Category: General

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives slipped on Monday, driven by bearish global sentiment and a sell-off in the equities market, said palm oil trader David Ng. Ng also said concerns over weak demand due to the ringgit’s strength are pressuring the CPO market. ‘We see the next price support at RM3,700 and resistance around RM3,870,’ he told Bernama. Ng added that this is the lowest level in five months. At the close, the spot month August 2024 contract fell by RM91 to RM3,930 per tonne, and the September 2024 and December 2024

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the underlying cash market. Spot month August 2024 slipped 89.0 points to 1,530.0, September 2024 dropped 87.5 points to 1,513.0, December 2024 fell 89.5 points to 1,520.0 and March 2025 slid 90.0 points to 1,510.0. Turnover improved to 19,125 lots from 10,184 on Friday, while open interest increased to 63,439 contracts from 53,986 previously. At 5 pm, the FBM KLCI fell 74.57 points or 4.62 per cent to 1,536.48 from Friday’s close of 1,611.05. Source: BERNAMA News Agency

KUALA LUMPUR, National courier and postal service provider, Pos Malaysia Berhad (Pos Malaysia) will be organising its first ever Pos Malaysia Run 2024 on Sept 29 at Padang Merbok, here. Its Group Chief Marketing, Communication and Sustainability Officer Fiona Liao said the run, with the theme ‘Jom Laju For Fun!’, will not only celebrate Pos Malaysia’s heritage but also strengthen its commitment toward community building and healthy lifestyle. ‘After years of championing healthy lifestyles through partnerships in several major running and fitness events in Malaysia, we’re very excited to take the lead by organising our own premier run. ‘Today, we’re

SHAH ALAM, The Selangor government has given assurances that all licensed traders who do business at the Shah Alam Stadium Bazarena, will be housed in a designated area at the Shah Alam Sports Complex (KSSA), when it is completed in 2026. Selangor Menteri Besar, Datuk Seri Amirudin Shari, said that the Bazarena business site, which houses traders from Farmer’s Market and Pasar Karat at the stadium, has currently been set in the KSSA development plan. “In the plan (construction of KSSA) there is indeed an area for them to do business. ‘Insya-Allah, I will make sure that all the traders

CHENNAI, India, BASF Catalysts India Private Limited (BCIL), a subsidiary of BASF Environmental Catalyst and Metal Solutions (ECMS), has inaugurated a new Research, Development and Application (RDandA) lab at its site in Mahindra World City, Tamil Nadu, Chennai. The strategic investment is focused on the development of emissions control catalysts that are tailored to the unique needs of the Indian automotive market. ‘This new RDandA lab will enable the development of market-specific catalyst formulations that meet the unique needs of the Indian market with agility and flexibility,’ said Saeed Alerasool, Senior Vice President of RDandA for ECMS. ‘With this investment,