Govt to ensure rubber sector remains resilient


MRC's Chief executive officer Nor Hizwan Ahmad said glove manufacturers should switch their focus to the non-medical industry players as their potential and key clients to make the industry much more lucrative and continue to thrive rather than focusing on the healthcare sector.

KUALA LUMPUR: Latex goods accounted for 83.1% of Malaysia’s total exports of rubber products in the first quarter of 2022, with the glove sub-sector remaining as the largest export revenue generator for the industry.

The glove sub-sector, however, showed a decrease of 66.2%, equalling to RM6.04bil in the first three months of this year, from RM17.86bil in the same period in 2021, the Malaysian Rubber Council (MRC) said in a statement.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MRC , rubber , glove makers ,

Next In Business News

Bursa Malaysia-Teraju team up to boost Bumiputera IPO participation
Dayang records higher 4Q net profit
Dialog continues positive turnaround
Heineken Malaysia delivers steady FY25 earnings
Toll highway segment drives Taliworks’ 4Q revenue
CPO futures likely to trade between RM3,800-RM4,000 per tonne until July 2026
Carlsberg Malaysia posts record net profit of RM376mil in FY25
Perdana Petroleum posts lower net profit of RM56.09mil in FY25
Pos Malaysia welcomes MyCC review, flags competition concerns
INSKEN leverages AI to empower entrepreneurs in high-value sectors

Others Also Read