Ringgit opens higher against US dollar on firmer oil prices
Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Malaysia's economic growth to be affected if Palestine-Israel conflict escalates
If the scale of conflict widens, it would have significant impact, especially in rising of oil prices and trade supply chain disruption.
Tue Nov 28 2023
Top palm oil buyer India's May imports set to fall to 27-month low
The surprising drop in palm oil imports by India, the world's biggest importer of vegetable oils, could bring down palm oil prices.
Tue May 23 2023
India's March palm oil imports jump on discounts - Dealers
The rise in palm oil imports by India, could help Malaysia lower its stocks and support palm oil prices, the traders said.
Wed Apr 05 2023
Two-tier pricing system, coupons for packet cooking oil to be discussed next week - Minister
The proposals to set cooking oil prices and the use of subsidised purchase coupons for packet cooking oil will be discussed at the NACCOL meeting next week.
Tue Dec 06 2022
Current cooking oil prices to remain unchanged until Jan 7
The retail prices of cooking oil for the period Dec 8, 2022 to Jan 7, 2023 will remain unchanged, said KPDNHEP secretary-general Datuk Azman Mohd Yusof.
Thu Dec 01 2022
Ringgit appreciates vs US dollar in early trade
Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
Palm oil prices seen ticking up as rains slash output and demand strengthens
Higher exports and lower production would help major palm oil producers Indonesia and Malaysia bring down inventories.
Tue Oct 25 2022
ANALYSIS: Asian farmers plant to boost palm oil output, seedling shortage slows pace
The seedlings shortfall could slow plantation, capping production growth and keeping palm oil prices elevated, industry officials said.
Mon Sep 19 2022
Special Task Force aims 10 per cent drop in price of cooking oil
The Special Task Force on Jihad Against Inflation is targeting a 10 per cent decrease in the price of cooking oil within the next two weeks following the drop in palm oil prices.
Mon Jul 18 2022
Engagement sessions will continue to find a win-win solution for palm cooking oil industry
KPPK will continue to hold engagement sessions to find a win-win solution for all parties in the palm oil sector following the announcement of the reduction in palm cooking oil prices in stages.
Fri Jul 15 2022
Industry agrees to reduce cooking oil prices in stages - Annuar
Annuar said the industry had agreed with the special task force's recommendation on the price reduction, expected to be implemented soon.
Thu Jul 14 2022
India's July palm oil imports may surge to 10-month high as prices plunge
Higher purchases by India may add support for Malaysian palm oil prices, which are trading near a one-year low.
Wed Jul 06 2022
Construction labour shortage due to rising palm oil price - Fadillah
The increase in palm oil prices in the plantation sector has attracted workers from other sectors, said Senior Works Minister Datuk Seri Fadillah Yusof.
Fri Jun 10 2022
Govt has enough money to continue fuel subsidy, says Tengku Zafrul
The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.
Fri Jun 10 2022
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024