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Latest Articles in malaysia
Malaysia's May Factory Output Plummets 22.1%, But Less Than Forecast
Electricity output fell 10.3% on year, while the mining sector index was down 22.2%, data from the department showed.
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Malaysia Worries New EU Food Rules Could Hurt Palm Oil Exports
Food use makes up 65% of global consumption of palm oil that is found in everything from bread to chocolate spread and instant noodles.
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Malaysian Palm Oil Producers Step Up Perks To Retain Foreign Workers Amid Pandemic
The plantation owner in the Malay peninsula immediately countered with a bonus of 500 ringgit ($100) - around a quarter of Babul's monthly salary - to entice him to extend his contract by at least a year.
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Asia's Oil Demand Recovery Remains Fragile: Petronas CEO
The increase in online interaction as a result of the crisis could change the future leadership attributes required by the company's staff, 55% of whom are now under 35.
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Industry Body Expects Third-Quarter Rise In Malaysian Palm Oil Exports To Biggest Buyers
The Indian Vegetable Oil Producers Association (IVPA) forecast Malaysia's production in 2020 to fall 3% to 19.2 million tonnes.
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Malaysia's Sarawak State To Pursue Sales Tax Lawsuit Against Oil Firm Petronas
Petronas is sole manager of Malaysia's energy reserves and a significant revenue source for its only shareholder, the federal government.
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Malaysia End-May Palm Oil Stocks Fall For First Time Three Months
Inventories at the world's second largest producer were down 0.5% from April to 2.03 million tonnes, according to data by industry regulator the Malaysian Palm Oil Board (MPOB).
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Malaysia exempts palm oil from export duty
The world's second largest producer and exporter of the edible oil had already lowered its export duty in crude palm oil to 0% this month.
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Malaysia's Axiata In Talks To Buy Smaller Indonesia Telecom Rival - CEO
The company also operates in Bangladesh, Cambodia, Nepal, Pakistan, Myanmar, Thailand, Laos and the Philippines.
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Malaysia To Strengthen Trade Ties With India After Palm Oil Purchases
Indian buyers contracted up to 200,000 tonnes of Malaysian crude palm oil for June and July, after a four-month gap following a diplomatic row.
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Malaysia Signs Record Rice Import Deal With India: Exporters
Malaysia is the world's second-biggest producer and exporter of the vegetable oil after Indonesia, and India's restrictions had badly affected its sales.
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Malaysia's Central Bank Cuts Key Interest Rate To 2.00%, Lowest Since 2009
The central bank had projected exports to contract by as much as 8.7% in 2020, as key trading partners struggled with the pandemic.
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AirAsia Will Not Take Jet Deliveries This Year, Revisiting Airbus Order Book
Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros
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Malaysia Says Welcomes OPEC+ Pact To Cut Crude Oil Output
The supply reduction agreement between OPEC members and allies, as it would stabilise the global oil market and ensure supply security for consumers.
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Malaysia Cuts Crude Palm Oil Export Duty For May To 4.5%
The export tax structure starts at 3% for crude palm oil when priced in a 2,250-2,400 ringgit-per-tonne range.
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