6m ago
By K. Naveen Prabu
KUALA LUMPUR, July 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, supported by gains in palm olein and soybean oil on China’s Dalian Commodity Exchange (DCE).
6m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.
6m ago
By K. Naveen Prabu
KUALA LUMPUR, July 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bearish bias next week, weighed down by persistent weakness in the soybean oil and crude oil markets.
6m ago
By K. Naveen Prabu
KUALA LUMPUR, July 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, supported by firm export performance.
6m ago
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.
6m ago
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.
6m ago
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.
6m ago
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).
6m ago
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.
6m ago
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.
6m ago
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.
6m ago
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.