CPO futures end higher on continued expectation crude palm oil production will fall

KUALA LUMPUR, March 3 (Bernama) — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the continued expectation that production of the commodity in both Malaysia and Indonesia will drop.Mumbai-based Sunvin Gr…

Unsubsidised fuel stations at borders give country revenue – Salahuddin

KOTA BHARU, March 2 (Bernama) — The establishment of fuel stations with no subsidy at the country’s borders will create business opportunities for the people and generate revenue for the country, said Minister of Domestic Trade and Cost of Living Datu…

CPO futures at highest level in four months

KUALA LUMPUR, March 2 (Bernama) — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is at the highest level in four months, said Fastmarkets senior analyst Dr Sathia Varqa.He told Bernama that this is due to the current bad weath…

FBM KLCI futures finish mixed

KUALA LUMPUR, March 2 (Bernama) — The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives settled mixed today.At the close, March 2023 increased half a point to 1,427.0, the newly-introduced contract month April 2023 sto…

Ringgit ends little changed versus US dollar

KUALA LUMPUR, March 2 (Bernama) — The ringgit settled little changed against the US dollar today due to a lack of interest in the local unit.At 6 pm, the local note stood at 4.4730/4780 versus the greenback compared to Wednesday’s closing rate of 4.47…

FBM KLCI snaps 6-day losing streak on bargain hunting

KUALA LUMPUR, March 2 (Bernama) — Bursa Malaysia’s main index ended in positive territory today after being in the red for six consecutive days, thanks to a boost from bargain-hunting activities.At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLC…

Confidentiality of taxpayer data on MyTax safe, secure – IRB

PUTRAJAYA, March 1 (Bernama) — The Inland Revenue Board (IRB) has emphasised that the confidentiality of taxpayers’ data is safe and secure as it is protected by recognised data security technology.The IRB said in a statement that it took a serious vi…