1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 30 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday as stronger ringgit seemed to curb further demand for palm oil, said a dealer.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia is expected to stage a rebound next week, driven by spillover effects from the robust rallies in both China and the United States (US) markets.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week, as traders are searching for market factors due to the coming Golden Week holidays in China, a dealer said.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 27 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday, reversing some of the earlier gains, as traders booked profits amid the recent rally in price, a dealer said.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 27 (Bernama) -- The Malaysian Gas Association (MGA) has called on the energy sector to embrace the power of diversity and inclusion (D&I) in the workforce.
1y ago
From Norsyafawati Ab Wahab
VIENTIANE (LAOS), Sept 27 (Bernama) -- Japan, South Korea and China have agreed to channel technical expertise to ASEAN to empower the development of the renewable energy (RE) and clean energy sector.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Mitsubishi Corporation have signed new agreements to further leverage Petronas’ capabilities in delivering liquefied natural gas (LNG) to international markets, primarily targeting customers in Japan.
1y ago
By Karina Imran
KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 26 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher for the seventh consecutive day on Thursday, driven by stronger export performance and declining CPO production, a trader said.