Positive outlook for essential goods business

PETALING JAYA: The government will likely continue its cash aid programme in the upcoming Budget 2024 to help ease the burden of the lower-income group, particularly the Bottom-40 (B40) segment.

This is expected to lift the general demand for essential food and beverage (F&B) products in the country, and as such, should benefit companies in the essential goods business, according to TA Research.