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ASEAN Govts Need To Ensure Power Grid Interconnection Becomes A Reality - Sarawak Energy

KUALA LUMPUR, Oct 8 (Bernama) -- ASEAN governments need to ensure that the interconnection of their power grids becomes a reality as there will be no energy transition without the interconnectivity in this region, said Sarawak Energy Bhd group chief executive officer Datuk Sharbini Suhaili. 

 

Indian Refiners' Palm Oil Purchase Cancellation To Be Short-lived -- Johari

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 8 (Bernama) -- Indian refiners' decision to cancel approximately 100,000 metric tonnes of palm oil purchases in response to its government’s recent import tax hike is considered a temporary measure, said Malaysia’s Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani today.

CPO Futures Close Higher Amid Middle East Tensions, Crude Oil Rally

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.

Gold Futures Decline On Strong US Payroll Data

KUALA LUMPUR, Oct 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday as strong United States (US) payroll data led traders to anticipate a smaller interest rate cut by the US Federal Reserve.

Malaysia Will Not Be Complacent Despite Current Achievement - PM Anwar

KUALA LUMPUR, Oct 7 -- Prime Minister Datuk Seri Anwar Ibrahim has assured that the government will not be complacent or “rest on its laurels,” but will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

Middle East Tensions To Sustain Interest In Gold Futures Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- Interest in the gold futures contract on Bursa Malaysia Derivatives is likely to sustain next week amid the Middle East tensions, but the anticipation of a stronger US dollar could put downward pressure on prices.

CPO Futures Likely To Trade With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.

CPO Futures Close Higher Amid Rising Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday amid rising crude oil prices, a dealer said.

Malaysia Semiconductor Recruitment Day 2024 Connects Job Seekers With Over 25 Companies

KUALA LUMPUR, Oct 4 (Bernama) -- More than 25 prominent companies are participating in the Malaysia Semiconductor Recruitment Day 2024 which kicked off here today, with over 2,000 graduates registered for the two-day event aimed at connecting job seekers with top industry players.

Gold Futures End Higher Spurred By Safe-Haven Demand

KUALA LUMPUR, Oct 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.

Malaysia's Semiconductor Industry Must Diversify To Sustain Global Position

KUALA LUMPUR, Oct 4 (Bernama) —  Malaysia’s semiconductor industry must diversify and go beyond its heavy reliance on multinational corporations and manufacturing capabilities to secure its position in the global market, especially in the face of potential disruptions, said Economy Minister Rafizi Ramli.