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CPO futures on cautious tone next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be on cautious trading next week as Indonesia plans to lift its export ban on palm oil from May 23, said a dealer.
Recovery theme sustains short-term interest in M-REITs
WHILE higher interest rates are a disadvantage to real estate investment trusts (REITs), investors appear to have shrugged off the implication of the recent hike in the overnight policy rate (OPR) on the sector for the time being.
New vehicle sales down 3.6% in April
PETALING JAYA: Malaysia recorded new vehicle sales of 56,213 units in April 2022, down 3.63% from 58,329 units a year ago due to shortages of chips and components.
BNPL – A debt bondage?
WITH the emergence of technology and changing customer behaviour, a new form of payment option, driven mainly by startups, is taking shape not only in Malaysia but globally.
The allure of foreign stocks
Seasoned investors say the biggest risk of buying overseas shares is the lack of knowledge
Industrial segment in bright spot
Growth in volume and value likely to sustain on rise in eCommerce
PetChem finds good fit in Sweden’s Perstorp
Buy allows diversification into specialty chemicals
CSH acquires 1.07 acres land in PJ for RM10mil
KUALA LUMPUR: CSH Alliance Bhd has acquired a plot of 1.07 acres of industrial land in Petaling Jaya for RM10mil from M Xpress Sdn Bhd.
Central Global returns to the black in 1Q
KUALA LUMPUR: Central Global Bhd (CGB) has returned to the black with a net profit of RM1.89mil in the first quarter ended March 31, against a net loss of RM1.03mil a year go.
IOI Corp posts RM411mil earnings in 3Q22
KUALA LUMPUR: IOI Corp Bhd’s net profit rose 2.5% to RM411.2mil in the third quarter ended June 30 (3Q22) from RM401.3mil a year ago due to higher contribution from the plantation segment.