CPO Futures Likely To Trade Lower Next Week Amid Rising Stocks, Higher Output

By Durratul Ain Ahmad Fuad and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a downward bias next week amid rising stock levels and anticipation of higher production in the coming weeks, said a trader.

CPO Futures Close Lower Despite Gains In Early Session

By Muhammad Fawwaz Thaqif Nor Afandi & Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today despite trading moderately higher in the early session, supported by gains in competing oils, mainly sunflower oil and soybean oil, as well as an upward momentum in energy prices.

Gold Futures End Higher, Tracking Gains In US COMEX

KUALA LUMPUR, Jan 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Friday, tracking gains in US COMEX.

KKB Subsidiary Bags RM212 Mln Contract From Petronas Carigali For Offshore EPC Job

KUALA LUMPUR, Jan 9 (Bernama) -- KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd has bagged an award from Petronas Carigali Sdn Bhd for the provision of minor engineering, procurement, and construction (EPC) of a fixed offshore structure and “host tie-in” at Erb West for the Belud South Greenfield development project worth RM212 million.

FBM KLCI Futures Open Slightly Higher In Early Trade

KUALA LUMPUR, Jan 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts were slightly higher in early trade today, tracking the underlying cash market.

Brahim’s To Expand PIA Kitchen This Year, Eyes Rising Tourist Arrivals

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 9 (Bernama) -- Brahim’s Dewina Group of Companies (Brahim’s) plans to expand its in-flight catering kitchen at Penang International Airport (PIA) this year to meet rising demand from Visit Malaysia 2026. 

Globaltec To Generate First Revenue From Indonesian Coalbed Methane Venture This Year

From Nur Aiman Najwa Dzamae

JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.

Gold Futures End Mostly Lower Due To Profit Taking After Recent Gains

KUALA LUMPUR, Jan 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, amid profit-taking after recent gains.

Ringgit Ends Lower After Trump's Warning To Defence Firms Drives Safe-haven Demand

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit ended marginally lower against the US dollar on Thursday, as investors shifted to safe-haven assets following US President Donald Trump’s warning to defence contractors, an analyst said.

Articul8 AI Raises Series B, Targets US$70 Mln 

KUALA LUMPUR, Jan 8 (Bernama) -- Articul8 AI Inc has closed the first tranche of its oversubscribed Series B financing, positioning the enterprise generative artificial intelligence (GenAI) software company for its next phase of global expansion.

FBM KLCI Futures Open Lower In Early Trade

KUALA LUMPUR, Jan 8 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts were lower in early trade today tracking the lower underlying cash market.

CPO Futures Higher On Rumours Indonesia May Raise Export Duty To 15 Pct

KUALA LUMPUR, Jan 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday on market rumours that Indonesia may raise CPO export duty to fund the B50 biodiesel mandate, said a trader.