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Business 14 Oct 2009 | 12:00 AM

FBM KLCI rises at mid-day

The FBM KLCI surged 11.76 points or 0.95% to 1,245.27 at mid-day Wednesday on selective buying of key blue chips.

Business 09 Oct 2009 | 12:00 AM

Top Glove to beef up capacity

PETALING JAYA: Top Glove Corp Bhd, the world's largest glove manufacturer, expects its two new factories to beef up production capacity by 10% next year, said executive director Lim Cheong Guan.

Business 19 Aug 2009 | 12:00 AM

Malaysian market rebounds after morning decline

PETALING JAYA: The FTSE Bursa Malaysia KLCI (FBM KLCI) staged a strong rebound in the afternoon trading session yesterday after a sharp decline in the morning.

Business 10 Aug 2009 | 12:00 AM

KLCI close higher

KUALA LUMPUR: Malaysian key market benchmark fluctuated in and out positive territory on Monday, before closing higher for a third day in a row. Rubber glove makers hogged the limelight.

Business 05 Aug 2009 | 12:00 AM

Possible rubber price increase in the mid-term

PETALING JAYA: Malaysian rubber grade SMR 20 and latex-in-bulk are expected to trade higher in the mid-term as demand for natural rubber picks up due to soaring crude oil prices which makes synthetic rubber more expensive, dealers said.

Nation 15 Jul 2009 | 12:00 AM

Hire retrenched workers first, factories told

KUALA LUMPUR: Companies will not be allowed to recruit foreign workers until they re-hire all the local staff they retrenched.

Business 14 Jul 2009 | 12:00 AM

Margma: Expedite approval of foreign workers

KUALA LUMPUR: The Malaysian Rubber Glove Manufacturers#8217; Association (Margma) is urging the authorities to expedite the approval of foreign workers for glove manufacturers.

Business 11 Jul 2009 | 12:00 AM

Supermax posts net profit of RM26m in Q2

PETALING JAYA: Supermax Corp Bhd's net profit for its second quarter ended June 30 surged 90.6% to RM25.78mil from RM13.53mil in the previous corresponding period due to higher contribution from the wholly owned distribution centres of its associate companies.

Business 06 Jul 2009 | 12:00 AM

The PM's global goals

WHILE fund managers shift in their views of a world swaying between recovery and recession, Prime Minister Datuk Seri Najib Razak declared last week that Malaysian companies should go global nonetheless, with Felda Global as the latest government-linked aspirant.

Business 30 May 2009 | 12:00 AM

Passing on rising costs to customers

GLOVE makers faced a triple whammy last year in the form of higher latex price and an upward revision in gas and power rates. To offset the rising production cost, they raised the prices of their products three times.