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
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024