KPK Aims For RM14 Bln In Wooden Furniture Exports

KUALA LUMPUR, March 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) aims to achieve RM14 billion in wooden furniture exports, accounting for 50 per cent of Malaysia’s RM28 billion timber export target by 2025. 

EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

Malaysia Committed To Explore New Ways To Boost Trade, investment With Cuba

KUALA LUMPUR, March 1 (Bernama) -- Malaysia remains committed and welcomes new suggestions on ways to fully realise the trade and investment potential between Malaysia and Cuba.

CPO Futures Likely To Stay Bearish Next Week

KUALA LUMPUR, March 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week, tracking sluggish export performance, said palm oil trader David Ng.

Malaysia Produces 386,512 Tonnes Of Natural Rubber In 2024

KUALA LUMPUR, 27 Feb (Bernama) -- Malaysia has produced  386,512 tonnes of natural rubber in 2024, comprising 367,238 tonnes of dry rubber and 19,274 tonnes of latex rubber, said Deputy Minister of Plantation and Commodities Chan Foong Hin.

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.

CPO Futures End Mostly Higher On Supply Concerns

KUALA LUMPUR, Feb 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by concerns over tight supply, said an analyst.

Ringgit Slips Against US Dollar As Trump Confirms Tariffs On Mexico, Canada

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit weakened against the US dollar at close today, after reaching a nearly three-week high, highlighting the challenges of breaking below the RM4.40 level following US President Donald Trump's announcement that tariffs on Mexico and Canada would proceed as planned.

Bursa Malaysia Derivatives Hits All-time High Of 22.75 Mln Contracts In 2024 -- Abdul Wahid

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.  

Paris Baguette Goes Big In Malaysia With New Halal Bakery Factory

KUALA LUMPUR, Feb 25 (Bernama) -- SPC Group’s newly established halal-certified food hub in Johor is set to play a pivotal role in the company’s global expansion while reinforcing Malaysia’s position as a key player in the international halal food industry.

Malaysia-Vietnam Bilateral Trade Last Year Jumps 4.4 Pct To US$18.14 Bln - Ambassador

HANOI, Feb 25 (Bernama) -- Bilateral trade between Malaysia and Vietnam last year jumped 4.4 per cent to US$18.14 billion (RM83.11 billion) from US$17.38 billion recorded in 2023, indicating improved trade activities between the two ASEAN member countries.

Malaysia Eyes Zero CPO Exports As It Increases Production Of Downstream Products -- Johari

KUALA LUMPUR, 24 Feb (Bernama) --  The Ministry of Plantation Industries and Commodities (KPK) wants Malaysia to achieve zero export of crude palm oil (CPO) in the future by increasing the production of downstream products.