Malaysian herbal industry poised to hit RM32b market value in 2020

KUALA LUMPUR, Oct 28 — The market value of the herbal market in Malaysia is expected to reach RM32 billion next year, with an annual growth of eight to 15 per cent, said the Ministry of Entrepreneur Development.

Its minister, Datuk Seri Mohd Redzuan Yusof, said the high market value is due to significant attention from governments and international corporations which invest more for traditional herbal medicine research, making the worldwide annual market worth more than US$60 billion (RM251.1 billion).

“China, India, the United States and the World Health Organisation have made substantial research investments in traditional herbal medicines while 80 per cent of the African population use some form of traditional herbal medicine.

“In this regard, it is our firm belief that research and development is the key factor to further expand the growth of the herbal industry in Malaysia,” he said in his speech at the launch of the Herbal Asia Conference 2019 here today.


The text of his speech was read by the ministry’s secretary-general, Datuk Wan Suraya Wan Mohd Radzi.

Mohd Redzuan urged local research institutes, universities as well as small and medium enterprises (SMEs) to be involved in and explore the potential market in the herbal industry as continued growth of the industry offers opportunities to the industry players, especially farmers and young entrepreneurs.

The two-day Herbal Asia Conference 2019, which is organised by GITEX Global Exhibition Services (M) Sdn Bhd, showcases the latest herbal, natural and green products as well as services technology.

The conference brings together various herbal industry players such as manufacturers and experts from countries in the region such as Thailand, Brunei, Indonesia as well Uganda, Tonga and Namibia.

In conjunction with the launch, two memoranda of understanding (MoUs) were signed by Herbal Asia — with GoGo Empire Sdn Bhd to create GrabHerbs mobile application as well as with PICOMS International University College who have 1,000 pharmaceutical students who will benefit from the GrabHerbs mobile app.

Founder of Herbal Asia, Safinah Yaakob, said in today’s challenging economy, the conference focused more on the survival of herbal entrepreneurs, in line with the National Entrepreneurship Policy 2030.

More importantly, she said, the conference would be able to assist women entrepreneurs and students in grabbing future career opportunities because the herbal products can be created and sold from home and all they need are certified professionals to guide them to tap the market. — Bernama

a very good information , should read .

https://youtu.be/uqlp9vi_xVc

now is good time to accumulate

year 2009 QL share price same with bioalpha

i dont find any reasons to sell

at least night can sleep very well

relax

calm down , now a lot counter too crazy . once music stops . no eye see.

retailers selling for few cents gain , big player selling for few hundrends percentage gain .
few drops will let them panic cant sleep whole night .

look at the volume , only retailers is selling . big player is accumulate .

fund sapu

we cant control the shark , trade in the fundamental stock wont be wrong .

more time to accumulate mean more high will go afterwards

relax , patient pay rewards.

maybe angel investor , KYY and cold eye is buying , nobody know . its fulfill all their stock selection criteria .

not likely to stay at penny stock soon

dont rely to tips , not reliable .

its time up up again

relax , son wait for mother together first before fly

even limit twice to o cheap to ignore

constant pharmacy going to community like caring . this definitely will boost bioalpha profit in future .

well said mdrecap we are at the same frequency .

look for big picture , dont just few cents then take profit .

before release report , it will push up for chartist to chase . once analyze come out , push high again . last will be company QR report , news and corporate exercise to take it to sky.

keep it , its a wild card .

still in early phase upward , potential is huge .

this is a GEM

TP 1

small players cant change anythings except adapt to big players game rules

company cant push alone without fund and big players . they need to cooperate together .

once fund accumulate enough , there will release report with high TP . To transfer to main board and bonus issue , there need to push high.

gambling or investing , better make it clear .

cool down cool down .haha . let them sell , greedy emotion already control their mind. just want fast money.

just sell and go away la . dont come back

just sell it and go away

those no confidence just sell lo

then sell it . ask yourself what the reason you buying

this is fundamental stock

then sold all please .

TP 1.0

sure got news or not . don't mislead others people got such such news for your own benefit.
this will cause a lot contra players , share price will unstable . haizzz

dont worry, what will come definitely will come .
just dont do too much unnecessary buy sell buy sell buy sell .
sit and wait for the blossom if you confidence for his prospect.

bursa close fri not tmr

please lah, dont be another insidertips lah

there is no sifu here and there.Trade with caution.
Dont blindly follow .

too cheap to ignore even limit twice.

getting this huge contract , must be something to do with government and PNB strategy . the first day 2.1B trade , obviously is collect by big fund. i think this is just the starting . the potential gonna massive if everything going well . it will be a game changer for bioalpha.

a lot of so call sifu giving tips buy and sell. beware .
i already warn . dont blindly follow. do your judgement.

4pm force selling finish done , time to move up