21d ago
KUALA LUMPUR, Feb 24 (Bernama) -- IOI Corporation Bhd (IOI Corp) posted a higher net profit of RM528.50 million in the second quarter of the financial year ending June 30, 2026 (2Q FY2026) compared with RM111.10 million a year earlier.
1m ago
KUALA LUMPUR, Feb 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is maintaining its crude palm oil (CPO) price assumption of RM4,200 per metric tonne (mt) and earnings forecasts for 2026 for now, pending a review following Indonesia’s recent move to delay the implementation of its B50 mandate.
1m ago
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia opened lower on Thursday as investors booked profits from recent gains and assessed the impact of the US Federal Reserve (Fed) decision to keep interest rates unchanged.
4m ago
KUALA LUMPUR, Nov 4 (Bernama) -- IOI Corporation Bhd has appointed former Bursa Malaysia Bhd chairman, Tan Sri Abdul Wahid Omar, as its non-executive chairman, effective Nov 5, 2025.
4m ago
KUALA LUMPUR, Oct 22 (Bernama) -- IOI Corporation Bhd has won the Best of the Best award at The Edge Malaysia ESG Awards 2025, recently held on Oct 1.
5m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded at the midday break, lifted by last-minute buying and gains across most regional peers.
6m ago
KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd has maintained a 'neutral' call on the plantation sector, saying earnings are expected to stay robust into calendar year 2026 (CY26) but lacking strong upside catalysts.
7m ago
KUALA LUMPUR, July 25 (Bernama) -- Public Investment Bank Bhd has maintained a neutral outlook on the plantation sector, with crude palm oil (CPO) prices projected to remain stable in the second half of 2025 (2H 2025), trading within the RM4,000 to RM4,300 per tonne range.
9m ago
KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
9m ago
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia remained easier at midday today due to continuing profit-taking, especially on plantation and energy stocks, said analysts.
9m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
9m ago
KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.