CPO Futures Close Higher On Gains In CBOT Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.

CPO Futures To Trade Within RM4,200-RM4,300 Range Despite Easing West Asia Tensions

KUALA LUMPUR, June 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the RM4,200 to RM4,300 per tonne range despite easing tensions in West Asia, said a trader.

CPO Futures End Week Higher On Supply Concerns, West Asia Tensions

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week to close higher on Friday, driven by supply concerns and renewed tension in West Asia, said a trader.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Medical, Insurance, Takaful Practitioners Boost Healthcare Ecosystem Via HPPSC Platform

KUALA LUMPUR, June 19 (Bernama) -- Five medical and insurance/takaful associations said initiatives are being implemented to enhance communication and operational efficiency among doctors, hospitals, insurers and takaful operators.

Airlines Should Review Route Profitability Under High Fuel Price Scenarios-- Alton

KUALA LUMPUR, June 19 (Bernama) -- Airlines should conduct a route-level fuel sensitivity analysis to identify routes that could become uneconomic under different fuel price scenarios, said Alton Aviation Consultancy, a global advisory firm serving the aviation and aerospace industries.

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.

Selangor Plans To Expand SA500 To Assist Companies Affected By Supply Disruptions

SHAH ALAM, June 19 (Bernama) -- The Selangor state government plans to expand its Selangor Advance (SA500) programme to support the cash flow needs of companies involved in state infrastructure projects, including those undertaken at the district and local authority levels.

CPO Futures Close Mostly Lower On Weaker Soybean Oil, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 18 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly lower on Thursday, pressured by weaker soybean oil and crude oil prices, a trader said.

Malaysian Re, China Re Life Sign Landmark Treaty For Cancer Treatment Coverage

KUALA LUMPUR, June 18 (Bernama) -- National reinsurer Malaysian Reinsurance Bhd (Malaysian Re) and China Reinsurance Life Insurance Company Ltd (China Re Life) have signed a landmark reinsurance treaty to support the first dedicated reinsurance framework for cancer precision medicine (CPM) treatment coverage in Malaysia.

Daicel POM Powder Enables Stick Lubricant Innovation

KUALA LUMPUR, June 18 (Bernama) -- Daicel Corporation’s High Performance Polymers Strategic Business Unit (formerly Polyplastics Co Ltd) has announced its DURAST POM fine powder has been adopted in a new stick-form lubricant developed by Japan-based Maia Co Ltd, marking a novel application for the engineering plastic material in maintenance operations.

CPO Futures End Higher Amid Weather-related Supply Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today amid concerns over weather-related issues, a trader said.