5d ago
KUALA LUMPUR, Oct 23 (Bernama) -- TDM Bhd has proposed the issuance of a sukuk wakalah programme with a total programme limit of RM1.5 billion to enhance operational efficiency, support future investments, and meet its financial commitments in compliance with Shariah principles.
5d ago
KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia was marginally higher at midday, supported by mild buying in selected heavyweights, in tandem with regional peers, said an analyst.
6d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday due to expectation of weaker production in the coming weeks, a trader said.
6d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The export of palm-based oleochemicals from Malaysia to China has increased 1.4 times to 604,208 tonnes in 2023, worth over RM2.82 billion from 434,333 tonnes in 2014, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
6d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government is urged to assist small and medium enterprises (SMEs) by raising the taxable income threshold for the 15 per cent tax rate from RM150,000 to RM300,000, following the introduction of the new RM1,700 minimum wage.
6d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has approved 3,599 hectares (ha) of land for oil palm replanting under the Oil Palm Smallholders Replanting Financing Incentive Programme (TSPKS 2.0) as of October 2024.
7d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.
8d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.
8d ago
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.
9d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week amid lower output growth and stronger export pace.
9d ago
KUALA LUMPUR, Oct 18 (Bernama) – The government is proposing to raise the windfall profit levy (WPL) threshold for oil palm fresh fruit bunches (FFB) to RM3,150 for Peninsular Malaysia and RM3,650 for Sabah and Sarawak.