Multiplier effects globally.

Analyst Tina Teng at CMC markets said China's reserve requirement cuts were instrumental in lifting energy and industrial metal prices in general, adding that Chinese industrial output and retail sales data could be market movers later on Friday

SINGAPORE (Reuters) - Oil prices rose to their highest level in 10 months on Friday, after China cut banks' cash reserve requirements to boost its economic recovery, and on expectations that major global interest rate hike cycles were nearing their end.

New Chairman, Penyelamat picorp :)


Progressive Impact Corporation Berhad

"Serving Allah, Respect For The People And Environment"


Board Of Directors

*****DATUK SYED HISHAM SYED WAZIR
Chairman, Independent
Non-Executive Director
Male, Age 69, Malaysia

ZAID BIN ABDULLAH
Executive Deputy
Chairman
Male, Age 71, Malaysia

DATO’ DR. LUKMAN BIN IBRAHIM
Group Executive Director
Male, Age 57, Malaysia

ZAIDAH BINTI MOHD SALLEH
Non-Independent
Non-Executive Director
Female, Age 68, Malaysia

DATO’ HAJJAH ROSNANI BINTI IBARAHIM
Independent
Non-Executive Director
Female, Age 69, Malaysia

KAMARUL BAHARIN BIN ALBAKRI
Independent
Non-Executive Director
Male, Age 60, Malaysia

USAMAH BIN ZAID
Alternate Director To
Zaid Bin Abdullah
Male, Age 39, Malaysia

FATIMAH ZAHRAH BINTI ZAID
Alternate Director To
Zaidah Binti Mohd Salleh
Female, Age 38, Malaysia
Management Team

HAMSIAH BINTI KHALID
Group Chief Financial Officer
USAMAH BIN ZAID
Chief Executive Officer
Alam Sekitar Malaysia Sdn. Bhd
DATO’ DR. LUKMAN BIN IBRAHIM
Group Executive Director
Progressive Impact Corporation Berhad
ABDULLAH OMAR
Chief Executive Officer
Saudi Asma Environmental
Solutions LLC
DR. CHIN TEEN TEEN
Chief Executive Officer
ALS Technichem
(M) Sdn. Bhd
& PT. ALS Indonesia

MALIZA BINTI MOHARI
Manager
Secretarial
NIK AZRAN IZHAR BIN NIK AHAMED
Manager
Facilities and Building Maintenance
ABD. RAZAK BIN MASIRUN
Manager II - Group IT Support
AZLI BIN MD ZIN
Group Senior Manager
Legal, Secretarial and Human Capital
AHMAD SHAHDAN BIN KASSIM
Senior General Manager
Research & Development
NADZRAH BINTI HASHIM
Senior General Manager
GED Office
AZIZAH BINTI SALLEH
Senior Manager
Finance
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DATUK SYED HISHAM SYED WAZIR
Chairman, Independent
Non-Executive Director
Male, Age 69, Malaysia

Date of Appointment: 30 May 2023

Academic/Professional Qualification/Membership(s):

Hastings College of Further Education, UK (1974)
Plymouth University, UK (1979)
Ohio State University, USA (1996)
Fellow of the Institute of Motor Industry (FIMI), United Kingdom
Member of Beta Gamma Sigma of Ohio University
Member of the Ohio University Alumni Society in Malaysia

Experience:
MSM Malaysia Holdings Berhad, Chairman, Independent Non-Executive Director,June 2020 – Present
Bermaz Auto Berhad, Independent Non-Executive Director, December 2016 – Present
SIRIM QAS International Berhad, Independent Non-Executive Director, October 2020 – Present
SIRIM QAS International Berhad, Chairman, November 2017 – September 2020
SIRIM Berhad, Independent Non-Executive Director, July 2017 – September 2019
Puncak Niaga Holdings Berhad, Group Managing Director, November 2015 – July 2016
UMW Holdings Berhad, President & Group Chief Executive Officer, October 2010 – October 2015
Naza Kia Sdn. Bhd. & Naza Kia Services Sdn. Bhd. , Chief Operating Officer, November 2009 – August 2010
Edaran Otomobil Nasional Berhad, Managing Director, May 2005 – August 2009
DRB Hicom Group, Honda Malaysia Sdn. Bhd., President/Chief Operating Officer, 2003 – May 2005
General Manager, Marketing Division, January 2001 – December 2002
DRB-HICOM Export Corporations Sdn. Bhd., General Manager, International Business, April 1998 – December 2000
Proton Cars (UK) Pte. Ltd., Director, 1997 – 1998
Proton Corporations Sdn. Bhd, General Manager, 1995 – March 1998


Progressive Impact Corporation Berhad (PICORP) is a public listed company on the main board of the Bursa Malaysia. Progressive Impact Corporation Berhad (PICORP) Group is Malaysia's Environmental Solution Provider.

The founder's days are numbered, old already, anak2 tak berguna. Appointed a new chairman to help to turnaround or find buyers 😀

@Dehcomic01

Business has its ups and downs so I look at performance over several years to get a better sense of its earnings potential. The sad thing is that over the past 10 years, the ROE has been declining. Unless you have a strong knowledge about how the company is going to turnaround, there are easier companies to look at from a fundamental angle.

17 minutes ago

Wait for your golden day. :)

The rise of the 50-day moving average above the 200-day moving average is known as a golden cross, and can signal the exhaustion of downward market momentum.

Patience is gold.

Some traders who work with 'Support and Resistance' can make use of 'sideways movement' to trade. Basically, you buy near the support level (bottom of the sideways trend) and sell it near the resistance level (top of the sideways trend). The longer the sideways trend, the bigger the movement on the upside...

Perseverance ;)





7201 PICORP PROGRESSIVE IMPACT CORPORATION
Quarterly rpt on consolidated results for the financial period ended 30/06/2023
Quarter: 2nd Quarter
Financial Year End: 31/12/2023
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/06/2023 30/06/2022 30/06/2023 30/06/2022
RM '000 RM '000 RM '000 RM '000
1 Revenue 22,022 19,900 42,553 42,434
2 Profit/Loss Before Tax 1,223 261 2,514 1,120
3 Profit/(loss) attributable to ordinary equity holders of the parent (372) (1,839) (1,787) (3,482)
4 Net Profit/Loss For The Period 1,275 32 1,672 (229)

Accumulation stage now, after leaving consolidation, sideway trend, uptrend restarts ... it enters consolidation from uptrend too

price upward till 35sen enters into consolidation 7-8sen, when it leave, another upward trend,. bertahan ya

Reversal patterns are near, oversold

Double yops pattern back to 35sen later hopefully

7-8sen, support n resistance level reached.

Winners will be those have holding power, cash is king

Awang Adek said the SC intends to customise the standards to align with local requirements.

KUALA LUMPUR: The Securities Commission (SC) is planning to adopt the International Sustainability Standards Board’s (ISSB) global standards to ensure that sustainability becomes an integral part of local corporations, says chairman Datuk Seri Dr Awang Adek Hussin.

He said that at the same time, the SC intends to customise the standards to align with local requirements.

“Malaysia is at a juncture in its development of domestic renewable energy sources as well as a carbon market, thus, we cannot afford to fall short of the environmental, social and corporate governance (ESG) standards.

“We should make full use of the available opportunities,” he said at the Business Foresight Forum 2023 yesterday.

Awang Adek also lauded the launch of the centralised sustainability reporting platform for Malaysian firms to disclose their ESG data by Bursa Malaysia. — Bernama

More Good biz potential 4picorp if the project restarts

The previous alignment was to include seven stations in Malaysia, namely Bandar Malaysia, Sepang-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri, before the track from KL reaches its final destination in Jurong East, Singapore.

The total length of the rail line would have been 350km (335km in Malaysia and 15km in Singapore).

Invest Saudi, a brand overseen by the Saudi Ministry of Investment (MISA), may open an office somewhere in the bay area – the region made up of Hong Kong, Macau and nine Guangdong provincial cities – to augment the promotional mission currently undertaken by its Beijing office, said Saleh Al-Khabti, MISA’s deputy minister for investment transactions.

Good4picorp in Saudi

Saudi Arabia’s investment promotion agency may open an office in the Greater Bay Area (GBA), expanding its presence in southern China to attract capital, technology and talent to support the kingdom’s Saudi Vision 2030, a key official said.

REWARDS
Trading at 32.6% below our estimate of its fair value

KUALA LUMPUR: The Securities Commission (SC) is planning to adopt the International Sustainability Standards Board's (ISSB) global standards to ensure that sustainability becomes an integral part of local corporations, said chairman Datuk Seri Dr Awang Adek Hussin.

He said that at the same time, the SC intends to customise the standard to align with local requirements.

"Malaysia is at a juncture in its development of domestic renewable energy sources as well as a carbon market, thus, we cannot afford to fall short of the environmental, social and corporate governance (ESG) standards.

"We should make full use of the available opportunities," he said in his opening address at the Business Foresight Forum 2023 here, today.

Awang Adek also lauded the launch of the centralised sustainability reporting platform for Malaysian firms to disclose their ESG data by Bursa Malaysia and the London Stock Exchange, saying that it was a positive move.

Furthermore, he said that the synergies and alignment between the Shariah and ESG principles are naturally compatible.

"Indeed, Malaysia is in a unique position to take the lead in sustainable finance by leveraging its expertise in the Islamic Capital Market (ICM).

"Our regulatory frameworks, such as the Sustainable and Responsible Investment (SRI) Sukuk Framework, SRI-Linked Sukuk Framework, and Waqf-Featured Fund Framework, reflect our commitment to both the sustainability and ICM agendas," he said.

He added that waqf is an innovative solution and social finance catalyst that aligns with this commitment to sustainable practices. - Bernama

KUALA LUMPUR: CIMB Group Holdings Bhd has raised its sustainable finance target to RM100 billion by 2024 under the company's green, social, sustainable impact products and services (GSSIPS) framework.

The target was revised after the group achieved its RM60 billion target announced in 2022.

To date, CIMB has mobilised around RM70 billion in sustainable finance since 2021.

The target is complementary to a series of enhanced sustainability commitments which the group announced in 2021.

This includes the aim of achieving net zero greenhouse gas emissions, that include Scope 3 financed emissions by 2050.

"The sustainable finance commitment is guided by CIMB's GSSIPS framework, which serves as an internal taxonomy for the group to deliver impactful sustainable finance.

"In line with the framework, CIMB's commitment includes, among others, green, social and sustainable, as well as sustainability-linked, retail, corporate and commercial financing, trade financing, debt and equity capital markets, wealth management and treasury solutions," it said.

The new target was announced at the opening day of The Cooler Earth 2023.

During the summit, CIMB also announced partnership with Bursa Malaysia to leverage its Bursa Carbon Exchange (BCX) that provides a streamlined platform for high-quality carbon credits trading via standardised contracts.

The collaboration consists of collaborative capacity building initiatives and potential exploration to allow CIMB to conduct carbon credit transactional services via the BCX platform.

This includes the seamless execution of diverse transactional services such as the trading of carbon credits and the retirement of these credits.

Group chief executive officer Datuk Abdul Rahman Ahmad said the threefold increase in its sustainable finance target was attributed to the group's accelerating adoption of environmentally and socially responsible practices.

"This trend is encouraging, and further reinforces our conviction that the transition towards greener and more resilient economies presents significant new opportunities for financial institutions such as banks to grow our business," he said.

just buy from cash desperate or margin players now to reap higher ROI anytime :)

Putrajaya is to spend RM270 billion in the final three years under the 12th Malaysia Plan , as the government aligns the five-plan with the Madani Economy vision.

Unlimited potential for PICORP's nature of Biz.. M&A activities are expected...

#climate change.

Whether we are prepared or not, we are at the precipice of change that cannot be avoided. Despite our interests, we must radically increase our quality of life by changing our economy into a low carbon economy that is filled with jobs that are more fair and democratic.

The green industry revolution or the more comprehensive MADANI Economy does not only give improvements to our lives but also offers a more equal economy that protects the environment £€$¥₩

Big Biz & growth for picorp

Comprehensive review of water management and wastewater treatment in food processing industries in the framework of water-food-environment nexus

More Biz for picorp to do study , etc

manufacturing sector.

The Dewan Rakyat is currently sitting for a six-day special sitting focused on the tabling of the 12MP MTR.

The MTR was carried out to evaluate the achievements of the five-year plan in its first two years (2021-2022) and the direction for the next three years (2023-2025) towards achieving a sustainable, prosperous, and high-income nation, taking into account current domestic challenges and global trends.

More Biz for picorp to test environmental issue, etc

According to the Mid-Term Review of the 12th Malaysia Plan (2021-2025) report released today, it is estimated that the non-radioactive rare earth industry will create 6,550 jobs and contribute RM9.5 billion to the country’s gross domestic product (GDP) by 2025.

It said the National Mineral Policy 2 would be reviewed to provide a more holistic direction to drive the mineral industry development, including non-radioactive rare earth element (NR-REE), bauxite, tin, silica, and kaolin, based on sustainable and responsible principles.

“The non-radioactive rare earth industry will...

According to the Mid-Term Review of the 12th Malaysia Plan (2021-2025) report released today, it is estimated that the non-radioactive rare earth industry will create 6,550 jobs and contribute RM9.5 billion to the country’s gross domestic product (GDP) by 2025.

It said the National Mineral Policy 2 would be reviewed to provide a more holistic direction to drive the mineral industry development, including non-radioactive rare earth element (NR-REE), bauxite, tin, silica, and kaolin, based on sustainable and responsible principles.

“The non-radioactive rare earth industry will...

not much shares for sales :)

Best Sell
Position

Price

Volume

Orders

1

0.08

1,729,300 = RM138,344

34

2

0.085

1,723,900=RM146,532

29

3

0.09

984,800 =RM88,632

14

4

0.095

614,500=RM60,943
11

5

0.10

1,152,400=RM115,240

19

the report stated that the electricity subsector will be enhanced by increasing renewable energy (RE) capacity with a target of 31 per cent in 2025, in line with the Big Bold HGHV Industry based on Energy Transition.

KUALA LUMPUR: Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven by domestic demand, particularly private sector expenditure.

According to the Mid-Term Review of the 12th Malaysia Plan (12MP MTR) 2021-2025 report, tabled in Parliament today, the gross national income (GNI) per capita in current prices is projected to increase by 4.6 per cent per annum to RM61,000 or US$14,250 in 2025.

KUALA LUMPUR: CIMB Group Holdings Bhd (CIMB) is raising its sustainable finance target to RM100 billion by 2024 under its Green, Social, Sustainable Impact Products and Services (GSSIPS) Framework.

Group chief executive officer Datuk Abdul Rahman Ahmad said CIMB has seen an acceleration in sustainable finance across the markets it operates in, with the growing awareness and adoption of environmental, social and corporate governance (ESG).

He noted that the group had surpassed its previous sustainable finance target of RM60 billion, having mobilised close to RM70 billion sustainable finance to-date since 2021.

"Accordingly, we are pleased to announce our higher sustainable finance target of RM100 billion by 2024, driven by the accelerating adoption of environmentally and socially responsible practices among our clients,” he said in his welcoming remarks at the Cooler Earth Sustainability Summit 2023 today.

He added that the trend is encouraging and further reinforces the group’s conviction that the transition towards greener and more resilient economies presents significant new opportunities for financial institutions such as banks to grow their business.

In line with the GSSIPS framework, CIMB’s commitment includes green, social and sustainable financing, as well as sustainability-linked, retail, corporate and commercial financing, trade financing, debt and equity capital markets, wealth management, and treasury solutions.

Abdul Rahman said CIMB is also strongly committed to playing a leading role in green and transition finance across the ASEAN region.

"In driving this commitment forward, we will continue to introduce and promote innovative solutions to support our client’s goals and ambitions in the transition towards a greener and more sustainable future,” he said.

He also announced that CIMB has entered into a Memorandum of Collaboration with Bursa Malaysia Securities Bhd to leverage its Bursa Carbon Exchange (BCX) which provides a streamlined platform for trading high-quality carbon credits through standardised contracts.

Abdul Rahman said the strategic partnership would feature collaborative capacity-building initiatives, aimed at deepening the understanding of voluntary carbon markets and improving clients' accessibility to carbon credits.

"It will also explore the possibility of enabling CIMB to effectively conduct carbon credit transactional services on behalf of our clients via the BCX platform,” he said.

In his speech, he lauded the Malaysian government’s recent policy announcements which are aimed at not just delivering on the country’s ambition to achieve Net Zero by 2050 but also adopting sustainability as a key strategy to transform Malaysia’s economic growth.

Abdul Rahman said the National Energy Transition Roadmap (NETR) would open up investment opportunities of up to RM1.85 trillion by 2050 from 10 wide-ranging catalytic initiatives, to enable the export of renewables, as well as create over 23,000 high-impact jobs.

At the same time, the New Industrial Master Plan 2030 (NIMP) aims to revitalise the country's manufacturing sector and increase its value-added turnaround to RM587.5 billion by 2030, while striving for a net-zero future, he said. - Bernama

KUALA LUMPUR: The domestic market could be poised for a rebound following the conclusion of the Johor weekend by-elections although investor anticipation of further developments on the political scene may cap upside potential on the market.

Malacca Securities Research said in a note it expects the market to perform better in the near term as the Johor by-elections maintained the status quo while the positive rebound on Wall Street could spill over to stocks on the local front.

At 8sen, market cap rm53mil only.

A tiny amount today

Once breakthrough 10sen, aggressive chase would follow

Bagus, Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London

KUALA LUMPUR: The London Stock Exchange Group (LSEG), fresh from the official opening of its flagship office here, has reiterated its commitment to stay for the long-term in the country.

Having emphasised on the importance of talent in its recruitment policy, Malaysia has been a strategic find, according to Asia-Pacific managing director and group head of sales for the global market infrastructure solutions David Day.

Despite the potential political ebb and flow that has been occurring in the country, the LSEG is committed to stay in the country, he added.

kini 8sen... a soild company unlike knm... picorp could rebound much stronger

CLIMATE CHANGE

- Need to accelerate efforts to phasedown unabated coal power, in line with national circumstances

- Will work towards facilitating low-cost financing for developing countries to support their transition to low carbon/emissions

- Will pursue and encourage efforts to triple renewable energy capacity globally through existing targets and policies, in line with national circumstances by 2030

- Reiterate our commitment to take action to scale up sustainable finance

- Reiterate use of carbon pricing and non-pricing mechanisms and incentives toward carbon neutrality and net zero

- Recognise need for increased global investments to meet our climate goals of the Paris agreement

- Note need of $5.8-5.9 trln in pre-2030 period required for developing countries, in particular for their needs to implement their emission targets

- Calls on parties to set an ambitious, transparent, and trackable New Collective Quantified Goal of climate finance in 2024, from a floor of $100 billion a year

https://asia.nikkei.com/Spotlight/G-20-summit-2/G20-New-Delhi-Leaders-Declaration-highlights

Bila sudden jump close at 10sen, mau fly dah.. sabar ya

Baguslah, picorp juga pakai EY, Big 4 juga..




Deloitte increased its global revenue by 15 per cent in the past year, as new work advising companies on their environmental impact and auditing their ESG data helped offset a sharp slowdown in advice on mergers and acquisitions.

Figures released on Thursday showed the firm extending its lead as the largest of the Big Four professional services giants, with revenue of $64.9bn in the year to May 31.

Knm pun dah balik 12sen, picorp takda masalah macam knm :)

Weakness in short term price is great for long term gain...

Bottom up strategy

Tak pasti private placement to ahli keluarga diraja arab saudi... all is well

Hovering about 8sen, just be patient... any triggers would bring above 10sen

To clear all shares from 8sen to 10sen, just RM few hundred Ks only.

Wait for a trigger, back to double digit anytime

Rising price & volume :)

2023-09-07 0.075 0.08 +0.005 (6.666%) 3,837,400
2023-09-06 0.075 0.075 +0.005 (7.142%) 817,000
2023-09-05 0.075 0.07 -0.005 (6.666%) 200,000
2023-09-04 0.07 0.075 +0.005 (7.142%) 2,817,700
2023-09-01 0.07 0.07 0.00 (0.00%) 1,090,000
2023-08-30 0.07 0.07 -0.005 (6.666%) 226,700
2023-08-29 0.07 0.075 0.00 (0.00%) 2,451,700
2023-08-28 0.07 0.075 0.00 (0.00%) 1,094,100
2023-08-25 0.075 0.075 0.00 (0.00%) 1,220,800
2023-08-24 0.07 0.075 +0.005 (7.142%) 1,368,500
2023-08-23 0.075 0.07 -0.005 (6.666%) 2,690,000
2023-08-22 0.075 0.075 0.00 (0.00%) 1,670,800
2023-08-21 0.075 0.075 0.00 (0.00%) 571,000
2023-08-18 0.075 0.075 0.00 (0.00%) 4,293,100
2023-08-17 0.075 0.075 0.00 (0.00%) 238,200
2023-08-16 0.075 0.075 -0.005 (6.25%) 10,000
2023-08-15 0.08 0.08 0.00 (0.00%) 233,000
2023-08-14 0.08 0.08 0.00 (0.00%) 675,200
2023-08-11 0.08 0.08 -0.005 (5.882%) 3,369,300
2023-08-10 0.075 0.085 +0.01 (13.333%) 1,447,600
2023-08-09 0.08 0.075 0.00 (0.00%) 97,300
2023-08-08 0.08 0.075 0.00 (0.00%) 17,000

Indeed, environmental ESG (Environmental, Social, and Governance) businesses can have significant growth potential. As society becomes increasingly aware of environmental issues and governments implement stricter regulations, there is a growing demand for sustainable and eco-friendly products and services. Companies that prioritize environmental sustainability can tap into this expanding market, attract socially conscious investors, and benefit from long-term profitability. However, success in the environmental ESG sector also depends on effective management, innovation, and staying aligned with evolving environmental standards and consumer preferences.

7.5sen cleared ~ 4mil shares, next 8sen to be cleared cheers

Ytl from 50sen+ ->rm1.4++, hope picorp''s turn :)

Progressive Impact Corporation Berhad (PICORP) is good at environmental testing and monitoring services because of the following factors:

Experience: PICORP has been in the environmental testing and monitoring services industry for over 30 years. This gives them a wealth of experience and expertise in a wide range of environmental testing and monitoring services.
Expertise: PICORP has a team of experienced and qualified environmental engineers and scientists. This ensures that they have the skills and knowledge to provide accurate and reliable environmental testing and monitoring services.
Technology: PICORP uses state-of-the-art equipment and technology in their environmental testing and monitoring services. This ensures that they can provide accurate and reliable results.
Accreditation: PICORP is accredited by the Malaysian Accreditation Council (MQA). This means that their environmental testing and monitoring services meet international standards of quality.
Customer service: PICORP is committed to providing excellent customer service. They have a team of dedicated customer service representatives who are available to answer any questions or concerns that you may have.
In addition to the above factors, PICORP is also committed to sustainable development. They believe that environmental protection is essential for the future of our planet. PICORP is committed to providing environmental testing and monitoring services that help to protect the environment.

Here are some of the specific environmental testing and monitoring services that PICORP offers:

Air quality testing
Water quality testing
Soil testing
Noise pollution testing
Hazardous waste management
Environmental impact assessments
Environmental auditing
Environmental management systems
PICORP also offers a variety of other environmental services, such as:

Environmental consultancy
Environmental training
Environmental remediation
Environmental project management
PICORP is a leading provider of environmental testing and monitoring services in Malaysia. They are committed to providing accurate, reliable, and sustainable environmental services to their customers.

environmental testing and monitoring services, including:

Air quality testing
Water quality testing
Soil testing
Noise pollution testing
Hazardous waste management
Environmental impact assessments
The environmental testing and monitoring services industry is a growing and important sector of the Malaysian economy. The industry is expected to continue to grow in the coming years, driven by a number of factors, including increased government regulations, growing awareness of environmental protection, and expanding infrastructure projects.

The environmental testing and monitoring services industry in Malaysia is expected to recover in 2023, after being hit hard by the COVID-19 pandemic in 2020 and 2021. The pandemic caused a slowdown in economic activity, which led to a decrease in demand for environmental testing and monitoring services. However, the industry is expected to rebound in 2023, as the economy recovers and businesses resume operations.

The growth of the environmental testing and monitoring services industry will be driven by a number of factors, including:

Increased government regulations on environmental protection.
Growing awareness of the importance of environmental protection among businesses and consumers.
Increasing investment in infrastructure projects, which will require environmental impact assessments.
Expansion of the manufacturing sector, which will generate more pollution and require environmental monitoring.
The COVID-19 pandemic has also created new opportunities for the environmental testing and monitoring services industry. For example, there is a growing demand for testing and monitoring services for COVID-19, such as testing for the virus in the environment and in employees.

The environmental testing and monitoring services industry is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2027. The growth of the industry will be driven by the factors mentioned above, as well as the increasing focus on sustainability and green initiatives.