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Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.

Nippon Kinzoku To Launch New Service In April, Fostering Customer Partnerships

KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Kinzoku Co Ltd will open a "Trial Products & Consignment Processing Support Desk" service on April 1, with the aim of creating new partnerships with customers.

IOI Corp Posts Lower 2Q Net Profit Of RM111.1 Mln, Declares 5 Sen Dividend

KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment. 

Sime Darby Posts RM305 Mln 2Q Net Profit, Declares 4 Sen Dividend

KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.

CPO Futures end Lower Amid Weaker Vegetable Oils

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday, taking the cue from weaker related vegetable oils and a lack of fresh fundamental data, an analyst said.

Palm Oil Exports Slip 12.94 Pct To 1.17 Mln Tonnes In January - MPOB

KUALA LUMPUR, Feb 10 (Bernama) -- Malaysia’s palm oil exports in January 2025 slipped 12.94 per cent to 1.17 million tonnes from 1.34 million tonnes in December 2024, according to the Malaysian Palm Oil Board (MPOB).

Command Alkon Unveils Next-generation Platform For APAC Market 

KUALA LUMPUR, Feb 5 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, has introduced its next-generation platform, Command Cloud, to the Asia Pacific (APAC) market.

Equativ Unveils Upgraded Adtech Platform For Programmatic Campaign Management

KUALA LUMPUR, Jan 23 (Bernama) -- Equativ, a global independent adtech company, has unveiled significant upgrades to its all-in-one curation platform, Equativ Buyer Connect (EBC), now renamed Maestro by Equativ.

Over 150 Industry Leaders Attend MIDA-ALP Forum On Future Of Supply Chains

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s supply chain and logistics industry received a boost today as over 150 industry leaders convened for the “Future of Supply Chains: Optimising, Planning, and Automating for Success” forum, co-organised by the Malaysian Investment Development Authority (MIDA) and Ally Logistic Property (ALP).

CGS International Maintains CPO Price At RM4,000 Per Tonne In 2025

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.

Malaysia's Palm Oil Exports Slip 9.97 Pct To 1.34 Mln Tonnes In December - MPOB

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).

MYMBN Yet To Fully Quantify Financial Impact Due To Temporary Suspension Of Bird’s Nest Exports To China

KUALA LUMPUR, Dec 31 (Bernama) -- Bird's nest processor MYMBN Bhd has yet to fully quantify the financial impact of the temporary suspension of bird’s nest exports to China.