CPO Prices To Hover Around RM4,000 Per Tonne By Year-end – MPOB

ROTTERDAM, Crude palm oil (CPO) prices are anticipated to hover around RM4,000 per tonne by year-end, according to the Malaysian Palm Oil Board (MPOB).

MPOB director-general Datuk Ahmad Parveez Ghulam Kadir stated that CPO prices ranged between RM3,…

Terengganu Inc, TNB Genco Launch 2,000MW Floating Solar Farm At Lake Kenyir

KUALA TERENGGANU, Terengganu Incorporated (Terengganu Inc), in collaboration with TNB Power Generation Sdn Bhd (TNB Genco), has launched a floating solar farm at Lake Kenyir, expected to generate up to 2,000 megawatts (MW) of electricity.

Terengganu…

Pahang, Perak Ready For Chinese Halal Industry Investments, Which Will Spur State Economies

SHANGHAI, The Pahang and Perak state governments are ready for large investments from China in the halal industry by preparing and developing the infrastructure in the respective states’ halal hubs.

This includes providing sites to build factories a…

Alpha IVF Expands To Shanghai, Taps China’s Growing Fertility Market

KUALA LUMPUR, Alpha IVF Group Bhd’s subsidiary, Alpha International (Shanghai) Medical Consulting Ltd, has launched a new operation in Shanghai, China, to capitalise on the country’s rapidly growing in-vitro fertilisation (IVF) market and expand the …

SESB Begins Developing Largest Bess In Southeast Asia

KOTA KINABALU, Sabah Electricity Sdn Bhd (SESB) will develop a 100 megawatt (MW) Battery Energy Storage System (BESS) with a maximum energy storage capacity of 400 megawatt-hour (MWh) in Lahad Datu, which is set to become the largest BESS in Southeas…

Labuan FSA Strengthens Money Broking Framework To Safeguard Investors

LABUAN, The Labuan Financial Services Authority (Labuan FSA) has introduced revised guidelines for the money broking business in the Labuan International Business and Financial Centre (Labuan IBFC), aiming to enhance the regulatory framework and prot…

China Remains Central To Asian Trade, Says SandP Global Ratings

KUALA LUMPUR, China remains central to Asian trade, with gains in some countries at the margins on a regional scale, said SandP Global Ratings.

Its global chief economist, Paul Gruenwald, said China’s share of global markets is broadly unchanged sin…