PETALING JAYA: With stockpiles to remain elevated this month, crude palm oil (CPO) prices are likely to stay weak but the downside will be capped by the commodity’s attractive discount against competing edible oils, says CGS-CIMB Research.
SIME Darby Bhd’s move to distribute China based BYD’s cars like the Atto 3 and the new e6 models in Malaysia, analysts speculate, is expected to drive down prices of electric vehicles (EV) but will not fundamentally change the market with EVs set to remain a niche market for automakers in the country despite the government incentives in place.
KUALA LUMPUR, Aug 24 Hap Seng Plantations Holdings Bhd’s net profit for the second quarter ended June 30, 2022 (Q2FY2022) rose to RM66.9 million from RM47.42 million.
Upstream business crucial in planters 2Q earnings thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.