Malaysia’s CPO Output Rises 2.9 pct To 1.89 Mln Tonnes In August — MPOB
KUALA LUMPUR, Malaysia’s crude palm oil (CPO) production increased by 2.9 per cent to 1.89 million tonnes in August 2024 from 1.84 million tonnes in July 2024, according to the Malaysian Palm Oil Board (MPOB).
Palm kernel output also rose by 6.7 per…
Malaysia, China Have Laid Solid Foundation To Enhance Collaboration, Drive Both Economies Forward – PM Anwar
KUALA LUMPUR, Malaysia and China have laid a solid foundation for the enhanced collaboration in new key and innovative sectors that will drive the nations’ economies forward, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who is also the Finan…
Malaysia On Course To Become ‘Asian Tiger’, Attract Foreign Investment – Nga
KUALA LUMPUR, Malaysia is on course to become the ‘Asian Tiger’ with five unique advantages to attract foreign investment, said Housing and Local Government Minister Nga Kor Ming.
Nga said Malaysia’s political stability is crucial for drawing invest…
China’s GEESATCOM Achieves Nearly Half Deployment With 3rd Orbital Launch
KUALA LUMPUR, Commercial aerospace company Geespace announced GEESATCOM, has achieved a major milestone in its satellite network project with the successful launch of its third orbital plane from the Taiyuan Satellite Launch Center on Sept 6.
Accord…
Malaysia’s GDP To Grow Above 5.0 pct In 2024 – Analysts
KUALA LUMPUR, Two investment banks have kept their projections for Malaysia’s economic growth above 5.0 per cent for 2024, attributing this to a supportive domestic economic environment and a recovery in external demand.
Hong Leong Investment Bank (…
AM Best Assigns Excellent Ratings To Thailand’s Allianz Ayudhya General Insurance
KUALA LUMPUR, Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of ‘a-‘ (Excellent) to Thai-based Allianz Ayudhya General Insurance Public Company Limited (AAGI).
In …
CPO Futures Close Lower Amid Rising Domestic Stock Levels
KUALA LUMPUR, Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday amid rising stock levels in the country, said palm oil trader David Ng.
He also said that the market sentiment was also affected by the weaker exports.
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