CPO Prices To Remain Above RM4,500 Per Tonne On Biodiesel Expansion - MPOC

KUALA LUMPUR, April 24 (Bernama) - The Malaysian Palm Oil Council (MPOC) anticipates crude palm oil (CPO) prices to remain supported at RM4,500 per tonne in the near term, backed by stronger biodiesel economics, elevated crude oil prices, and a possible onset of El Niño.

Malaysia Urged To Keep Strait Of Malacca Free From Geopolitical Tensions

KUALA LUMPUR, April 21 (Bernama) -- Malaysia needs to play a more proactive role in ensuring that the Strait of Malacca remains free from geopolitical confrontation, given its importance as one of the world's most critical global trade and energy routes.

Bursa Malaysia Ends Higher On Optimism Over Possible Second Round of US-Iran Talks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia closed higher today with market sentiment improving following reports that Iran may attend a second round of negotiations with the United States in Pakistan.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia remained higher in mid-afternoon, supported mainly by renewed buying interest in banking and utilities heavyweights.

Bursa Malaysia Ends Morning Session Higher On Sustained Buying

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning trading session higher, supported by continued buying interest in heavyweights, and in line with upbeat regional markets.

MTT Shipping Opens Slightly Higher At RM1.08 In Main Market Debut

KUALA LUMPUR, April 21 (Bernama) -- MTT Shipping and Logistics Bhd opened at RM1.08 in its Main Market debut on Bursa Malaysia today, five sen above its initial public offering (IPO) price of RM1.03.

Bursa Malaysia Opens Higher On Buying Of Selected Heavyweights

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, underpinned by buying interest in selected heavyweights despite Wall Street’s weaker overnight performance.

Consortium Advances Asia CCUS Network With Five Potential Carbon Storage Hubs

KUALA LUMPUR, April 20 (Bernama) -- A major Asia-Pacific industry consortium is advancing efforts to scale carbon capture infrastructure, identifying five potential cross-border storage hubs as part of a regional Carbon Capture, Utilisation and Storage (CCUS) development study.

Malaysia Consumes 700,000 Barrels Of Oil Per Day, Double The Daily Production -- MOF

KUALA LUMPUR, April 18 (Bernama) -- Malaysia still needs to import crude oil despite having its own oil production because domestic consumption is much higher, at about 700,000 barrels per day, compared to the 350,000 barrels produced per day, according to the Finance Ministry (MoF).

Strait Of Hormuz Reopening Good News But Too Early To Celebrate - Economist

KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.

Quiet Rubber Market Seen With Sideways To Lower Bias Next Week

KUALA LUMPUR, April 18 (Bernama) -- The rubber market is expected to be quiet with a tendency to move sideways and lower next week, said industry expert Denis Low.

Toshiba Begins Sampling SmartMCD Motor Control Device For Automotive Applications

KUALA LUMPUR, April 16 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has started shipping engineering samples of its latest SmartMCD motor control device, the “TB9M030FG”, designed for automotive applications.