16d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to maintain a bullish bias next week, supported by firm fundamentals and expectations of tighter supply.
16d ago
KUALA LUMPUR, Aug 28 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit for the financial year ended June 30, 2026 (FY2026) rose to RM1.68 billion from RM1.52 billion a year earlier, mainly supported by higher profit from its resource-based manufacturing and plantation segments.
16d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Friday, supported by expectations of weaker output in the medium term amid concerns over the El Nino weather pattern.
16d ago
KUALA LUMPUR, Aug 28 (Bernama) -- For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a challenging macro environment.
17d ago
KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).
17d ago
IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.
17d ago
KUALA LUMPUR, Aug 28 (Bernama) -- Yinson Holdings Bhd’s share price fell 2.25 per cent at midday today, following a report that its founder, the Lim family, as well as the Employees Provident Fund (EPF) and MISC Bhd are teaming up for a potential takeover of the oil and gas company.
17d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday as weaker soybean oil futures trading at the Chicago Mercantile Exchange (CME) weigh down market sentiment.
17d ago
KUALA LUMPUR, Aug 27 (Bernama) -- Petron Malaysia Refining & Marketing Bhd (Petron Malaysia) recorded a net loss of RM34.48 million in the second quarter ended June 30, 2026 (2Q 2026) compared to a net profit of RM40.51 million in the same quarter a year ago.
17d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended mixed on Thursday, as investors took profit ahead of the long weekend.
18d ago
By Ng Che Yan
KUALA LUMPUR, Aug 27 (Bernama) -- Chinese smart charging solutions for new electric vehicles (EVs) are gaining a foothold in Malaysia as the country’s EV market is expected to accelerate over the next three to five years.
18d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 27 (Bernama) -- The rubber market extended gains, closing higher on Thursday, supported by supply concerns stemming from continued rainfall in major producing regions, said a dealer.