Palm Oil Stockpile Expected To Rebound, Analysts Maintain ‘Neutral’ Stance

KUALA LUMPUR, Research houses anticipate an increase in palm oil stockpiles in the coming months, potentially reaching the two million-tonne mark, following a recent decline.

In July 2024, palm oil stockpiles fell for the first time since March, dro…

Sik Cheong Makes ACE Market Debut With 85 Pct Premium

KUALA LUMPUR, Refined, bleached and deodorised (RBD) palm olein product supplier Sik Cheong Bhd made its debut on the ACE Market of Bursa Malaysia at 50 sen, representing an 85.2 per cent premium over its initial public offering price of 27 sen.

At …

TNB’s Capital Investments Vital For Green Economy And EV Industry

KUALA LUMPUR, Tenaga Nasional Bhd’s ability to undertake large capital investments is pivotal not only for ensuring the continued security of power supply in Malaysia but also for supporting the transition to a high-value green economy and accelerati…

EPF’s 1H 2024 Total Distributable Income Up 29 Pct To RM36.70 Bln

KUALA LUMPUR, The Employees Provident Fund’s (EPF) total distributable income for the six months ended June 30, 2024 (1H 2024) increased by 29 per cent to RM36.70 billion from RM28.40 billion in the previous corresponding period.

In a statement toda…

Agrobank Gets RM6.23 Mln Allocation To Assist Sarawak Agri-food Entrepreneurs

KUCHING, The Ministry of Agriculture and Food Security (MAFS) has entrusted Bank Pertanian Malaysia Bhd (Agrobank) with managing RM6.23 million in funds through various programmes to assist agri-food entrepreneurs in Sarawak.

In a statement today, A…

MR D.I.Y. 2Q Net Profit Rises To RM155.21 Mln

KUALA LUMPUR, MR D.I.Y. Group (M) Bhd’s net profit rose to RM155.21 million in the second quarter ended June 30, 2024 (2Q 2024) from RM150.32 million in the same period last year, in line with higher revenue and gross profit, but partially offset by …

MOSTI Focuses On Governance, Investment To Strengthen Innovation

KUALA LUMPUR, Good governance, progressive policies, robust funding and investment, technological readiness and skilled human capital are essential to strengthening the national commercialisation ecosystem for competitive success on the international…