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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
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.
HANOI (Vietnam News): Vietnam's pushback of the Covid-19 pandemic has helped shrimp exporters raise their competitiveness on the world market, overtaking competitors such as India and Ecuador, which are still struggling with the outbreak and not yet able to return to normal production.
JAKARTA, May 28 (The Jakarta Post/ANN) - The Indonesian automotive industry remains attractive for current and future investment in the region with low labor costs and favorable production growth, Fitch Solutions has stated.
PETALING JAYA: MSM Malaysia Holdings Bhd has proposed to consolidate its refined sugar production by relocating its factory operations in Chuping, Perlis to Tanjung Langsat, Johor.
BINH DINH, Vietnam (Vietnam News/ANN): The central province of Binh Dinh has asked the Prime Minister to allow local businesses to continue exporting titanium inventory of about 455,000 tonnes.
KUALA LUMPUR: IOI Corporation Bhd posted net profit of just RM100,000 in the third quarter ended March 31,2020 versus RM245.80mil a year ago due to the foreign currency translation loss and lower contribution from all segments.