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Sectors that can cope with recession

COMPANIES with research and development (R&D) and design and development (D&D) will have little difficulty recovering from the pending global recession, said investPenang executive committee chairman Datuk Lee Kah Choon.
He said sectors that would do well included equipment manufacturing, high-end test machine products, electronics and medical devices.
“In Penang, we have encouraging news, especially from the medical devices sector which is recession-proof,” he said.
Lee said the manufacturing industry would normally “ride it out through good and bad times”.

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