Export Duty Rates For CPO Revised To Ensure Domestic Supply - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- The export duty rates for crude palm oil (CPO) have been revised to ensure an adequate domestic supply of the commodity.

RM65 Mln Allocation To Help Smallholders Obtain MSPO Certification - Johari

KUALA LUMPUR, Oct 18 (Bernama) -- The RM65 million allocation through Budget 2025 is expected to provide a boost for more smallholders to obtain the Malaysian Sustainable Palm Oil (MSPO) Certification, said Commodities and Plantations Minister, Datuk Seri Johari Abdul Ghani.

Rubber Market Ends higher On Crude Recovery, Shanghai Futures Uptick 

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 18 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by a rebound in benchmark crude oil prices and an increase in Shanghai rubber futures amid concerns over limited natural rubber supply caused by adverse weather in producing countries.

Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).

Anwar Unveils Substantial Budget 2025, Catalyzing Economy, Hastening Reforms

KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

Rubber Market Ends Slightly Higher On Stronger Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 17 (Bernama) -- The Kuala Lumpur rubber market ended slightly higher on Thursday, supported by gains in the benchmark crude oil prices and weaker ringgit against the United States (US) dollar, a dealer said.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Bursa Malaysia Opens Mixed But Turns Lower Thereafter

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened mixed today but turned lower thereafter, tracking Wall Street's overnight performance which closed lower after its recent rally, said an analyst. 

CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.

Timing Right For Malaysia To Introduce Used Cooking Oil Futures

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 15 (Bernama) -- It is the perfect time to introduce used cooking oil (UCO) futures in light of the growing emphasis on sustainability in the palm oil industry, according to an industry expert.

CPO Futures Closes Mostly Lower On Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower today due to profit-taking, said a dealer.