Patiently waiting for 2nd QTR, results. There is of course possibility of further developments TauRx. I hear that application to seek regulatory approval is in the process.
When it comes it will move very quickly. My friend went to RWLV, the occupation is high and hotel is very busy....all this means the results will much better quarter gone. Does one sell on small gains or wait for the real gain?
Don’t worry. Covid is like Flu. Covid and Flu will be around forever. You see Flu never went away after how many thousands years??? The Genie is out of the bag. Cannot stop that Genie already. Too late.
China-developed neutralizing antibody combination COVID-19 therapeutic drugs have been made available for commercial sale. The drugs are effective in combating the fast transmitting BA.4 and BA.5, industry experts said on Friday.
Nonfarm payrolls increased 372,000 in the month, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics.
economy growing with inflation and war and stunted china its obvious china don want to save the world again after blamed for covid its timeeee to get revenge and so we are suffering because china stop helping
KUALA LUMPUR (July 9): The country’s economy is expected to have continued to strengthen in the second quarter of this year (2Q22) following the encouraging gross domestic product growth of 5% in the first quarter, including continued improvement in wholesale and retail trade, according to Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
According to him, the economy is gradually improving and has started to expand based on various indicators for May 2022.
To accelerate the recovery momentum, the Ministry of Finance has kick-started engagement sessions in an effort to establish measures that take into account the needs of various stakeholders, according to the minister.
“Budget 2023 will emphasise structural reforms and boosting economic resilience. With its theme of ‘Strengthening Recovery, Facilitating Reforms Towards Sustainability of Economic Resilience and Well-Being of Keluarga Malaysia’ (the Malaysian Family), the government will continue to focus on the well-being of the people, businesses and economy,” he said in a statement on Saturday (July 9).
Based on the latest developments, he said, the country is set to achieve the forecast growth of 5.3% to 6.3% in 2022, in line with the projections made by the International Monetary Fund (a 5.75% growth) and World Bank (5.5%).
Among the May 2022 indicators that pointed to an improvement in the country’s economy was a drop in the number of unemployed people to 637,700 from 649,300 in the preceding month, with the national unemployment rate remaining at 3.9%.
He also noted that labour market recovery continued to stabilise in May 2022 in tandem with higher demand for goods and services.
“This has also given more opportunities for businesses to generate revenue once more as reflected in recent retail and wholesale trade figures,” he said.
The finance minister also said that the Industrial Production Index for May was up by 4.1% year-on-year (y-o-y), driven by electrical and electronics products (up 15.5%).
“This was in line with manufacturing sales amounting to RM142 billion [in May], a 15.7% y-o-y increase,” Tengku Zafrul said.
The country’s trade performance has also remained resilient and maintained its growth momentum. Trade increased 33.6% y-o-y to to RM228.4 billion in May, the 16th consecutive month of double-digit growth since February 2021, he noted.
Moreover, he said, May 2022 data showed wholesale and retail trade recording the highest sales since 2013, growing 19.9% y-o-y to RM129.8 billion.
“This showed a recovery in domestic demand which continued to strengthen,” he added.
Can any one in this forum particularly the experts who celebrate every time Genting price goes down, explain the huge disparity in performance between Genting ADR quoted in US in OTC and Genting B in Malaysia? The difference is huge, ADR one is up circa 90%? I am have my own views but like to hear from the bear experts!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KooSan
364 posts
Posted by KooSan > 2022-07-07 21:59 | Report Abuse
Agree....4.50 coming