3d ago
KUALA LUMPUR, June 11 (Bernama) -- Crude palm oil (CPO) prices are expected to trade higher in the second half of 2026 (2H 2026), supported by the likelihood of a strong El Niño and elevated soybean and rapeseed oil prices amid rising biofuel demand, CGS International Securities Malaysia Sdn Bhd said.
3d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 10 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly higher today on stronger export estimates and lower production after data from the Malaysian Palm Oil Board (MPOB) showed a month-on-month decline in output, a trader said.
3d ago
From Mohd Iswandi Kasan Anuar
TOKYO, June 10 (Bernama) -- Malaysia and Japan today agreed to deepen cooperation on energy security and civil nuclear power, as both countries seek to strengthen resilience against global supply disruptions and growing geopolitical uncertainty.
3d ago
KUALA LUMPUR, June 10 (Bernama) -- Malaysia’s palm oil stock rose 5.15 per cent or 118,891 tonnes, to 2.42 million tonnes in May 2026 from 2.30 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
4d ago
TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.
4d ago
KUALA LUMPUR, June 10 (Bernama) -- Pengerang Energy Complex Sdn Bhd (PEC) has awarded the engineering, procurement, construction and commissioning (EPCC) contract for its Pengerang Energy Complex project in Johor, Malaysia, to China National Chemical Engineering Company Limited (CNCEC).
4d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Tuesday, weighed down by weakness in the Chicago Board of Trade (CBOT) soybean oil futures, a trader said.
4d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 9 (Bernama) -- The ringgit closed higher against the US dollar and was mostly stronger against regional currencies on Tuesday, supported by improved market sentiment amid easing geopolitical tensions in West Asia.
4d ago
From Mohd Iswandi Kasan Anuar
TOKYO, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Japanese companies to continue expanding their investments in Malaysia, particularly in high-technology sectors such as semiconductors, artificial intelligence (AI), quantum computing and digital industries.
4d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 9 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, improved market sentiment following easing geopolitical tensions in West Asia, but was weighed down by expectations of improving natural rubber supply conditions and lower benchmark crude oil prices, a dealer said.
4d ago
KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
5d ago
KUALA LUMPUR, June 9 (Bernama) -- Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) for 2026, as previously agreed, Economy Minister Datuk Seri Akmal Nasrullah Ahmad Nasir said.