F&N to monitor overseas markets amid Covid-19

The company said headwinds in the financial year 2020 (FY2020) would include macro-economic uncertainties induced by the US-China trade war and the geo-political tensions in the Middle East. For its overseas markets, the newly established subsidiary in Dubai, F&N Mena, would help to increase and deepen its presence in the Middle East and North Africa region

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) is keeping track of the coronavirus (Covid-19) outbreak and its impact on its overseas markets, notably in Hong Kong and China amid volatile raw material prices.

Responding to StarBiz queries, the company said due to the pandemic, F&N is closely monitoring the global economic uncertainties on its exports business.