Poh Kong counts on rebound in consumption

The board is confident the group has put in place adequate measures to meet the challenges ahead.

PETALING JAYA: Poh Kong Holdings Bhd expects a strong rebound in consumption to drive further expansion in the Malaysian economy this year.

“To sustain recovery, the government is attempting to address the economic impacts by gradually rebuilding fiscal buffers through increased revenue collection and greater spending efficiency,” it said in a filing with Bursa Malaysia.