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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week on lack of market catalysts, a dealer said.
NEW YORK: Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing starts to levels last seen in 2006, while the greenback rose to a one-week high against the euro on expectations of solid economic growth.
PLANTATION companies with high-capacity refineries will need to quickly source new export markets for their refined palm oil products, should India’s unofficial boycott on Malaysia take a turn for the worse in the coming months.
Following the rally in palm oil prices, counters related to the industry on Bursa Malaysia have risen over the past weeks.
AFTER more than two years, TH Heavy Engineering Bhd finally got back into the good books of Petroliam Nasional Bhd (Petronas).
A laggard last year, the ringgit now appears to be playing catch-up with its regional peers.
MOVING away from traditional asset classes for any investor is not an easy task as it involves understanding a particular asset class, its behavioural aspects, what determines its value and whether one can profit from it or otherwise.
BACK in the early 2000s, the thought of running his family’s prefabricated container business did not really cross James Yeoh Chor Guan’s mind. The UK-educated mechanical engineer was, after all, working with one of the world’s largest consultancy firms in Singapore. The perks were good and so was the prestige.
KUALA LUMPUR: The palm oil reference price is calculated at RM2,907.63 per tonne effective next month, it said on its website, adding that no tax would be imposed on CPO priced below RM2,250 per tonne.
KUALA LUMPUR: Blue chips closed Friday on an upbeat note, underpinned by gains in telcos especially Axiata, and Petronas Dagangan.