AirAsia is expecting five million guest arrivals to Sabah through Kota Kinabalu, Sandakan, and Tawau this year, up from the 3.7 million arrivals recorded in 2024.
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.