Malaysia Not Selling Oil To ASEAN Members As It Still Imports 400,000 Barrels Daily -- Johari

From Niam Seet Wei

CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

ASEAN May Involve Private Sector In Oil Stockpiling Framework -- Johari Ghani

From Niam Seet Wei

CEBU (Philippines) May 7 (Bernama) -- ASEAN may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness.

Rubber Market Closes Mixed As Positive Developments Capped By Weaker Oil, Stronger Ringgit

KUALA LUMPUR, May 7 (Bernama) -- The rubber market closed mixed on Thursday, amid gains in regional rubber futures but capped by weaker oil prices and a stronger ringgit, a dealer said. 

Gold Futures Extend Gains On Weaker Greenback, US Treasury Yields Decline

By Danni Haizal Danial Donald

KUALA LUMPUR, May 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains, closing higher on Thursday, as market sentiment improved following a decline in United States Treasury yields and a weaker US dollar.

Malaysia Positions Carbon Market As Strategic Economic Pillar To Drive Trade Competitiveness - Arthur

KUALA LUMPUR, May 7 (Bernama) -- Malaysia is positioning the carbon market as a critical economic driver to bolster industrial competitiveness and meet its ambitious climate targets under the newly approved National Carbon Market Policy (DPKK).

Agro-Commodity Sector Faces Challenges In Attracting Youth -- Noraini

BANGI, May 7 (Bernama) -- The country's agribusiness sector is facing challenges in attracting the interest and participation of the younger generation in exploring opportunities in the industry, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Rubber Market Closes Mixed As Positive Developments Capped By Weaker Oil, Stronger Ringgit

KUALA LUMPUR, May 7 (Bernama) -- The rubber market closed mixed on Thursday, amid gains in regional rubber futures but capped by weaker oil prices and a stronger ringgit, a dealer said. 

Ringgit Continues Growth Trajectory After OPR Maintained At 2.75 Pct

KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

KLCI Futures Close Higher

KUALA LUMPUR, May 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Thursday, in line with the steady performance of the cash market.

Pavilion REIT Posts Higher Net Profit Of RM105.8 Mln In 1Q

KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM105.8 million for the first quarter ended March 31, 2026 (1Q 2026), from RM90.4 million recorded in the corresponding quarter last year.

Lotte Chemical Titan Reduces 1Q Net Loss To RM122.7 Mln

KUALA LUMPUR, May 7 (Bernama) -- Polyolefins producer Lotte Chemical Titan Holdings Bhd (LCT) reduced its net loss to RM122.70 million in the first quarter ended March 31, 2026 (1Q FY2026) from RM125.67 million in the year-ago quarter.

MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.