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"For businesses, the more they devote to innovation, the greater the risks will be. Thus, it is important to ensure their innovation benefits could be fully protected," he said.

"For a skiing resort like us, the cost of operation is far from being recovered. The resort is still doing maintenance work, and it is ready to re-open anytime, depending on the conditions of epidemic controls,"Genting Resort Secret Garden said.

"Fish remained the only non-mineral products among the top five list of exports. On the other hand, the import basket comprised mainly of non-ferrous metals, petroleum and petroleum products; metalliferous ores and metal scrap, vehicles and inorganic chemicals," he added.

"For gold company transactions, acquisition prices, relative to the prevailing gold price, were on average at the lowest level since 2011 and the second lowest since 1998," it said. The bank said it sees production profiles under pressure and reserves in decline after years of underinvestment.

"Going forward, we plan to maintain a balanced growth strategy and strive for profitability by continuing to leverage our technology-enabled integrated supply chain and logistics service model. We will lay emphasis on e-commerce, invest in technology application and automation, and capture revenue and cost synergies across multiple business units," said Chou.