Malaysia: Palm oil stockpile in Malaysia seen rising in July Friday, 5 August 2016 – Palm oil inventories in Malaysia likely rose for a second month in July, in the first back-to-back gain since November, as production continued to recover from stresses caused by El Nino weather. Inventoriesrose 2.2 percent to 1.82 million metric tons […]
Read MoreMalaysia: June exports up 3.4% on-year, surprises survey Friday, 5 August 2016 – Malaysia’s exports delivered a strong set of numbers, up RM2.2bil or 3.4% to RM66.45bil ? surprising economists’ expectations of a 3.7% decline ? underpinned by a strong growth in electrical and electronics. The Statistics Department said on Friday that E&E products increased […]
Read MoreMalaysia: Retail buying supporting broad market, DRB-Hicom in focus Thursday, 4 August 2016 – Blue chips managed to recoup part of their losses early Thursday while the broader market was firmer with retail buying interest seen in lower liners including DRB-Hicom as sentiment was boosted by a rebound in crude oil prices. At 9.43am, the […]
Read MoreMalaysia: Shell to open over 20 new petrol stations this year Wednesday, 3 August 2016 – Shell Malaysia plans to open over 20 new petrol stations this year to maintain its leadership in the fuel retail segment. Managing director of Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd, Datuk Azman Ismail, said to-date, […]
Read MoreMalaysia: Malaysia ranks 28th globally in consumer confidence Tuesday, 2 August 2016 – Malaysian consumer confidence gained momentum in the second quarter (Q2), climbing eight spots to make the country the 28th most confident globally, according to a Nielsen poll spanning 63 countries. The latest Nielsen Global Survey of Consumer Confidence and Spending Intentions found […]
Read MoreMalaysia: Slippery slope for oil Tuesday, 2 August 2016 – The continued oil supply glut in the market could mean a sustained low oil price environment, especially in the short to medium term. The oil supply glut does not seem to be abating, with oil majors preferring to pump and store oil at the moment […]
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