You are here

Top Malaysian fund shuns consumer companies

Kuala Lumpur

MALAYSIA'S top-performing equity fund manager has been trimming holdings of consumer companies on concern the country's new consumption tax will fuel a decline in household spending.

The slump in consumer purchases will probably last another two quarters after data...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes