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BEIJING: China's factory activity likely rose for a third straight month in May as the economy recovered from strict lockdowns implemented to contain the coronavirus outbreak, which has hammered global business activity.
BANGKOK (The Nation/ANN): Standard Chartered Bank today (May 28) said it remains conservative on Thailand’s economic outlook, even as positive signs emerge with the possibility of a further policy rate cut to below 0.25 per cent.
KUALA LUMPUR: Power Root Bhd's defensive earnings and solid balance sheet should help it sail through the difficult short-term, especially after announcing a solid performance for FY20, says Kenanga research.
PETALING JAYA: FGV Holdings Bhd, which suffered bigger losses in the first three months of this year, is targeting a better financial performance in 2020 than last year despite the current challenging business environment due to the outbreak of the coronavirus (Covid-19) pandemic.
Various initiatives being planned for an economy in transition
PETALING JAYA: The outlook for MSM Malaysia Holdings Bhd is expected to remain challenging, as the lower demand for refined sugar in an overcapacity industry will take a longer time for the group to turn around its business from a loss position.
BANGKOK (The Nation/ANN): Thailand is in a position to resume export of eggs as the current production exceeds domestic consumption, Department of Internal Trade director-general Wichai Phochanakit said.
KUALA LUMPUR: Despite a dismal first quarter, FGV Holdings Bhd is looking forward to a better second half of 2020 with a pick up in both fresh fruit bunch (FFB) production and overall performance.