1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board’s (MPOB) September 2024 data release, a trader said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline on Wednesday due to profit-taking ahead of the Malaysian Palm Oil Board’s (MPOB) September 2024 data due tomorrow, said a trader.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a two-day winning streak to end lower today due to the impact of lower crude oil and soybean oil prices, said palm oil trader David Ng.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) – The government has announced support for local oil palm smallholders to help them meet the new European Union Deforestation Regulation (EUDR) deadline, which has been extended to Dec 30, 2025.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) - ES Event Management Sdn Bhd (ES Event) sees Malaysian companies generating RM3 billion in sales during the Canton Fair 2024 from Oct 15 to Nov 5, in Guangzhou, China.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.
1y ago
PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The local rubber market is expected to trade at equilibrium with supply and demand dynamics off-setting each other as trading activities will be curtailed to a certain extent due to the coming Golden Week holidays in China, said industry expert Denis Low.