20h ago
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
3d ago
KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold around RM4,400 per tonne in June 2026, supported by global biofuel policies, says the Malaysian Palm Oil Council (MPOC).
7d ago
LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.
9d ago
KUALA LUMPUR, May 12 (Bernama) -- Malaysia and China share significant opportunities to deepen collaboration in value-added industries for palm oil, particularly as demand continues to grow for sustainable, performance-driven, and application-specific palm-based products.
17d ago
KUALA LUMPUR, May 5 (Bernama) -- The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC), scheduled for May 7.
22d ago
KUALA LUMPUR, April 30 (Bernama) -- Return on equity (ROE) for the plantation sector is expected to remain robust in 2026–2027, supported by firm crude palm oil (CPO) prices amid supply tightness and the ongoing West Asia conflict, said Kenanga Investment Bank Bhd (Kenanga IB).
22d ago
KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.
23d ago
KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 20 (Bernama) -- The government’s plan to raise the biodiesel mandate to B15 is expected to provide a more stable domestic palm oil demand, particularly during periods of weak global demand or heightened price volatility.
1m ago
KUALA LUMPUR, April 14 (Bernama) -- The National Economic Action Council (NEAC) meeting has set a clear direction in managing the global energy crisis, which is increasingly acute and expected to be prolonged, by emphasising the main approach to guaranteeing the supply of energy and basic goods so that the people's daily lives are not affected.
1m ago
KUALA LUMPUR, April 11 (Bernama) -- The Ministry of Plantation and Commodities has introduced an incentive amounting to RM3.5 million in an effort to support oil palm fresh fruit bunches (FFB) traders in obtaining the Malaysian Sustainable Palm Oil (MSPO) certification.
1m ago
PUTRAJAYA, April 10 (Bernama) -- It would be reasonable to reassess the budget if the government continues to see a drastic increase in BUDI MADANI RON95 (BUD95) subsidy spending, according to an economist.