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Leveraging key strengths to thrive in global market
KUALA LUMPUR: While the world is still reeling from the effects of the Covid-19 pandemic, it is imperative that Malaysian businesses actively seek opportunities for growth in the global market, especially in areas with exponential potential – such as the halal industry – that the country already has an advantage in.
Tyson Foods buys 49% of MFM’s poultry business
RM420mil investment to increase halal products
US-based Tyson Foods buys 49% stake of MFM's poultry business for RM420m
KUALA LUMPUR: US-based Tyson Foods, Inc will invest RM420mil in Malayan Flour Mills Bhd's vertically integrated poultry business.
Pharmaniaga confident of getting approval soon
Group asked to offer an extra two million doses of CoronaVac
Pharmaniaga to supply vaccines to private sector
This will happen by second half of the year
F&N to weather uncertain times
KUALA LUMPUR: Kenanga Research has tapered its earnings estimate on Fraser & Neave Holdings Bhd amid the resurgence of Covid-19 cases and higher commodity price trends but it expects the group to weather the uncertain times.
Tax incentives lift F&N net profit in Q1Â
KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) reported lower revenue and operating profit in the first quarter ended Dec 31 due to Covid-19 challenges and higher raw material prices, but tax incentives enjoyed in Thailand boosted the group's bottomline.
Kenanga forecasts higher orders for Kelington in FY21
KUALA LUMPUR: Kenanga Research has upgraded its outlook on Kelington Group Bhd on expectation of another year of record high orders.
F&N looks towards halal food as new pillar of growth
KUALA LUMPUR: Fraser & Neave Holdings Bhd is planning for halal food to be a new pillar of growth following its acquisition of the producers of the Nona and Lee Shun Hing brands.