CPO Futures Likely To Trade With Bullish Bias Next Week

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

Palm oil trader David Ng said this outlook is primarily driven by a slower pace of production as we…

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment — BNM Governor

Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

“(In doing so)…

Gold Futures Likely To Trade Higher Next Week, Seen Hitting US$2,800 Ahead Of US Election

The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as investors brace for heightened volatility ahead of the US presidential election.

SPI Asset Management managing director Stephen Innes said investors are …

MMEA Detains Seven Fishermen After They Test Positive For Drugs

‘They were detained after testing positive for Methamphetamine following screenings conducted on 23 fishermen. The raid covered the jetty area and fishing boats docked there,’ he said in a statement today.

He noted that 37 personnel from the Terengga…

Trader Falls Victim To Phone Scam, Losing RM446,800

KUANTAN, A trader in Jerantut lost RM446,800 after falling victim to fraud syndicate members impersonating officers from the Malaysian Communications and Multimedia Commission (MCMC) and the police.

Pahang police chief Datuk Seri Yahaya Othman said t…

Ethiopian PM Departs Home After Two-day Official Visit To Malaysia

SEPANG, Ethiopian Prime Minister Dr Abiy Ahmed Ali departed for home after concluding a two-day official visit to Malaysia today.

Abiy was given a red carpet ceremonial send-off and a guard-of-honour by the First Battalion of the Royal Ranger Regimen…

Mental Health Leave, Similar To Sick Leave, Should Be Included In Employment Act Revisions – Human Resource Expert

A human resource expert suggests that mandatory mental health leave, or stress leave, be incorporated into upcoming revisions of Malaysia’s Employment Act 1955, similar to the provisions for sick leave.

Dinesh Sekhar, managing director of human resou…