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Barnama
24-05-2025
- Business
- Barnama
Johor PMR 2025 Offers 450 Cartons Of 1Kg Cooking Oil Under Rahmah Sales
JOHOR BAHRU, May 24 (Bernama) -- A total of 450 cartons of one-kilogramme subsidised cooking oil packets, priced at RM2.50 each, are available to visitors at the ongoing Johor MADANI Rakyat Programme (PMR) 2025, through the Rahmah MADANI Sales initiative. The Rahmah MADANI Sales coordinator, Ahmad Kamarul Ariffin Mohd Masom, said that packet cooking oil is usually the best-selling item, along with 10-kilogramme local white rice priced at RM26 at any PMR event. 'This is one of the essential items that's always in high demand, so we have had to limit purchases to two packets of cooking oil and one bag of rice per visitor. 'So far, the packet cooking oil has been selling fast, and stocks are running low. We are confident that all the oil will be sold out soon,' he told Bernama at the stall in the Toppen Shopping Centre compound today. A total of 42 types of basic necessities, including coconut milk, onions, and potatoes, are being sold by an appointed supermarket, offering prices 10 to 30 percent lower than usual. Apart from supplying about 2,000 bags of local white rice and cooking oil, the MADANI Sales programme also offers several other basic food items, such as grade C eggs priced at RM7.50 per tray. However, if demand exceeds expectations, Ahmad Kamarul Ariffin said they are prepared to increase the supply of basic necessities, including cooking oil and local white rice. 'In addition, two Agro MADANI entrepreneurs taking part in the programme are offering local fruits from as low as RM2, fresh meat at RM30 per kilogramme, and fresh chicken at RM12 per bird,' he said. A housewife, Siti Sarah Nasir, 38, from Kempas near Johor Bahru, said she arrived early with her children to buy essential items such as cooking oil, rice, eggs, and chicken because the prices are more affordable here.
The Sun
24-05-2025
- Business
- The Sun
Johor PMR 2025 offers 450 cartons of 1kg cooking oil under Rahmah sales
JOHOR BAHRU: A total of 450 cartons of one-kilogramme subsidised cooking oil packets, priced at RM2.50 each, are available to visitors at the ongoing Johor MADANI Rakyat Programme (PMR) 2025, through the Rahmah MADANI Sales initiative. The Rahmah MADANI Sales coordinator, Ahmad Kamarul Ariffin Mohd Masom, said that packet cooking oil is usually the best-selling item, along with 10-kilogramme local white rice priced at RM26 at any PMR event. 'This is one of the essential items that's always in high demand, so we have had to limit purchases to two packets of cooking oil and one bag of rice per visitor. 'So far, the packet cooking oil has been selling fast, and stocks are running low. We are confident that all the oil will be sold out soon,' he told Bernama at the stall in the Toppen Shopping Centre compound today. A total of 42 types of basic necessities, including coconut milk, onions, and potatoes, are being sold by an appointed supermarket, offering prices 10 to 30 percent lower than usual. Apart from supplying about 2,000 bags of local white rice and cooking oil, the MADANI Sales programme also offers several other basic food items, such as grade C eggs priced at RM7.50 per tray. However, if demand exceeds expectations, Ahmad Kamarul Ariffin said they are prepared to increase the supply of basic necessities, including cooking oil and local white rice. 'In addition, two Agro MADANI entrepreneurs taking part in the programme are offering local fruits from as low as RM2, fresh meat at RM30 per kilogramme, and fresh chicken at RM12 per bird,' he said. A housewife, Siti Sarah Nasir, 38, from Kempas near Johor Bahru, said she arrived early with her children to buy essential items such as cooking oil, rice, eggs, and chicken because the prices are more affordable here. 'We have to seize this opportunity to save, especially since prices have risen quite a bit lately. 'I believe that if programmes like this continue, many will surely feel that the government is attentive to our needs,' she said. The Johor PMR 2025, themed 'Belia MADANI, Yakin Boleh!', runs from May 23 to 25 and features a variety of engaging activities, including exhibition stalls, interactive sessions with government agencies, Technical and Vocational Education and Training (TVET) showcases, career carnivals, and MADANI sales. Johor marks the second stop of the PMR 2025 tour series after Sabah (May 9 to 11). The tour will then continue to several other locations, including Lumut (Perak), Kuala Terengganu (Terengganu), Kota Lama (Kelantan), Nilai (Negeri Sembilan), Baling (Kedah), Jasin (Melaka), and Bintulu (Sarawak).
The Sun
24-05-2025
- Business
- The Sun
Johor PMR 2025 offers 450 cartons of 1kg cooking oil
JOHOR BAHRU: A total of 450 cartons of one-kilogramme subsidised cooking oil packets, priced at RM2.50 each, are available to visitors at the ongoing Johor MADANI Rakyat Programme (PMR) 2025, through the Rahmah MADANI Sales initiative. The Rahmah MADANI Sales coordinator, Ahmad Kamarul Ariffin Mohd Masom, said that packet cooking oil is usually the best-selling item, along with 10-kilogramme local white rice priced at RM26 at any PMR event. 'This is one of the essential items that's always in high demand, so we have had to limit purchases to two packets of cooking oil and one bag of rice per visitor. 'So far, the packet cooking oil has been selling fast, and stocks are running low. We are confident that all the oil will be sold out soon,' he told Bernama at the stall in the Toppen Shopping Centre compound today. A total of 42 types of basic necessities, including coconut milk, onions, and potatoes, are being sold by an appointed supermarket, offering prices 10 to 30 percent lower than usual. Apart from supplying about 2,000 bags of local white rice and cooking oil, the MADANI Sales programme also offers several other basic food items, such as grade C eggs priced at RM7.50 per tray. However, if demand exceeds expectations, Ahmad Kamarul Ariffin said they are prepared to increase the supply of basic necessities, including cooking oil and local white rice. 'In addition, two Agro MADANI entrepreneurs taking part in the programme are offering local fruits from as low as RM2, fresh meat at RM30 per kilogramme, and fresh chicken at RM12 per bird,' he said. A housewife, Siti Sarah Nasir, 38, from Kempas near Johor Bahru, said she arrived early with her children to buy essential items such as cooking oil, rice, eggs, and chicken because the prices are more affordable here. 'We have to seize this opportunity to save, especially since prices have risen quite a bit lately. 'I believe that if programmes like this continue, many will surely feel that the government is attentive to our needs,' she said. The Johor PMR 2025, themed 'Belia MADANI, Yakin Boleh!', runs from May 23 to 25 and features a variety of engaging activities, including exhibition stalls, interactive sessions with government agencies, Technical and Vocational Education and Training (TVET) showcases, career carnivals, and MADANI sales. Johor marks the second stop of the PMR 2025 tour series after Sabah (May 9 to 11). The tour will then continue to several other locations, including Lumut (Perak), Kuala Terengganu (Terengganu), Kota Lama (Kelantan), Nilai (Negeri Sembilan), Baling (Kedah), Jasin (Melaka), and Bintulu (Sarawak).
The Star
22-05-2025
- Business
- The Star
Frangipani farmers dump 10 tonnes of flowers
FARMERS in Tamil Nadu, India, were forced to dump 10 tonnes of flowers after their prices hit rock bottom, Makkal Osai reported. The farms in Sathyamangalam specialise in cultivating sambangi (frangipani) flowers which are widely used in perfume making, social events and religious rituals. They are exported to Kerala, Karnataka, Andra Pradesh and other states. However, the higher than average rainfall this year has produced twice the farms' normal output. The high supply has caused the prices for the flowers, which usually cost around 500 rupees (RM25) per kg during wedding seasons and 50 rupees (RM2.50) at other times, to fall to just 10 rupees (50sen) per kg. After spending tens of thousands of rupees cultivating the flowers, the low prices have left farmers with huge losses forcing them to cut costs by dumping the crop into irrigation canals along their farmers petitioned district officials for financial support to help them sustain their farms.
New Straits Times
21-05-2025
- Business
- New Straits Times
PetChem faces near-term headwinds, recovery likely in second half
KUALA LUMPUR: Petronas Chemicals Group Bhd's (PetChem) earnings are expected to remain subdued in the second quarter of financial year 2025 (2QFY25), with a significant recovery anticipated only in the second half of 2025 (2H25). Urea and methanol prices, which had earlier contributed commendably to the group's performance, have eased going into 2Q25 as earlier supporting factors, including stronger feedstock prices and supply constraints, have gradually dissipated. As such, Hong Leong Investment Bank Bhd (HLIB Research) expects the group's fertilisers and methanol segment to record softer earnings in the coming quarter. The research house also expects the olefins and derivatives (O&D) division to remain under pressure in 2Q25, as ongoing feedstock disruptions at Petrochemicals Company Sdn Bhd (PPC) and utility supply issues in Kertih continue to weigh on the segment's profitability. In addition, polyolefin prices are expected to trend lower, amid a potential demand slowdown triggered by the United States' sweeping tariffs and a recent decline in oil prices that has reduced naphtha feedstock costs. "In light of the operational hiccups in Kertih and PPC, we expect PCG's bottom line to stay depressed in 2QFY25 and will only stage a meaningful recovery in 2H25," it noted. HLIB Research has maintained a 'Sell' call on PetChem, with a lower target price of RM2.50. The firm expects the petrochemical sector to remain challenging on the back of China's aggressive capacity expansion drive, coupled with unexciting demand outlook from the downstream sectors. "Not helping is PCG's PPC operations, which contribute a substantially higher depreciation and interest cost base that is not covered by PPC's negative earnings before interest, tax, depreciation, and amortisation contribution, thus resulting in significant earnings dilution going forward," it said. In line with this, HLIB Research has also lowered its FY25 and FY26 earnings forecasts by 38 per cent and six per cent, respectively, and introduced an FY27 forecast of RM1.8 billion. PetChem recorded subdued 1Q25 core earnings of RM79 million which came in below HLIB Research's and street estimates at five per cent of FY25 forecasts. Core earnings dropped 84 per cent year-on-year (YoY) as O&D business slipped into negative territory. The earnings shortfall was attributed to extensive operational disruptions in the O&D segment, affecting both PPC and Kertih.
