would hit the global economy and slow demand for the fuel. Brent crude futures fell by$ 1.70, or 2. 6pc

The jute industry’s revenue could fall 5-6 per cent in Financial Year 2023-24( FY24) as weak

PETALING JAYA: Plantation companies will likely register a mixed performance in their upcoming second-quarter results( 2Q23) starting Aug 23, according to Hong Leong Investment Bank( HLIB) Research. This will occur on the back of mixed fresh fruit bunch( FFB) output growth and slightly lower crude palm oil( CPO) prices, it said. Despite the second quarter being a seasonally higher productivity quarter as witnessed by a 6.1% quarter-on-quarter( q-o-q) increase in Malaysia’s CPO production, HLIB R

PETALING JAYA: Plantation companies will likely register a mixed performance in their upcoming second-quarter results( 2Q23) starting Aug 23, according to Hong Leong Investment Bank( HLIB) Research. This will occur on the back of mixed fresh fruit bunch( FFB) output growth and slightly lower crude palm oil( CPO) prices, it said. Despite the second quarter being a seasonally higher productivity quarter as witnessed by a 6.1% quarter-on-quarter( q-o-q) increase in Malaysia’s CPO production, HLIB R

But excluding semiconductors and ships, overseas shipments during the January-March period dropped 0.3% after a 2.4% rise in the preceding quarter, according to calculations from government data.... In March, for instance, exports of eight out of the 15 major products declined.A report by Hanwha Investment Securities even warned that South Korea’s export growth could reach its peak as early as May, before gradually losing momentum for the rest of this year.... Focusing too much on reducing eve

KUALA LUMPUR: Bursa Malaysia got off to a weak start on Friday, giving up all the previous day’s

Manufacturing PMI was recorded at 47.8 in July 2023 and the weakness was exacerbated by demand softness in

Manufacturing PMI was recorded at 47.8 in July 2023 and the weakness was exacerbated by demand softness in

from 48.0 in January.... Respondents cited factors such as weak sales demand at home and overseas

cases of coronavirus in Japan added to a weak demand picture in Asia. Brent crude ended the session