Transportation and logistics to see recovery

Meanwhile, the Malaysian Aviation Commission is projecting the country’s air passenger traffic to rebound by 94.2% to 100.3% year-on-year in 2021, which is largely in line with AmInvestment Research’s forecast of a 100% traffic rebound for both AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) in 2021.

PETALING JAYA: The transportation and logistics sector is projected to see a better year, as global trade and travel recover with Covid-19 vaccination programmes getting underway worldwide, says AmInvestment Research.

The research unit has upgraded the transportation and logistics sector to overweight from neutral previously.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/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

Masimo Malaysia invests RM100mil to set up production facility in Johor
CIMB Islamic and PETRONAS sign inaugural Tahawwut Master Agreement for Islamic commodity derivatives
Cryptoverse: Asian traders give bitcoin blast-off
Stocks slide as China's NPC underwhelms, bitcoin nears peak
Thai Feb headline CPI falls for fifth straight month
Solarvest to install solar power systems in 300 PETRONAS stations
Crest Builder secures RM448.5mil commercial development contract
FBM KLCI shaves 16 points as selling picks up speed
Keyfield inks underwriting agreement
InvestKL secures record-setting RM8.7bil in FDI for 2023

Others Also Read