F&B players, retail sector forecast to benefit from Budget 2024


“We anticipate that the new government administration will take proactive steps to recalibrate certain subsidies as the nation transitions into an endemic phase,” said TA Research. — Bloomberg

PETALING JAYA: TA Research expects both retail and food and beverage (F&B) players in the consumer sector to be major beneficiaries of Budget 2024.

The research house said the upcoming budget is poised to strike a balance between fiscal responsibility and the pursuit of inclusive economic growth that will lead to positive prospects in the consumer space.

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