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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.

MyEg defends making clients pay

PETALING JAYA: MyEG Services Berhad is defending its online services as being akin to utilities which have fixed fees determined by the Government.

Glove-makers request reinvestment allowance for Budget 2015

KUALA LUMPUR: The Malaysian Rubber Glove Manufacturers Association (Margma) says the GST is likely to exert cost pressures on production, and as such has called on the Government to provide tax breaks on reinvestment in Budget 2015 to ensure Malaysia’s position as the world’s top glove exporter.

Malaysia sends medical gloves to five African nations affected by Ebola

PUTRAJAYA: The Malaysian Government will send 20.9 million medical rubber gloves to five African nations that are affected by the deadly Ebola virus outbreak.

Glove makers rule out price war

KUALA LUMPUR: Despite oncoming capacity numbering in the billions of gloves, Malaysian rubber glove makers, which produce the majority of the world’s gloves, are ruling out a price war although they say competition is set to intensify.

M'sia glove 2014 exports to top last year's, says MARGMA

KUALA LUMPUR: Malaysia's rubber glove exports in 2014 are expected to top last year's RM10.5bil as demand for gloves grows 8% to 178.6 billion pieces this year, said Malaysian Rubber Glove Manufacturers Association (MARGMA) president Lim Kee Shyan.

Margma sees RM15bil rubber products exports this year

KUALA LUMPUR: The Malaysian Rubber Glove Manufacturers Association (Margma) expects export of rubber products to reach RM15bil this year, exceeding 2013’s figure of RM14.6bil.

Cost rises weigh on glovemakers

PETALING JAYA: The plunge in global rubber prices to almost a five-year low currently may seem like a boon to many rubber glove manufacturers given the cheaper raw material that represents nearly half of their total production costs, which could result in better profit margins in the coming quarters.

Call to increase gas price gradually

PETALING JAYA: Manufacturers and industrial consumers say the move to raise the price of natural gas to the non-power sector should be done gradually and in a more transparent manner.

Tariff hikes benefit TNB and Petronas

IT is not surprising that Tenaga Nasional Bhd’s (TNB) share price soared to new highs over the week following the announcement of an electricity tariff hike for next year.

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