CPO Futures Close Higher On Stronger Export Pace, Expectation Of Weaker Output

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.

MIDF Maintains 2024 GDP Forecast At 5.0 Pct 

KUALA LUMPUR, Oct 21 (Bernama) -- MIDF Research has kept its 2024 gross domestic product (GDP) growth forecast at 5.0 per cent, bolstered by ongoing increases in domestic spending and a recovery in exports.

CPO Records Mixed Performance In First Eight Months But Price Rises 3.1 Pct To RM4,005 -- MPOB

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 20 (Bernama) – Malaysia’s palm oil industry chalked up a mixed performance in the first eight months of the year, marked by higher prices and output plus a notable yield improvement. 

CPO Futures Likely To Trade With Positive Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week amid lower output growth and stronger export pace.

Rubber Market Ends higher On Crude Recovery, Shanghai Futures Uptick 

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 18 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by a rebound in benchmark crude oil prices and an increase in Shanghai rubber futures amid concerns over limited natural rubber supply caused by adverse weather in producing countries.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

Malaysia’s IPI Rises 4.1 Pct In August, Propelled By Manufacturing Sector's Growth

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 4.1 per cent in August 2024, propelled by the moderate growth in the manufacturing sector, said the Department of Statistics (DOSM).

Malaysia's Palm Oil Exports Climb 0.93 Pct To 1.54 Mln Tonnes In September - MPOB

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Palm Oil Board (MPOB) reported that palm oil exports in September 2024 saw a marginal increase of 0.93 per cent to 1.54 million tonnes from 1.53 million tonnes in August 2024.

Govt To Assist Smallholders To Meet New EUDR Deadline - Johari

KUALA LUMPUR, Oct 8 (Bernama) – The government has announced support for local oil palm smallholders to help them meet the new European Union Deforestation Regulation (EUDR) deadline, which has been extended to Dec 30, 2025.

World Bank Upgrades Malaysia's Growth Forecast To 4.9 Pct For 2024

By Anas Abu Hassan

KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.

India To Spend US$1.2 Bln Over Seven Years To Cut Edible Oil Imports

By Shakir Husain

NEW DELHI Oct 4 (Bernama) -- India will spend 101 billion rupees (US$1.2 billion) over the next seven years to reduce its dependence on edible oil imports.

CPO Futures Likely To Trade Higher Next Week Amid Stronger Export Performance

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Stronger export performance is expected to boost the crude palm oil (CPO) futures on Bursa Malaysia Derivatives next week, said a trader.