CPO Futures Slide As Lower Oil Prices Weigh On Market Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.

Rubber Market Ends Higher On Tight NR Supply Concerns

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by tight natural rubber (NR) supply concerns due to inclement weather forecasts in major producing countries, a dealer said.

PDAM Commits To Improving Facilities While Balancing Financial Realities Of Members

KUALA LUMPUR, Oct 28 (Bernama) -- The Petroleum Dealers Association of Malaysia (PDAM) is committed to exploring solutions to align with Prime Minister Datuk Seri Anwar Ibrahim's vision for all petrol station operators to improve facilities at their premises.

Sabah A Powerhouse In Palm Oil Industry With 4.5 Mln Tonnes CPO Produced In 2023 - Hajiji

KOTA KINABALU, Oct 28 (Bernama) -- Sabah remained the largest crude palm oil (CPO) producer in the country, with the production of 4.5 million tonnes in 2023 due to superior fruit yields and oil extraction rates, said Chief Minister Datuk Seri Hajiji Noor.

Partnership With State Govts Key To Reducing Livestock Feed Imports - Johari

KUALA LUMPUR, Oct 28 (Bernama) -- The Ministry of Plantation and Commodities is open to collaborating with state governments to reduce the country’s reliance on imported livestock feeds.

FBM KLCI Rebounds From Five Days Of Losses

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s barometer index rose after five days of losses as fresh interest emerged with investors piling into recently beaten-down heavyweights.

US-Malaysia Economic Ties Generate 312,000 New Jobs – Economic Counselor

KUALA LUMPUR, Oct 27 (Bernama) -- Over the last decade, the economic relationship between the United States (US) and Malaysia has grown remarkably, resulting in the creation of more than 312,000 jobs, with the US being the leading source of foreign direct investment (FDI) in Malaysia.

ASEAN Chairmanship: Malaysia Can Advance Carbon Initiatives Within Region - Sarawak Deputy Minister

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia’s ASEAN chairmanship next year presents an excellent opportunity for advancing carbon trading and carbon credits within its member countries, said Sarawak’s Deputy Minister of Energy and Environmental Sustainability, Datuk Dr Hazland Abang Hipni.

Rubber Market Likely To See Flat Trading Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

CPO Futures End Lower On Profit-Taking Activities

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, reversing a significant portion of the gains achieved in previous days, a trader said.

Petronas Introduces Two Initiatives To Bolster Oil And Gas Sector

KUALA LUMPUR, Oct 25 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), aims to bolster the robustness of the local oil and gas sector with two new initiatives.