KUALA LUMPUR: Malaysian palm oil futures rose 1 percent by close of trade on Wednesday, reversing losses from earlier in the day to chart a fourth straight day of gains on expectations that Malaysia’s crude palm oil export duty for September could be a zero rate. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange […]
Read MoreKUALA LUMPUR: The Malaysian property market is set to gradually improve in the years ahead through to 2020, said the Malaysian Institute of Estate Agents (MIEA) here today. President Eric Lim Chin Heng said the property market might have bottomed out last year with transaction volumes hitting the lowest point since 2012 at 311,824. In […]
Read MoreKUALA LUMPUR: AirAsia Bhd has unveiled its fifth route into Vietnam yesterday, as the low-cost carrier launched its direct flight from Kuala Lumpur to Phu Quoc, Vietnam. The four weekly flights will commence on November 2. Phu Quoc marks AirAsia’s 59th unique route, apart from its existing destinations in Vietnam namely, Ho Chi Minh City, Da Nang, […]
Read MorePETALING JAYA: Pundits have cautioned that Malaysia could become an unlikely victim of a full-blown trade war between the United States and China, taking a contrasting viewpoint from Prime Minister Tun Dr Mahathir Mohamad, who believes it will benefit the local economy. Worsening Sino-US trade tensions are expected to put more pressure on Malaysia’s already […]
Read MoreSINGAPORE: Malaysia’s new government has called into question the future of multibillion-dollar rail projects since Tun Dr Mahathir Mohamad took power in May. Now it appears to be ready to proceed with at least one. The Malaysian cabinet has given in-principle approval for a rail project linking Johor Baru in the southernmost tip of the […]
Read MoreKUALA LUMPUR: Ringgit declined to its lowest level this year on Tuesday as most Asian emerging markets currencies trade weaker amid concerns over an intensifying US-China trade war and following the dollar’s advance overnight. * US$/Ringgit climbs as much as 0.2% to 4.0860, highest since Dec. 27. * Support 4.0413, 4.0267, 4.0083; resistance 4.0883, 4.0920, […]
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Thailand
