The country's rubber industry is expected to soar in the coming years, following the strengthening of cooperation with China in the field of commodities.

Fadillah: Cooperation with China to boost M'sian rubber industry

RHB Investment Bank Research has maintained “neutral” on the rubber products sector and said the recovery of the Malaysian rubber glove industry remains uneven, as indicated by April’s weak export data.

RHB expects global glove demand to contract by 5% y-o-y in 2023

NanoMalaysia Bhd (NMB), the agency of nanotechnology and advanced solution commercialisation under the Ministry of Science, Technology and Innovation, has signed a memorandum of understanding (MOU) with the Malaysian Rubber Council (MRC) to promote successful uptake and commercialisation of local intellectual properties (IPs) and products developed by Malaysian companies related to the rubber industry.

NanoMalaysia inks MOU with Malaysian Rubber Council to commercialise local IPs

Given the growth of Malaysia's rubber exports by 150% to RM44.43 billion in the first half of this year (1H21) from RM17.77 billion in the same corresponding period of 2020, the industry is projected to rebound for the full year of 2021.

Rubber exports expected to rebound in 2021 as double-digit growth in global demand continues

KUALA LUMPUR (Oct 7): Amid a fall in rubber prices to a low this year of RM5.16 a kg on Oct 4, the Malaysian Rubber Board (LGM) assured smallholders that their welfare will not be affected under the government’s Rubber Production Incentive (IPG). 

"The IPG will ensure that rubber prices received by smallholders, at estate level, are not affected by the decline in the world market," LGM said in a statement. "At the international level, Malaysia continues to cooperate with the major rubber producing countries, namely Thailand and Indonesia, under the framework of the International Tripartite Rubber Council (ITRC) to address the long-term decline in rubber prices through measures such as the Supply Management Scheme, the Demand Promotion Scheme and the Agreed Export Tonnage Scheme."

Amid rubber price decline, LGM says smallholders' welfare unaffected by govt incentive scheme

KUALA LUMPUR (Sept 4): The Malaysian Rubber Board (MRB) is expecting rubber prices to remain "relatively low" ahead of an expected oversupply until 2023.

"In general, rubber price (for grade MSR-20) will remain relatively low at about RM5-RM6 for the next one or two years," said MRB dir...

Malaysian Rubber Board expects prices to remain subdued

KUALA LUMPUR (Oct 31): Global rubber prices are not only impacted by demand and supply but other factors including the performance of futures markets and crude oil prices, said Deputy Plantation Industries and Commodities Minister Datuk Datu Nasrun Datu Mansur.

Currency exchange rates a...

Demand-supply not sole factor in determining global rubber price, says minister

KUALA LUMPUR (Sept 13): Rubber prices are likely to continue rising in the near term and may reach heights previously seen earlier this year, according to technical analysts.

"Current prices appear to be at the beginning of a bullish trend," said Jupiter Securities chief market strategi...

Rubber prices likely to remain bullish until 2018, say analysts

KUALA LUMPUR (June 14): The production of natural rubber (NR) increased 17.1% to 48,889 tonnes in April 2017, from 41,753 tonnes a year earlier.

On a monthly basis, however, it decreased 39.2% from 80,384 tonnes in March 2017.

In a statement today, the Statistics Department sa...

Malaysia's April rubber production up 17.1% on year

TOKYO (March 7): Benchmark Tokyo rubber futures dipped more than two percent on Tuesday, touching a one-week low, as weaker Shanghai futures dampened sentiment.

The Tokyo Commodity Exchange (TOCOM) rubber contract for August delivery finished 6.6 yen or 2.4% lower at 269.4 yen (US$2.37)...

TOCOM dips to 1-week low as weak Shanghai dampens sentiment

TOKYO (March 8): Benchmark Tokyo rubber futures slipped to the lowest in more than two months on Wednesday as Shanghai futures continued to decline amid concerns over rising inventories in the world's biggest rubber consumer.

"Tokyo rubber prices have apparently peaked out and are ...

TOCOM slips to 2-month low following Shanghai tumble

TOKYO (March 10): Benchmark Tokyo rubber futures snapped a 3-day losing streak on Friday after hitting a 2-1/2 month low earlier in the session, with investors looking for bargains and helped by a weaker yen, but it still booked a weekly loss amid falling Shanghai futures.

"Rubber ...

TOCOM snaps 3-day losing streak on lower yen; books weekly loss

EXCITEMENT about Malaysia’s energy transition has certainly spilled over to Tenaga Nasional Bhd, the sole party involved in electricity transmission and distribution. And that has investment analysts even more upbeat about the prospects of the utility stock, in addition to its improved balance sh...

Cover Story: Ballooning capex not dampening investor interest 

CIMB Bank Bhd has launched a new online personal loan scheme called the Cash Plus Personal Loan Account 2 Support Facility for eligible members of the Employee Provident Fund (EPF), with a low introductory interest rate of 4.5% per annum.

CIMB Bank launches online loan scheme backed by EPF Account 2

THE one key task, which is also a tough challenge, that Tenaga Nasional Bhd CEO Datuk Seri Baharin Din’s predecessors did not have to face is addressing the utility group’s greenhouse gas emissions.

Like many energy companies globally, including its peer Petroliam Nasional Bhd (Petronas...

Cover Story: Exploring unconventional ways to net zero emissions

theedgemalaysia.com highlighted three stocks with positive momentum and three stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday.

GFM Services, Kinergy Advancement, Hektar REIT, Sunzen Biotech, UOA REIT, Minetech Resources

Market watchers have maintained their "buy" ratings on Gamuda Bhd, as they expect the engineering and construction group to deliver strong quarters ahead for the financial year ending July 31, 2024 (FY2024), on the back of a record-high order book and unbilled sales.

Analysts maintain 'buy' on Gamuda, expect strong quarters ahead on high order book, unbilled sales

AT Tenaga Nasional Bhd’s new headquarters — a green building on the site where its previous office stood in Pantai Hill, Kuala Lumpur — Datuk Seri Baharin Din is relaxed and chatty during his conversation with The Edge, compared with his maiden interview three years ago when he was appointed pres...

Cover Story: Tenaga sees energy transition in a new light

Lawyers of two accused, who had been found guilty of murdering deputy public prosecutor (DPP) Datuk Anthony Kevin Morais, told the Court of Appeal on Thursday that there is no evidence to suggest that their clients were involved in his death.

Kevin Morais murder: Duo involved in kidnapping, hiding evidence at best, say lawyers

Bursa Malaysia saw broad-based losses at the midday break on Thursday, led by energy-related stocks as oil markets tumbled.

Bursa broadly lower with losses led by energy stocks as oil tumbles

China’s investment-grade credit offers value and will outperform US peers in 2024 thanks to favourable technicals and higher carry, according to Citigroup Global Markets Inc.

Citi boosts China high-grade debt outlook, sees value versus US

The TRX City Park officially opened to the public last Wednesday (Nov 29). It is located on the rooftop of The Exchange TRX lifestyle hub and retail mall, and covers 10 acres (4.05 hectares). The retail component is part of The Exchange TRX mixed-development that sits on 17 acres and is developed by TRX City Sdn Bhd and Lendlease.

TRX City Park open to public from Nov 29

Main Market debutant CPE Technology Bhd opened at 90 sen on Thursday, a 17 sen or 15.89% discount over its initial public offering (IPO) price of RM1.07, with an opening volume of 6.31 million shares.&nbsp;

CPE Technology off to lacklustre Main Market debut, drops 16%

Hong Leong Investment Bank (HLIB) Research has downgraded the property sector to “neutral”, and said it had turned less bullish on the sector, as it expects billings to normalise, while sales and launches should see a more moderate growth ahead.

HLIB downgrades property sector to 'neutral'; top picks Sunway, OSK, IOI Properties and SimeProp

A gauge of global equities rose on Wednesday following consecutive declines to start the week, while longer-dated US&nbsp;Treasury yields fell after economic data kept afloat expectations the Federal Reserve (Fed) has leeway to cut rates next year.

Stocks edge up, 10-year Treasury yield falls as rate cut timing weighed

Bursa Malaysia saw broad-based losses at the midday break on Thursday, led by energy-related stocks as oil markets tumbled.

With Prime Minister Datuk Seri Anwar Ibrahim’s unity government hitting the one-year mark, 2024 will be the time for stakeholders to closely monitor Putrajaya’s execution of promised reforms, according to Socio-Economic Research Centre executive director Lee Heng Guie.&nbsp;

2024 time for unity government to execute reforms; 'moderate probability' of US recession, says economist

Advanced Micro Devices Inc (AMD), taking aim at a burgeoning market dominated by Nvidia Corp, unveiled new so-called accelerator chips that it said will be able to run artificial intelligence (AI) software faster than rival products.

AMD CEO debuts Nvidia chip rival, gives eye-popping forecast

Former attorney general (AG) Tan Sri Mohamed Apandi Ali has filed five questions of law in his motion for leave to appeal against the dismissal of his defamation suit against Tan Sri Lim Kit Siang over the DAP stalwart's Facebook post on the 1Malaysia Development Bhd (1MDB) fiasco.

Ex-AG poses five questions of law while seeking to reinstate RM10m defamation suit against Kit Siang

RHB Retail Research said Wellcall Holdings Bhd is set to propel higher, surpassing the RM1.69 breakout level, on a strong trading volume, printing a new high.

Wellcall set to propel higher, says RHB Retail Research

US&nbsp;stocks ended down on Wednesday, pulled lower by megacaps and energy shares as signs of a cooling jobs market reinforced expectations that the Federal Reserve (Fed) could start cutting interest rates early next year.

Wall St ends lower as investors weigh fresh employment data

Works Minister Datuk Seri Alexander Nanta Linggi has confirmed that existing highway concessionaires will still have the rights to collect toll charges as per agreements with the government that are still in force, despite the development of the multi-lane free-flow (MLFF) project by a private firm.

Highway concessionaires to retain toll collection rights despite MLFF project development, says Nanta

The Software Alliance (BSA) has urged the Malaysian government to act on software copyright protections, following the discovery of illegitimate software use in the design and engineering of a railway project in Malaysia.

BSA urges Putrajaya to act after illegitimate software used in design and engineering of railway project

Prime Minister&nbsp;Datuk Seri Anwar Ibrahim on Thursday said that there should be no more excuses for delays in the development of projects&nbsp;for the people of Sabah, especially pertaining to water and electricity supply, as well as the&nbsp;Pan Borneo Highway.

No more excuses for project delays in Sabah, says Anwar

Lawyers of two accused, who had been found guilty of murdering deputy public prosecutor (DPP) Datuk Anthony Kevin Morais, told the Court of Appeal on Thursday that there is no evidence to suggest that their clients were involved in his death.

CGS-CIMB Securities has maintained its "add"&nbsp;rating and target price of 85 sen for wellness company DXN Holdings Bhd, which produces health products and dietary supplements and others. &nbsp;&nbsp;

CGS-CIMB remains bullish on DXN amid China expansion plans

The structural transformation of Axiata Group Bhd’s Indonesian subsidiaries&nbsp;XL&nbsp;Axiata&nbsp;and Link Net to become&nbsp;ServeCo&nbsp;and&nbsp;FibreCo&nbsp;leaders may&nbsp;require&nbsp;substantial&nbsp;funding, which Axiata may&nbsp;seek&nbsp;from potential investors in future to fund the growth plans, said Kenanga Research.&nbsp;

Axiata may seek potential investors for Link Net fibre expansion, says Kenanga Research

China’s imports unexpectedly shrank in November from a Covid-hit period one year ago, dashing hopes domestic demand would rebound from a low base to spur growth in the nation’s slowing economy. &nbsp;

China’s surprise import contraction sparks worries over demand

Bursa Malaysia slid further on Thursday, as Wall Street declined overnight.

At 9.09am, the FBM KLCI had given up 0.51 point&nbsp;to&nbsp;1,445.31, from Wednesday's close at 1,445.82.

Bursa makes soft opening following Wall St retreat

RHB Retail Research said MCE Holdings Bhd is set for a strong uptrend, as it broke above the RM1.97 recent high, accompanied by high trading volume.

MCE Holdings set for strong uptrend, says RHB Retail Research

President Joe Biden moved to forgive US$4.8 billion (RM22.42 billion) in student loans Wednesday, providing relief to more than 80,000 borrowers including public sector employees and Americans who have been repaying their federal debts for decades.

Biden moves to forgive nearly US$5b in student loans

The TRX City Park officially opened to the public last Wednesday (Nov 29). It is located on the rooftop of The Exchange TRX lifestyle hub and retail mall, and covers 10 acres (4.05 hectares). The retail component is part of The Exchange TRX mixed-development that sits on 17 acres and is developed by TRX City Sdn Bhd and Lendlease.&nbsp;

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