Short-Term Interbank Rates End Steady On BNM Operations

KUALA LUMPUR, Dec 2 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

East Coast Floods, Low Stockpiles Seen Lifting CPO Futures Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upside bias next week, given the worsening floods in the East Coast.

PPB Group 3Q Net Profit Falls To RM208.12 Mln

KUALA LUMPUR, Nov 28 (Bernama) -- PPB Group Bhd’s net profit fell to RM208.12 million in the third quarter ended Sept 30, 2024 (3Q 2024), from RM372.56 million posted in the same quarter last year.

CPO Futures End Higher For Third Consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the third consecutive day, a trader said. 

PPI Continues To Fall, 2.4 Pct Lower In October 2024

KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).

KPK Aims To Replant Oil Palm On 77,000 Hectares Over Next 5 Years

KUALA LUMPUR, Nov 26 (Bernama) -- The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.

CPO Futures End Higher, Tracking Firmer Soybean Oil Futures On CBOT

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking the stronger soybean oil market on the Chicago Board of Trade (CBOT), a trader said.

Leong Hup's 3Q Net Profit Rises To RM135.02 Mln, Declares 1.45 Sen Dividend

KUALA LUMPUR, Nov 26 (Bernama) --Leong Hup International Bhd’s net profit rose to RM135.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM132.96 million in the same period last year on stronger performance in the Philippines and Vietnam.

CPO Futures End Three-day Losing Streak Amid Stronger Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng. 

MPIC Confident About Hitting Timber Industry Export Target Of RM28 Bln By 2025

KUALA LUMPUR, Nov 25 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) is confident of achieving its target of RM28 billion in export value for timber and timber products by 2025, as outlined under the National Agricommodity Policy 2030.

Malaysia's Cocoa Export Revenue Exceeds RM8 Bln As Of August 2024 - Chan

KAJANG, Nov 25 (Bernama) -- Malaysia’s cocoa industry have registered a total export revenue of RM8.87 billion as of August 2024, representing 98 per cent of the RM9 billion target for the year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Rubber Market To Edge Upward Amid Northeast Monsoon Impact - Expert

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.