F&N to monitor overseas markets amid Covid-19


By DALJIT DHESIMy

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.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Kerjaya Prospek unit bags contracts with combined value of RM34.43mil
Singapore Sept core inflation at 2.8% y-o-y
Slight gains for KLCI as uncertainty prevails
Gamuda extends rally by over 2% as Taiwan job win lifts
Investors remain on the sidelines as Wall St stocks end mixed
Ringgit rebounds slightly vs US$ in early trade
Trading ideas: Gamuda, Bahvest, Teo Seng, Green Ocean, HSS Engineers, Ge-Shen, Willowglen, Globetronics, Wasco, Life Water
Wall St ends flat as investors digest yields, earnings
SME Association: Address minimum wage concerns
HSS inks JV deal with Opus International

Others Also Read