MALAYSIA: Soft drinks slowdown predicted
Diversified group, Fraser & Neave Holdings Bhd. (P.FNH), which includes substantial drinks interests, has predicted growth in the soft drinks market to slow to below 5% in the current year to the end of September. Last year, the market grew by 8%. F&N's chief financial officer, Tony Lee, attributed the reduced growth to a lack of consumer confidence caused by the Malaysian economic slowdown.
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