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THERE has been much hype of late about the commodity industry needing to offer jobs to Malaysians, who are affected by the Covid-19 pandemic, and move away from its heavy reliance on foreign workers. Truly, some 80% of the workers are foreign and it is a sector shunned by Malaysians. Why?
KUALA LUMPUR: Comm Datuk Saiful Azly Kamaruddin is the new Kuala Lumpur police chief.
KUALA LUMPUR: Media practitioners play an integral role in combating crime, especially in disseminating information that could assist the police, says Comm Datuk Seri Mazlan Lazim.
KUALA LUMPUR, Sept 5 (Bernama): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on the back of weaker demand.
KUCHING: The biodiesel improvement programme and initiatives in the country as well as the opening of new markets have contributed to the increase in palm oil price currently, said Deputy Plantation Industries and Commodities Minister Willie Mongin.
THE ringgit exchange rate against the US dollar strengthened to its highest level since February this year, boosted by improving local economic data and the greenback weakness.
KUALA LUMPUR: Stronger oil and crude palm oil (CPO) prices as well as favourable Malaysian Government Securities (MGS) yield momentum continued to support the ringgit, which held on to its seven-month high against the US dollar on Wednesday, albeit ending little changed compared to the previous day.
BANGI: The Malaysian Palm Oil Board (MPOB) is optimistic that the price of crude palm oil (CPO) will continue to rise from the current RM2,800 per tonne level despite the Covid1-9 pandemic, especially with continued demand from affected importing countries, including India.
KUALA LUMPUR: Palm oil futures headed for their highest close in almost seven months on expectations of a decline in stockpiles in second-biggest producer Malaysia and increased buying by India in the coming weeks.