<div class=newsTextDataWrapInner>KUALA LUMPUR (Aug 20): Malaysia has maintained its export tax for crude palm oil at 8% in September and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.</div>

<div class=newsTextDataWrapInner>The world's second-largest palm exporter calculated a reference price of RM3,915.19 per metric tonne for September. August's reference price was RM3,880.86 a tonne.</div>

<div class=newsTextDataWrapInner>The export tax structure starts at 3% for crude palm oil in a RM2,250 to RM2,400-per-tonne range. The maximum tax rate is set at 8% when prices exceed RM3,450 a tonne.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

Malaysia has maintained its export tax for crude palm oil at 8% in September and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

Malaysia keeps September crude palm oil export duty at 8%

Most currencies in emerging Asian markets rose on Wednesday as the dollar yielded some of its overnight gains, while equities in the region also advanced, as traders weighed the odds of an outsized rate cut by the US Federal Reserve (Fed) later in the day.

Currencies rise, ringgit at 19-month high ahead of Fed decision

Imaging company Crest Group Bhd has begun taking orders from investors on Wednesday for its initial public offering (IPO) to raise up to RM82.11 million on the ACE Market.

Imaging company Crest Group launches ACE Market IPO to raise RM82m

A widely expected US policy rate cut this week will boost Malaysian stocks in the oil and gas (O&amp;G), real estate investment trust (REIT), and large-cap banking sectors, Kenanga Investment Bank said.

Widely expected US rate cut to boost large-cap banks, energy stocks, REITs — Kenanga

KUALA LUMPUR (Sept 18): Shares of MyEG Services Bhd (KL:MYEG) rose to a two-month high on Wednesday, after the e-government services firm teamed up with freight forwarders to promote its blockchain-based ZTrade.

MyEG Services’ shares rises to two-month high after blockchain pact with freight forwarders

Datuk Allan Goh Hwan Hua and companies allegedly linked to him have been denied a stay from disclosing their bank accounts’ statements to 15 investors who are suing the MyAirline co-founder and the companies.

MyAirline co-founder, companies denied stay from disclosing bank statements

Capital A Bhd (KL:CAPITALA) announced on Wednesday that Bursa Malaysia has approved its extraordinary general meeting (EGM) circular detailing the proposed disposal of its aviation business to sister company AirAsia X Bhd (KL:AAX).

Capital A, AAX say EGM for airline biz merger in three weeks after Bursa clearance

Bridgewater Associates founder Ray Dalio said a small part of his family office’s portfolio remains invested in China, but pointed out that there are “real issues” in the country amid a deepening economic slowdown.

Dalio sees ‘real issues’ in China, keeps small exposure

The Malaysian Anti-Corruption Commission (MACC) said on Wednesday that Tan Sri Mokhzani Mahathir and his brother Mirzan Mahathir have declared their assets to the commission under the latest deadline.

Mokhzani and Mirzan declared assets within deadline, investigations have begun — MACC

KUALA LUMPUR (Sept 18): Bank Negara Malaysia (BNM) on Wednesday reaffirmed its ongoing efforts to modernise the regulatory framework and foster innovation within the insurance industry.

BNM to foster innovation, accessibility in insurance landscape — governor

The Taiwanese company Gold Apollo Co, whose brand appears on pagers that exploded in Lebanon, said a company based in Hungary is responsible for manufacturing the models used in the attacks, adding to the mystery around a strike that is escalating tensions in the Middle East.

Exploding pager mystery deepens as Taiwan firm deflects blame

KUALA LUMPUR (Sept 18): The Malaysian government still has room to tap the “extra space” in the contingent liabilities to finance big-ticket projects, amid limited direct fiscal headroom, said BIMB Securities.

Malaysian govt can tap up to RM155b in contingent liabilities for project financing — BIMB Securities

KUALA LUMPUR (Sept 18): Pekat Group Bhd (KL:PEKAT) said it has secured a contract worth RM115 million to develop a 29.99MW (megawatt) solar farm in Kinta, Perak.&nbsp;

Pekat wins RM115m EPCC job for 30MW solar farm in Perak

Analysts predict a price correction for crude palm oil (CPO) in the fourth quarter of this year (4Q2024), primarily due to India's recent decision to raise import taxes on edible oils and the upcoming peak production season, especially in Indonesia.

India’s import tax hike, peak 4Q production to drag CPO prices down, say analysts

The Malaysian Anti-Corruption Commission (MACC) has arrested an immigration officer, touted to be the “focal person” of a “counter setting” syndicate that brings foreign workers into the country illegally, and will be charged in court early October.

MACC: ‘Focal person’ in immigration's ‘counter setting’ syndicate arrested, to be charged next month

DESPITE DRB-Hicom Bhd’s (KL:DRBHCOM) share price dropping to a 52-week low of RM1.09 last Tuesday, analysts do not see the stock as undervalued. The counter last traded at this level during the pandemic, when it closed at RM1.02 on Sept 23, 2020.

The stock’s lacklustre performance this ...

DRB-Hicom not seen as undervalued even as shares hit multiple-year low

Malaysia may have to consider raising imports of liquefied natural gas (LNG) to meet energy demands even as the country is one of the world’s top exporters of the commodity.

Malaysia may have to consider more imports of natural gas in future, says Nik Nazmi

The investigations which led to Datuk Seri Najib Razak's charges in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial were "shoddy" and "incomplete", the defence contends.

Defence: 1MDB-Tanore investigation against Najib shoddy and incomplete

Scientex Packaging (Ayer Keroh) Bhd (KL:SCIPACK) net profit in the full year ended July 31, 2024 (FY2024) fell 9.43% from a year ago, as the group flagged heightened market competition and freight costs to have impacted its latest quarter earnings.

Scientex Packaging raises dividend despite weaker FY2024

Life Insurance Association of Malaysia (LIAM) said it is working with relevant stakeholders to address public concerns on the co-payment feature for medical and health insurance and takaful (MHIT) products amid rising medical inflation.

Life Insurance Association of Malaysia says addressing concerns on co-payment for medical insurance

The High Court (civil division) has fixed new trial dates for three days beginning June 16 next year, to hear 1Malaysia Development Bhd (1MDB) and its four subsidiaries’ US$3.78 billion (RM16.13 billion) suit against fugitive businessman Low Taek Jho (Jho Low), his family members, and close associate Eric Tan Kim Loong.