The Week That Was - Trade up, Kossan Rubber, IPO, vaccines


UNITED STATES drugmaker Pfizer Inc this week raised its full year sales target by a third to US$33.5bil (RM141.37bil) after Covid-19 vaccine sales almost doubled to US$7.8bil (RM33bil) in the second quarter.

Trade up but domestic demand weakens

DESPITE the lockdown and business restrictions, Malaysia’s trade activity surprised on the upside with a robust 10% month-on-month (m-o-m) growth in June to RM189bil, just RM2bil short of April’s high.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Trade , Kossan Rubber , IPO , Bursa , vaccines , Pfizer ,

   

Next In Business News

KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say
Oil prices on track to snap two-week losing streak

Others Also Read