less accommodative in their monetary policies. Looking forward, global interest rates are therefore likely to be on an upward trend. Amid the trade rift which may make the global economic recovery
tax cut packages and accommodative fiscal policy. Broadly speaking, both developed and developing economies, excluding China, showed signs of improvement in concert. Looking forward, the global economic
deployment strategies. All of this is in line with our imperatives towards becoming a world-class, well-diversified, growth-oriented global chemicals Company. Going forward, each of our segments necessitates
forward, any improvement in the global economy will mainly hinge on the above factors. As a result, several central banks are expected to maintain their accommodative stance. Even though the Federal Reserve
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, securities regulations and corporate governance codes throughout the region. According to William Danvers, Deputy Secretary-General of the OECD, corporate governance in Asia is of global importance to promote
economic uncertainty, including as a result of global pandemics. As such, undue reliance should not be placed on the forward-looking statements contained herein. Any forward-looking statement is based on
implications for the economy have been severe. Asia is openly exposed to the world economy through flows of goods, labour, capital and people. Therefore, Asian economy is highly dependent on the global trade
sustainable advantages for the longer term. These include signing off on a single source of truth with ONE ERP across our businesses, setting up a global shared services center in India, taking a deep dive into
weak global demand, especially exports of Epichlorohydrin decreased caused by lockdown restrictions in several countries. Analysis of Cost and Expenses 1. In Q2 2020, Cost of sales was 2,898 MTHB