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CPO Futures End Lower On Weaker Palm Olein Prices In China

By K. Naveen Prabu

KUALA LUMPUR, July 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking weaker palm olein prices on China’s Dalian Commodity Exchange. 

Gold Futures Fall As Cautious Investors Book Profit Ahead Of US Tariff Deal Deadline

By Abdul Hamid A Rahman

KUALA LUMPUR, July 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Friday as cautious investors booked profits ahead of the US tariff deal deadline on July 9.

Sarawak Records Total Trade Of RM198.7 Bln, RM71.1 Bln Surplus In 2024

KUCHING, July 4 (Bernama) -- Sarawak recorded a total trade of RM198.7 billion and a trade surplus of RM71.1 billion in 2024, despite facing external uncertainties such as global market fluctuations and geopolitical tensions, according to the Department of Statistics Malaysia (DoSM).

SST Revision Does Not Justify Hotel Rate Hikes - MoF

By Naveen Prabu Kuppusamy

KUALA LUMPUR, July 4 (Bernama) – The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.

Rubber Market Ends Mixed Amid Supply Concerns, Trade Uncertainty

UALA LUMPUR, July 4 (Bernama) -- The Malaysian rubber market ended mixed today amid concerns over natural rubber shortages due to inclement weather in major producing countries, with gains capped by falling oil prices and global trade uncertainty, a dealer said.

Origin Investment Corp I Closes US$60 Mln In IPO On Nasdaq

KUALA LUMPUR, July 4 (Bernama) -- Origin Investment Corp I, a newly formed special purpose acquisition company, has successfully closed its initial public offering (IPO) of six million units at US$10 per unit, raising US$60 million. (US$1=RM4.21)

BESS Key To Malaysia’s Grid Stability, Says Aurora Energy Research

KUALA LUMPUR, July 4 (Bernama) -- As Peninsular Malaysia’s solar capacity surpasses 2.5 gigawatt (GW) in 2025, grid challenges from intermittent generation are becoming more pronounced, according to global consultancy and analytics firm, Aurora Energy Research.

CPO Futures Buoyed By Weaker Output Expectations, Firm Export Demand

By K. Naveen Prabu

KUALA LUMPUR, July 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, supported by expectations of weaker production and firm export demand.

Gold Futures Trade Firmer On US Growing Rate Cut Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, July 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed firmer today, supported by growing market confidence over potential interest rate cuts by the US Federal Reserve.

Scoot To Fly Twice Weekly To Kota Bharu From Oct 26

SINGAPORE, July 3 (Bernama) -- Singapore Airlines’ low-cost carrier, Scoot, will operate twice-weekly flights to Kota Bharu, Kelantan, from Oct 26 using the Embraer E190-E2 aircraft, with one-way economy class fares starting from S$78 (S$1=RM3.3154).

Targeted Expansion Of Scope Of SST To Control Cascading Effect Of Prices -- Amir Hamzah

KUALA LUMPUR, July 3 (Bernama) -- The expansion of the scope of the Sales and Service Tax (SST) can control the cascading effect on all goods because it is implemented in a targeted manner and not comprehensively which will burden the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Rubber Market Ends Lower

By K. Naveen Prabu

KUALA LUMPUR, July 3 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in the regional rubber futures markets and losses in crude oil prices, a dealer said.