Latest news with #144
New Straits Times
13-07-2025
- Business
- New Straits Times
CPO futures to trade with bearish bias next week on weak soybean, crude oil prices
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bearish bias next week, weighed down by persistent weakness in the soybean oil and crude oil markets. Palm oil trader David Ng said the recent downtrend in soybean oil and crude oil prices is likely to limit gains in the CPO market, as these external markets heavily influence palm oil sentiment. "Soybean oil and palm oil compete in the global vegetable oil market, and when soybean oil prices decline, buyers may shift towards it, reducing demand for palm oil. "We expect prices to trade between RM4,050 and RM4,200 per tonne next week," he told Bernama. On a weekly basis, the July 2025 contract rose RM75 to RM4,070 per tonne, while August 2025 gained RM91 to RM4,144 per tonne. September 2025 increased RM112 to RM4,174 per tonne, October 2025 climbed RM113 to RM4,177 per tonne, November 2025 added RM109 to RM4,174 per tonne, and December 2025 advanced RM103 to RM4,175 per tonne. The weekly trading volume increased to 435,464 lots from 253,182 lots in the previous week, while open interest went up to 231,427 contracts from 226,243 contracts. The physical CPO price for July South increased by RM110 to RM4,160 per tonne.
Business Recorder
26-06-2025
- Business
- Business Recorder
Gold price per tola gains Rs1,335 in Pakistan
Gold prices in Pakistan increased on Thursday in line with their rise in the international market. In the local market, gold price per tola reached Rs356,000 after a gain of Rs1,335 during the day. As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs305,212 after a rise of Rs1,144. On Wednesday, gold price per tola reached Rs354,665 after a gain of Rs300. The international rate of gold also increased today. The rate was at $3,340 per ounce (with a premium of $20), after it gained $13, as per APGJSA. Meanwhile, silver price per tola increased by Rs86 to reach Rs3,850.
Malaysiakini
22-05-2025
- Automotive
- Malaysiakini
Ageing fleet of cars replaced to lower maintenance cost: Penang CM
The Penang government replaced its ageing fleet with 15 new Toyota Camry 2.5V (AT) (CBU) cars to reduce rising maintenance costs, which average RM42,144 per vehicle. Chief Minister Chow Kon Yeow said that, as a matter of policy, vehicles for exco members and senior officials are typically replaced every six years.
The Sun
22-05-2025
- Automotive
- The Sun
Penang govt replaces aging fleet of cars to reduce maintenance costs
GEORGE TOWN: The Penang government has replaced its aging fleet with 15 new Toyota Camry 2.5V (AT) (CBU) cars to reduce rising maintenance costs, which currently average RM42,144 per vehicle. Chief Minister Chow Kon Yeow said that, as a matter of policy, vehicles for Exco members and senior officials are typically replaced every six years. The current fleet was purchased in 2019, following the initial replacement cycle that began in 2013. 'The older vehicles are still in use, primarily for carpooling among officers who require transportation. The vehicles are not being sold or left unused,' he said during his winding-up speech on the opening address by the Penang Yang di-Pertua Negeri, Tun Ramli Ngah Talib, at today's state legislative assembly. He added that the state government has spent nearly RM650,000 on maintaining these cars over their service period. Last Tuesday, Chow confirmed the procurement of 15 Toyota Camrys by the state government at a total cost of RM3.31 million, inclusive of sales tax and excise duties, equivalent to RM220,783 per unit. Ten are allocated to Exco members, three to former officials, and one each to the Speaker and Deputy Speaker. The vehicles were handed over on April 4.
The Sun
22-05-2025
- Automotive
- The Sun
Penang govt replaces Toyota Camry as its fleet vehicle
GEORGE TOWN: The Penang government has replaced its aging fleet with 15 new Toyota Camry 2.5V (AT) (CBU) cars to reduce rising maintenance costs, which currently average RM42,144 per vehicle. Chief Minister Chow Kon Yeow said that, as a matter of policy, vehicles for Exco members and senior officials are typically replaced every six years. The current fleet was purchased in 2019, following the initial replacement cycle that began in 2013. 'The older vehicles are still in use, primarily for carpooling among officers who require transportation. The vehicles are not being sold or left unused,' he said during his winding-up speech on the opening address by the Penang Yang di-Pertua Negeri, Tun Ramli Ngah Talib, at today's state legislative assembly. He added that the state government has spent nearly RM650,000 on maintaining these cars over their service period. Last Tuesday, Chow confirmed the procurement of 15 Toyota Camrys by the state government at a total cost of RM3.31 million, inclusive of sales tax and excise duties, equivalent to RM220,783 per unit. Ten are allocated to Exco members, three to former officials, and one each to the Speaker and Deputy Speaker. The vehicles were handed over on April 4.
