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CPO Futures Seen Bearish Next Week On High Inventories

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week, weighed down by high stock levels and profit-taking activities.

Rising Cost Boost Prospects For Microbial-Based Protein As Alternative Feed

From Nurunnasihah Ahmad Rashid

ALMETYEVSK (Russia), May 16 (Bernama) -- As global agriculture and agrifood supply chains encounter rising costs and supply uncertainties, alternative protein products are emerging as a potential growth area, especially in the animal feed sector.

CPO Futures Rebound On Stronger Crude Oil, Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to close higher on Friday, supported by stronger crude oil prices, a trader said.

Malaysia Should Focus On Macroeconomic Stability While Safeguarding Critical Buffers - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict. 

CGC Participates In BNM’s SME SRF To Support SMEs

KUALA LUMPUR, May 15 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has affirmed its commitment to supporting Bank Negara Malaysia’s SME Stabilisation Relief Facility (SME SRF) during this period of heightened uncertainty. 

CPO Futures End Lower For Third Consecutive Day Amid Soybean Oil Losses

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the third consecutive day on Thursday, tracking losses in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.

Toshiba Begins Sample Shipments Of Automotive Brushless DC Motor Control Device

KUALA LUMPUR, May 14 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has started shipping engineering samples of "TB9M040FTG", a motor control device with built-in power MOSFETs for three-phase brushless DC motor drives.

Nippon Kinzoku Promotes L-Core As Eco Stainless Steel Product

KUALA LUMPUR, May 14 (Bernama) -- Nippon Kinzoku Co Ltd has announced the strengthened promotion of "L-Core", a functional stainless steel, repositioning it as an "Eco-Product" to support sustainable manufacturing.

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

Tengku Zafrul: Investment Incentives Help Build Industrial Ecosystem

KUALA LUMPUR, May 12 (Bernama) -- The investment incentives offered by the government to foreign companies should not be seen as “paying companies to come”, but rather as a strategy to develop an industrial ecosystem, build local talent, and strengthen Malaysia’s technological capabilities.

CPO Futures Close Higher On Soybean Oil Gains

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.

AM Best Assigns Excellent Credit Ratings To Tokio Marine Newa Insurance

KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.