By Zufazlin Baharuddin
KUALA LUMPUR, Oct 20 (Bernama) – Malaysia’s palm oil industry chalked up a mixed performance in the first eight months of the year, marked by higher prices and output plus a notable yield improvement.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit is expected to remain stable next week although it may face downward pressure due to the current bullish outlook of the US dollar.
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit closed marginally higher against the US dollar today on positive market sentiment following the unveiling of the national budget, according to an analyst.
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.
KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 18 (Bernama) -- The government is committed to implementing the Global Minimum Tax (GMT) in 2025, according to the Ministry of Finance (MOF).
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, Oct 18 (Bernama) -- LyondellBasell (LYB), a sustainability leader in the chemical industry, announced the full acquisition of APK AG, a solvent-based recycling company, in Merseburg, Germany.
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Thursday due to weakness in Chicago Board of Trade soybean oil futures, palm oil trader David Ng said.
