Wednesday, 10 Jun 2020 07:43 PM MYT
KUALA LUMPUR, June 10 — A joint survey conducted by the Japanese Chamber of Trade and Industry Malaysia and Japan External Trade Organisation showed that most Japanese companies operating in Malaysia are likely to maintain status quo on their investment in the next one to two years, with some planning after Covid-19.
In a joint statement, both organisations said the most popular in terms of “pure expansion and new business development” were in the sectors of food, healthcare, electronic parts for manufacturing business, and logistics and maintenance service for non-manufacturing business. It said slightly less than 30 per cent of companies responded that they were expecting a decline of over 91 per cent year-on-year sales in April, which was under the movement control order period.
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