Margma hopes govt will extend, expand reinvestment allowance


KUALA LUMPUR: The Malaysian Rubber Glove Manufacturers Association (Margma) has submitted a request to the Finance Ministry for an extension and expansion of the reinvestment allowance in Budget 2019 to enable Malaysia to remain as the leader in the rubber glove industry.

The association said the allowance was particularly important for local glove manufacturers to continue reinvesting huge capital to expand and build modern factories to stay ahead as the industry’s world leader.

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Business , malaysia rubber gloves

   

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