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Malaysia’s August trade surplus expands to RM13.23bil, exports below forecast

KUALA LUMPUR: Malaysia’s trade surplus expanded 19.7% on a year-on-year (y-o-y) basis to RM13.23bil in August as higher exports of electrical and electronic (E&E) and rubber products cushioned the decline in overall exports. Exports fell 2.9% y-o-y to RM79.14bil, according to the Ministry of International Trade and Industry (Miti), which underperformed the median estimate of […]

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Malaysia: La Nina set to support CPO price

PETALING JAYA: The coming La Nina weather phenomenon that will bring heavier than usual rainfall may determine the pace of the current upward trend of crude palm oil (CPO) prices. Plantation experts generally expect a 75% probability of La Nina occurring from October to December in the South-East Asian oil palm-growing regions. CPO recently rallied […]

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