BMI Projects RM3,900/T Palm Oil Price Average For 2025
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.
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Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits.
Bursa Malaysia Remains In The Red At Midday
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia remained in the red at midday, weighed down by continuous selling in selected heavyweights, led by financial services and utilities sectors.
Brazil At Sweet Spot For Malaysian Semiconductor Industry To De-risk Supply Chain - Tengku Zafrul
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.
Trump’s Economic Policies Can Add RM19.7 Bln To Malaysia's GDP - Juwai IQI
KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).
Bursa Malaysia Rises Above 1,600 Mark At Midday
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia stopped for the midday break in upbeat mode, rising above the 1,600-point level as investors bought selected heavyweight stocks in industrial products and services, utilities, telecommunications and media.
Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).
Kossan Shares Rise In Early Trade Despite Weaker 3Q Results
KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).
Rubber Market To Trade On Positive Mode Next Week On EUDR Delay
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the rubber market to trade positively next week, following the delay in the implementation of the European Union Deforestation Regulation (EUDR).
MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector
BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.
Hong Kong Opens Doors For Malaysian Businesses To Tap Into GBA
By Karina Imran
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian companies are highly encouraged to leverage Hong Kong's strategic position as a gateway to establish and expand their presence in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
Bursa Malaysia Opens Lower, Tracking Weaker Wall Street Performance
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.