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KUALA LUMPUR: Axiata Group was in the spotlight on Thursday as fund buying of the telco lifted the FBM KLCI into the positive zone amid a weaker broader market.
KUCHING: Malaysian plywood manufacturers, which have been badly hit by the sharp drop in exports to its key market Japan over the past two years, will likely see a trend reversal this year.
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Derivatives Exchange extended its rally from 2019 to breach the RM3,100 per tonne mark yesterday, following India’s decision to cut import duties on the commodity.
KUALA LUMPUR: Crude palm oil (CPO) for third month delivery rose to a high of RM3,080 per tonne on Thursday, extending its rally from 2019 after India cut import duties.
PETALING JAYA: Plantation players are bracing for the 5% tax which will be imposed on their CPO exports next month for the first time since August last year.
SIME Darby Industrial Sdn Bhd (SDISB) has to-date raised RM67,000 for two organisations championing the fight against cancer, from a fundraising campaign launched last month in conjunction with the 90th anniversary of Tractors Malaysia.
PETALING JAYA: Plantation heavyweights saw their share price jump as crude palm oil (CPO) prices continued to rally, and as investors bet on improved earnings from the companies in the coming quarters.
KUCHING: Hit by weak export prices, erosion of international market share and dwindling output, Sarawak’s leading plywood manufacturers have sought help from the state authorities to ride through the tough times.