KUALA LUMPUR (Nov 29): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mixed on Monday on the expectation of stronger exports. However, palm oil trader David Ng said external factors weighed on market sentiment as well, especially worries over the new Covid-19 variant.
PETALING JAYA: The Plantation Industries and Commodities Ministry expects crude palm oil or CPO prices to trend downwards as more producing countries are able to harvest the fruits, its secretary-general Datuk Ravi Muthayah (pic) says.
Dubai commercial centre in UAE (Bloomberg filepix)
DUBAI (Nov 22): The bilateral trade between Malaysia and United Arab Emirates (UAE) is set to record healthy double-digit growth in the post-pandemic era next year, said Malaysia’s Ambassador to the UAE Mohd Tarid Sufian.