Good prospects for courier firms

Activity fell in Malaysia and Taiwan, a sign the U.S.-China trade conflict's impact on the rest of Asia was broadening.

PETALING JAYA: Earnings prospects for courier companies will remain resilient on anticipated robust growth and a low base.

According to RHB Research, demand could be driven by the entry of more new players into the online retail space and as these players continue to aggressively discount their products given they also have lower operating costs compared to traditional retailers.