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KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 8 (Bernama) -- The Malaysian rubber market is expected to remain muted next week, with prices and demand holding mostly steady, though with a slight inclination towards a downward trend, said industry expert Denis Low.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.
KUALA LUMPUR, Feb 5 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, pressured by declining regional rubber futures due to escalating US-China trade tensions, said a dealer.
KUALA LUMPUR, Feb 4 (Bernama) -- The Kuala Lumpur rubber market turned mixed on Tuesday, influenced by weaker regional rubber futures market performance and declining benchmark crude oil prices, a dealer said.
KUALA LUMPUR, Feb 4 (Bernama) -- As Thaipusam approaches, vendors across Malaysia face significant shortages and price hikes of key festival essentials, particularly coconuts and flowers, creating challenges for vendors and devotees alike.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by steady benchmark crude oil prices and the weakening of the ringgit against the US dollar, said a dealer.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 31 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Friday, taking the cue from steady benchmark crude oil prices and concerns over natural rubber supply shortages due to wet weather in major producing countries, a dealer said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 25 (Bernama) -- Rubber market prices and demand are expected to remain volatile, with a slight upward trend forecast for next week, driven by unpredictable weather in southern Thailand, according to industry expert Denis Low.
