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May 22, 2025

CPO Futures Decline as Soybean Oil Weakens

Kuala Lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday, influenced by the downturn in the soybean oil market, according to palm oil trader David Ng. Market sentiment was further impacted by concer…

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MMEA Detains Thai Tanker Off Kelantan Coast

Kelantan: The Malaysian Maritime Enforcement Agency (MMEA) in Kelantan detained a suspicious tanker believed to be owned by a Thailand citizen some 100 nautical miles from the Tok Bali estuary on Tuesday. Kelantan MMEA director, Maritime Captain Erwan…

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