Malaysia’s Oil Palm Replanting Lags Target, Govt Steps Up Efforts -- Johari

KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.  

Malaysia Eyes Zero CPO Exports As It Increases Production Of Downstream Products -- Johari

KUALA LUMPUR, 24 Feb (Bernama) --  The Ministry of Plantation Industries and Commodities (KPK) wants Malaysia to achieve zero export of crude palm oil (CPO) in the future by increasing the production of downstream products.

GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

Demographic Challenges Among Vital Points To Be Addressed In ASEAN Community Vision 2045

KUALA LUMPUR, Jan 8 (Bernama) -- Demographic challenges currently faced by ASEAN economies are among the vital points to be addressed in the ASEAN Community Vision (ACV) 2045 for the next 20 years, said an official.

APEC Returns To South Korea After 20 Years, To Zero In On Innovation, Digitalisation, Sustainability

KUALA LUMPUR, Jan 2 (Bernama) -- South Korea, which will be hosting the Asia-Pacific Economic Cooperation (APEC) this year for the first time in 20 years, will focus on innovation, digitalisation and sustainability.

Kenanga Revises PCG's FY2025 Profit Forecast Up By 10 Pct, Reflecting Higher Polyolefin Prices

KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.

FPAM Welcomes BNM Premium Cap - Urges Long-term Healthcare Solution

KUALA LUMPUR, Dec 21 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) has welcomed Bank Negara Malaysia’s (BNM) move to cap annual premium increases for medical insurance and takaful at 10 per cent. 

MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums

KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.

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.

Sunway 3Q Net Profit Doubles To RM376.08 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Sunway Bhd’s net profit doubled to RM376.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), from RM180.30 million in the same quarter last year mainly due to stronger operating performance across most business segments.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

SIMPPLE Deploys 89 Autonomous Cleaning Robots Across Singapore's MRT Stations

KUALA LUMPUR, Nov 25 (Bernama) -- SIMPPLE Ltd, a technology provider and innovator in the facilities management sector, through its subsidiary, has completed the sale and deployment of 89 autonomous cleaning robots across Singapore, marking the largest robotic fleet in the land transport sector with rail operator SMRT Trains.