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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 18 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday, driven by concerns over a tight natural rubber supply due to the ongoing wintering and wet weather in major producing countries, said a dealer.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 17 (Bernama) -- The Kuala Lumpur rubber market closed lower on Monday, pressured by weaker signals from regional futures markets amid ongoing concerns over increased United States (US) trade tariffs, said a dealer.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 15 (Bernama) -- The Malaysian rubber market is expected to trade slightly higher next week due to weather uncertainties caused by climate change leading to rubber tree leaves falling, said industry expert Denis Low.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 8 (Bernama) -- The Malaysian rubber market is expected to remain muted next week, with prices and demand holding mostly steady, though with a slight inclination towards a downward trend, said industry expert Denis Low.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.
KUALA LUMPUR, Feb 5 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, pressured by declining regional rubber futures due to escalating US-China trade tensions, said a dealer.
KUALA LUMPUR, Feb 4 (Bernama) -- The Kuala Lumpur rubber market turned mixed on Tuesday, influenced by weaker regional rubber futures market performance and declining benchmark crude oil prices, a dealer said.
KUALA LUMPUR, Feb 4 (Bernama) -- As Thaipusam approaches, vendors across Malaysia face significant shortages and price hikes of key festival essentials, particularly coconuts and flowers, creating challenges for vendors and devotees alike.
