RHB Research upgraded Leong Hup International Bhd (LHI) to “buy” from “neutral".
PETALING JAYA: The anticipated recovery in consumer spending in the second half of the year, aided by government policies and spending and a ramp-up in vaccination, will be a positive driver for the economy.
According to the Malaysian Institute of Economic Research (MIER), consumer sentiment had further rebounded in the first quarter (Q1) of this year to just below the optimism threshold as consumers showed signs of adjusting to the new normal.
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