Export Duty Rates For CPO Revised To Ensure Domestic Supply - MOF
KUALA LUMPUR, Oct 18 (Bernama) -- The export duty rates for crude palm oil (CPO) have been revised to ensure an adequate domestic supply of the commodity.
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RM65 Mln Allocation To Help Smallholders Obtain MSPO Certification - Johari
KUALA LUMPUR, Oct 18 (Bernama) -- The RM65 million allocation through Budget 2025 is expected to provide a boost for more smallholders to obtain the Malaysian Sustainable Palm Oil (MSPO) Certification, said Commodities and Plantations Minister, Datuk Seri Johari Abdul Ghani.
Anwar Unveils Substantial Budget 2025, Catalyzing Economy, Hastening Reforms
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.
Malaysia's Trade Records 10.2 Pct Jump, Exceeds RM2 Trillion Mark In First Nine Months Of 2024
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).
Malaysia Pavilion Sees Potential Export Value Of US$67.11 Mln At Tokyo Game Show 2024
KUALA LUMPUR, Oct 17 (Bernama) -- The Malaysia Pavilion at Tokyo Game Show (TGS) 2024 has garnered potential sales of US$67.11 million (US$1=RM4.29) from 150 business meetings conducted between the Malaysian and Japanese gaming companies.
Strong China-Malaysia Ties Key Factor In Driving Investments: Analysts
KUALA LUMPUR, Oct 17 (Bernama-Xinhua) -- Longstanding and stable relations with China are a key consideration for investors seeking to expand into Southeast Asia, with the strength of China-Malaysia ties making Malaysia a top destination for Chinese enterprises, analysts said on Thursday.
MDEC Secures More Than RM360 Mln In Digital Export Opportunities At GITEX Global, ENS 2024
From Nurunnasihah Ahmad Rashid
DUBAI, Oct 17 (Bernama) -- Malaysia Digital Economy Corporation’s (MDEC) participation in the Gulf Information Technology Exhibition (GITEX) Global and Expand North Star (ENS) 2024 in Dubai has yielded more than RM360 million in export opportunities, a remarkable 10 per cent surge from what was achieved at these events last year.
CPO Futures End Lower Amid Weaker Soybean Futures
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Thursday due to weakness in Chicago Board of Trade soybean oil futures, palm oil trader David Ng said.
MDEC CEO Says Public-private Partnerships Key To Driving Asean’s Digital Economy
KUALA LUMPUR, Oct 17 (Bernama) -- Public-private partnerships (PPPs) are expected to play a crucial role in shaping ASEAN’s future, particularly in driving the digital economy forward as they are the backbone of progress, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO) Anuar Fariz Fadzil.
Malaysia Needs Diverse Trading Partners To Explore New Solar Market - MITI
KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).
CPO Futures Rebound To Close Higher Tracking Bullish CBOT Soybean Oil
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, tracking gains in the Chicago Board of Trade’s soybean oil futures overnight.
BEV Sales Surge 112 Pct In 1H2024, Reaching 6,617 Units - Tengku Zafrul
KUALA LUMPUR, Oct 16 (Bernama) -- A total of 6,617 battery-powered electric vehicles (BEVs) were sold in the first half of 2024 (1H2024) marking a significant 112 per cent year-on-year surge in the electric vehicle (EV) market, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.