10m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, driven by stronger soybean oil prices on the Chicago Board of Trade and firm crude oil prices, an analyst said.
10m ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
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PASIR SALAK, Feb 6 (Bernama) -- The National Institute of Entrepreneurship (INSKEN) aims to train 25,000 entrepreneurs this year after successfully training 13,000 of them nationwide last year.
11m ago
KUALA LUMPUR, Jan 21 (Bernama) -- Pertama Digital Bhd has appointed Lim Nasrul Halim as its chief executive officer (CEO) designate, with effect from today.
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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).
11m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union.
11m ago
KUALA LUMPUR, Jan 14 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has maintained its crude palm oil (CPO) price forecast for 2025, premised on higher year-on-year (y-o-y) CPO production and demand rationing.
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KUALA LUMPUR, Jan 14 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) aims to focus on mechanisation and automation to overcome the tight labour supply for the palm oil industry.
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KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s palm oil exports are expected to increase by 2.4 per cent to 17.30 million tonnes in 2025 from 16.90 million tonnes in 2024, according to the Malaysian Palm Oil Board (MPOB).
11m ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
11m ago
KUALA LUMPUR, Jan 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.
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KUALA LUMPUR, Jan 9 (Bernama) -- The government will lease more rolling stocks for the Padang Besar, Perlis, to Johor Bahru train services to boost current rail capacity to 50 per cent by 2030, said Economy Minister Rafizi Ramli.