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Malaysian palm oil price up tracking soy, helped by weak ringgit

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, shadowing higher U.S. soyoil prices on the Chicago Board of Trade (CBOT), while a softer ringgit also supported. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 0.8% at 2,035 ringgit ($487.19) per tonne at the day’s close. Palm oil fell last week on […]

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Brunei: CPI falls by 0.1pc year-on-year in April 2019

THE Consumer Price Index (CPI) in April 2019 decreased by 0.1 per cent year-on-year compared to April 2018 in Brunei Darussalam, according to a press release from the Department of Economic Planning and Development (JPKE). Prices of Food and Non-Alcoholic Beverages decreased by 0.6 per cent while Non-Food prices increased by 0.005 per cent. The […]

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Malaysia committed to woo investment in high-end manufacturing

CYBERJAYA (Bernama) – Malaysia remains committed to high-end manufacturing and industrialisation by identifying strategic partners that will help make this country a preferred destination for the high-tech industry players. Communication and Multimedia Minister Gobind Singh Deo said to do so, Malaysia must step up its efforts to attract research and development (R&D)-intensive foreign direct investments […]

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