CPO Futures End Mostly Higher
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.
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Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
CPO Futures Extend Downtrend On Weaker Demand
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union.
CGS International Maintains CPO Price At RM4,000 Per Tonne In 2025
KUALA LUMPUR, Jan 14 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has maintained its crude palm oil (CPO) price forecast for 2025, premised on higher year-on-year (y-o-y) CPO production and demand rationing.
Technology, Robotics, Digitalisation And R&D Panacea For Malaysia To Achieve Food Security -- Expert
KUALA LUMPUR, Jan 14 (Bernama) -- Precision technology, robotics, and digitalisation coupled with research and development (R&D) are vital ingredients for Malaysia to achieve food self-sufficiency, especially in rice production, as it continues to grapple with rising costs and production inefficiencies.
Malaysia’s ASEAN Chairmanship Strengthens Palm Oil Trade And Regional Cooperation -- MPOB
PUTRAJAYA, Jan 14 (Bernama) -- The palm oil trade is a cornerstone of ASEAN’s economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN’s Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.
CPO Futures Extend Gains Driven By Stronger Vegetable Oil Market In China
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.
CPO Prices To Remain Elevated In 1H 2025 - Analysts
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
Malaysia's 2025 GDP Steady At 5 Pct - CIMB Securities
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.
Malaysia’s IPI To Grow 3.0–4.0 Pct in 2025 – MIDF Amanah
KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.
Malaysia's Palm Oil Exports Slip 9.97 Pct To 1.34 Mln Tonnes In December - MPOB
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).
Malaysia's IPI Up 3.6 Pct In Nov 2024 – DOSM
KUALA LUMPUR, Jan 10 (Bernama) -- The Industrial Production Index (IPI) increased by 3.6 per cent year-on-year in November 2024, driven by sustained output growth in the manufacturing sector, according to the Department of Statistics (DOSM).