Glovemakers optimistic of global demand growth

PETALING JAYA: The Malaysian Rubber Glove Manufacturers Association (Margma) is optimistic that the global demand for rubber gloves will continue to grow at a rate of 8% to 10% for 2015, amid the weakening of the ringgit against the US dollar.

President Lim Kwee Shyan said although the Malaysian rubber glove industry was slightly affected last year on the backdrop of a sluggish economy, the industry was expected to be resilient this year, fuelled by the increase in global demand.