1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, pressured by expectations of weaker domestic demand, according to market sources.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Good bilateral relations with the four countries Prime Minister Datuk Seri Anwar Ibrahim recently visited have borne fruit and facilitated the government's mission to attract new business and investments.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian businesses are encouraged to explore investment opportunities in Kenya, especially in the agriculture sector, which requires smart farming techniques and industrialised know-how, as well as in the halal industry.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT), said Palm oil dealer David Ng.
1y ago
KUALA KANGSAR, Nov 19 (Bernama) -- Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for palm oil processing, thus reducing cost and increasing revenue.
1y ago
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural visit to Brazil has generated export potential worth RM6.8 billion (US$1.57 billion) over the next three to five years.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday following a recent price rally due to concerns about weak demand in the coming weeks, a dealer said.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 16 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has underscored the critical importance of strengthening cooperation within the Global South, calling for the harnessing of non-traditional alliances with a clear emphasis on fostering equitable growth and development.
1y ago
By M. Saraswathi
LIMA (Peru), Nov 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's maiden official visit to Peru has generated potential exports worth RM1.24 billion (US$0.3 billion), particularly in high potential sectors on the initiative of the Malaysia External Trade Development Corporation (MATRADE).
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week amid uncertainty over the fresh demand from the destination markets.