KUALA LUMPUR, July 11 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its “Neutral” call for the palm oil sector with an average crude palm oil (CPO) target price of RM4,100 per tonne for 2025.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.
By K. Naveen Prabu
KUALA LUMPUR, July 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, as concerns over rising stocks weighed on sentiment following the release of the Malaysian Palm Oil Board’s (MPOB) latest data.
KUALA LUMPUR, July 10 (Bernama) -- Malaysia’s palm oil exports eased by 10.52 per cent month-on-month (m-o-m) to 1.26 million tonnes in June from 1.41 million tonnes in May, according to the Malaysian Palm Oil Board (MPOB).
By K. Naveen Prabu
KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, buoyed by expectations of stronger exports in the weeks ahead.
By K. Naveen Prabu
KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, supported by expectations of stronger exports in the coming weeks.
By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah
KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.
PETALING JAYA, July 8 (Bernama) -- The United States’ (US) move to impose a higher tariff of 25 per cent on Malaysia means that American importers of Malaysian palm oil products will have to bear the extra cost, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
PETALING JAYA, July 8 (Bernama) -- Malaysian palm oil products are experiencing rising demand for industrial applications, particularly in food processing from the Sub-Saharan African region, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.
By K. Naveen Prabu
KUALA LUMPUR, July 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a sideways range next week as market participants await key industry data for clearer direction.
From Arul Rajoo Durar Raj
PARIS, July 4 (Bernama) -- As the proposed carbon tax is being finalised, the government today gave an assurance that its implementation will not create a problem for investors.
