Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

CPO Futures Extends Uptrend For Third Day On Weak Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.

CPO Futures End Mostly Higher On Weak Output Expectations

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Monday due to expectations of weaker output, said palm oil dealer David Ng.

PETRA To Drive Energy Agenda During ASEAN Chairmanship, Bridging Boundaries And Building Prosperity

KUALA LUMPUR, Jan 24 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has unveiled the theme for the 2025 ASEAN energy sector meetings “‘Powering ASEAN: Bridging Boundaries, Building Prosperity”.

CPO Futures End Higher On Weak Output Expectations

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, driven by expectations of weak output in the coming weeks, in line with the seasonal trend, said palm oil dealer David Ng.

Cahya Mata Sarawak's Unit Expects To Double Clinker Production With New Facility

KUCHING, Jan 23 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd, expects to double its clinker production capacity with the development of a new facility, Clinker Line 2, in Mambong here.

Agrobank Partners JHEV ATM On Agro Defence Contract Farming Financing Programme

KUALA LUMPUR, Jan 21 (Bernama) -- Agrobank has inked a memorandum of collaboration with the Malaysian Armed Forces Veterans Affairs Department (JHEV ATM) for the Agro Defence Contract Farming Financing Programme, specifically for Malaysian Armed Forces (ATM) veterans.

KL Rubber Market Closes Mixed Amid Weaker Regional Futures Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker showing in the regional rubber futures markets, said a dealer.

MPOC Forecasts Seasonal Drop In Palm Oil Exports For January, February 2025

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

CPO Futures End Mostly Higher

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.

Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan

KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)