BNM Cuts OPR By 25 Bps To 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent today. 

US Tariff On Malaysian Goods Will Hit American Palm Oil Importers -- Johari

PETALING JAYA, July 8 (Bernama) -- The United States’ (US) move to impose a higher tariff of 25 per cent on Malaysia means that American importers of Malaysian palm oil products will have to bear the extra cost, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

CPO Futures End Lower On Weaker Palm Olein Prices In China

By K. Naveen Prabu

KUALA LUMPUR, July 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking weaker palm olein prices on China’s Dalian Commodity Exchange. 

Sarawak Records Total Trade Of RM198.7 Bln, RM71.1 Bln Surplus In 2024

KUCHING, July 4 (Bernama) -- Sarawak recorded a total trade of RM198.7 billion and a trade surplus of RM71.1 billion in 2024, despite facing external uncertainties such as global market fluctuations and geopolitical tensions, according to the Department of Statistics Malaysia (DoSM).

KPK To Hold Engagement Session With Palm Oil Industry Players On SST Implementation

KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.

PM Anwar To Meet Captains Of Industry From 36 Italian Companies, Including MNCs In Rome 

KUALA LUMPUR, June 30 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim is set to meet captains of industry from 36 Italian firms, including multinational companies such as Leonardo SpA, STMicroelectronics and Ferrero during his maiden working visit to Rome, Italy on July 1.

Stronger Ringgit, Fed Shift Could Draw Capital To Malaysia

By Siti Noor Afera Abu

KUALA LUMPUR, June 29 (Bernama) -- Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.

Anwar, Prabowo Agree To Boost Strategic Cooperation, To Jointly Develop Ambalat Area 

From Mohd Iswandi Kasan Anuar

JAKARTA, June 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Indonesian President Prabowo Subianto have expressed the strong commitment of both countries to accelerate strategic cooperation in various fields including joint development in the maritime border area of ​​Malaysia and Indonesia in Ambalat in a peaceful and mutually beneficial manner.

CPO Futures Ends Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended the short week higher following lower-than-expected palm oil production pace and robust June export performance, said a commodity analyst.

Malaysia Has Buffers To Weather Capital Outflows -- Abdul Wahid

By Karina Imran

KUALA LUMPUR, June 25 (Bernama) -- Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) University Professor of Practice Tan Sri Abdul Wahid Omar. 

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

CPO Futures End Higher On Geopolitical Tensions

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.