Amid the turbulence in the global economic landscape, businesses need to go beyond their profit-making mandate and do more to contribute to the betterment of the communities they serve.

Berjaya Sompo: Committing to a brighter and sustainable future with ‘The Good Policy’

Crude palm oil (CPO) prices in 2024 are likely to average at least 11% more than this year as El Nino weather patterns are expected to reduce output in top producer Indonesia, the Indonesian Palm Oil Association (GAPKI) said on Thursday.

Indonesian Palm Oil Association sees palm oil prices rising in 2024 as El Nino crimps domestic output

Malaysia's palm oil production is likely to rise next year as more plentiful labour and the maturation of plantations for harvesting offset the impact of the El Nino weather pattern, the Malaysian Palm Oil Board (MPOB) said on Thursday.

Malaysia's 2024 palm oil output to rise despite El Nino — MPOB

Payments Network Malaysia Sdn Bhd (PayNet), the operator of DuitNow QR, on Thursday provided clarification on implementation of transaction fees for DuitNow QR payments and transfers made with credit cards, effective November 1, 2023.

PayNet clarifies transaction fees and distinctions for DuitNow QR payments 

Fair and equitable competition is needed in the global trade of vegetable oils to ensure a level playing field for all stakeholders, said Council of Palm Oil Producing Countries (CPOPC) secretary general Rizal Affandi Lukman.

CPOPC sec gen urges fair and equitable competition in global vegetable oil trade  

Padiberas Nasional Berhad (Bernas) has assured the public of sufficient supply of white rice in the country.

Supply of white rice sufficient, says Bernas

Solidaridad Asia has called on the European Union (EU) to take a comprehensive approach in implementing the EU Deforestation Regulation (EUDR) that will primarily benefit smallholders.

EU urged to implement inclusive deforestation regulations to support smallholders 

Southeast Asian central banks are using tools other than rate hikes to defend their currencies against the surging dollar as bets on higher-for-longer Federal Reserve rates take hold.

Dollar surge is bringing ‘pseudo tightening’ to Southeast Asia 

SPNB Aspirasi Sdn Bhd, a unit of national housing development company Syarikat Perumahan Negara Bhd (SPNB), has filed another lawsuit alleging fraud against SPNB's former CEO and executive director Datuk Ahmad Azizi Ali — this time involving a service apartment project in Hulu Langat, Selangor.

SPNB files another suit alleging fraud against ex-CEO, includes developer linked to Daim's son

The Malaysian Youth Parliament initiative will be revamped as a measure to improve the programme after it is placed under the Parliament next year, says Dewan Rakyat Speaker Tan Sri Johari Abdul.

Youth Parliament to be revamped to give rise to next generation of quality leaders — Johari

Here is a brief recap of some corporate announcements that made news on Wednesday: Glomac Bhd, Sapura Energy, Capital A, Sunway, Pensonic, Jiankun International Bhd, Gamuda Bhd, Kim Loong Resources Bhd, Hiap Teck Ventures Bhd, Censof Holdings Bhd and Ekovest Bhd.

Glomac, Sapura Energy, Capital A, Sunway, Pensonic, Jiankun International, Gamuda, Kim Loong Resources, Hiap Teck Ventures, Censof, Ekovest 

Berjaya Land Bhd (BLand) has rectified its public shareholding spread in accordance with Bursa Malaysia’s approved minimum requirement of 20%, ahead of its Sept 30 deadline.

BLand complies with public shareholding spread requirement

TWL Holdings Bhd has proposed to undertake a private placement of up to 10% of its issued shares to raise up to RM23.51 million, mainly to fund the group’s development costs of 715 units of affordable housing under the Rumah Selangorku scheme.

TWL Holdings to raise RM23.51 mil for Rumah Selangorku project via share placement

Kerjaya Prospek Group Bhd has secured a contract worth RM203.06 million from Samsung-KP JV — the 30:70 joint venture between Kerjaya Prospek (M) Sdn Bhd and Samsung C&T (KL) Sdn Bhd, to undertake the concrete structure works of Texas Instruments Electronic Malaysia Sdn Bhd's factory in Melaka.

Malaysia

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