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DESPITE the slowing world economy, German automotive accessories, power tools and automation global conglomerate Robert Bosch GmbH intends to continue investing strongly in Malaysia.
Wholly-owned Singapore subsidiary Robert Bosch (SEA) Pte Ltd's managing director Manfred Seitz said: "There will be no budget cuts in advertising and promotions. We are still investing heavily in sales and marketing and continuing with our RM25 million investment in research and development of tools and in a building.
"While we expect an improvement in the global economy towards the end of this year, business conditions over the next six months could become more difficult." …