<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 11): Malaysia’s natural rubber production in August 2019 decreased by 4.1 per cent to 57,599 tonnes from 60,088 tonnes in July 2019, said the Department of Statistics today.</p></div>

<div class=newsTextDataWrapInner><p>Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said comparison year-on-year with August 2018 showed the production of natural rubber also decreased by 8.4 per cent.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, exports of Malaysia's natural rubber amounted to 55,879 tonnes, decreasing by 16.9 per cent against 67,273 tonnes in July 2019, with China remaining as the main natural rubber export destination contributing 52.6 per cent of the total natural rubber exports.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The average price of latex concentrate in August 2019 was 439.19 sen per kilogramme as compared to 476.23 sen per kilogramme in the previous month. The average price of Standard Malaysian Rubber 20 (SMR20) shrank to 542.48 sen per kilogramme against 580.82 sen per kilogramme in July 2019,” said Mohd Uzir.</p></div>

<div class=newsTextDataWrapInner><p>The department also reported that domestic consumption of natural rubber in August 2019 was 41,673 tonnes.</p></div>

<div class=newsTextDataWrapInner><p>Rubber glove manufacturing was the main industry with 31,394 tonnes or 75.3 per cent of the total domestic consumption.<br />
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Malaysia’s natural rubber production in August 2019 decreased by 4.1 per cent to 57,599 tonnes from 60,088 tonnes in July 2019, said the Department of Statistics today.

Malaysia natural rubber production decreases in August 2019

PARIS (April 25): BNP Paribas (BNPP) reported a fall in first-quarter profit and revenue on Thursday but beat analyst forecasts, as lower expenses and a strong performance in its corporate banking business offset flat or falling revenues elsewhere.

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KUALA LUMPUR (April 25): theedgemalaysia.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close on Thursday (April 25). One stock showed positive momentum, while eight stocks showed negative momentum.

The stock with positive momentum was:

  &nb...

RGT, Notion, BMGreen, Plytec, AlAqar, Sasbadi, QL, Sign, CGB

BEIJING (April 25): Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a "super fast cycle" from May, and that it hopes the use of its platform will expand to other Asian countries and Europe.

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Xiaomi Corp has secured 75,723 orders for its SU7 electric vehicles since last month’s launch, paving the way for the Chinese electronics giant to challenge automakers from Tesla Inc to BYD Co Ltd in the world’s largest car market.

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Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.

The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.

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<p>KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.&nbsp;</p>


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<p>Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.</p>


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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

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<p>Housing and Local Government Minister Nga Kor Ming’s press secretary Pang Sock Tao was announced as the unity government’s candidate for the Kuala Kubu Baharu by-election on May 11.</p>


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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


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<p>RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.</p>


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<p>Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.</p>


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<p>RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.</p>


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<p>Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.</p>

<p>The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.</p>


<p>Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo.</p>


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<p>Benchmark S&amp;P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.</p>


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<p>Visa Inc recently reported impressive fiscal second quarter 2024 results, with net revenue increasing by 10% and payments volume growing by 8%.</p>


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<p>The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.</p>

<p>His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.</p>


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<p>Synergy House Bhd may trend higher after breaking out from its one-week bullish rectangular pattern two sessions ago, to a new all-time high.</p>
