1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains for five consecutive days driven by lower stock levels in the country, a dealer said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as sentiment for the safe-haven metal weakened following the United States (US) Federal Reserve's (Fed) hawkish stance on its interest rates.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by persistent concerns over the natural rubber (NR) supply shortage as the wintering season approaches, amid mixed signals from regional rubber futures markets, a dealer said.
1y ago
BANGI, Feb 12 (Bernama) -- Despite facing geopolitical challenges, Malaysia can still attract more foreign investments, especially from companies in countries affected by US trade policies, according to the Malaysia Investment Development Authority (MIDA).
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable this year, ranging between RM4,000 and RM5,000 per metric tonne (MT), according to analysts.
1y ago
KUALA LUMPUR, Feb 11 (Bernama) -- The Ministry of Finance (MoF), together with the Ministry of Investment, Trade, and Industry (MITI) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today, in tandem with the decline in the regional rubber futures markets amidst rising concerns over the United States (US) trade tariff decision, said a dealer.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- The Kuala Lumpur rubber market ended the week on a positive note, supported by stable benchmark crude oil prices, a dealer said.