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Affin bullish on Kossan Rubber

Affin Investment Bank: OUR recent meeting with Kossan Rubber Industries Bhd’s management reaffirmed our positive view on the company.


Smallholders are set to increase income with the use of stimulant latex

MARAN: About 1.5 million rubber smallholders will enjoy an increase in income by a few percent with the increase production by using the stimulant latex.


Malaysia's success has been the result of sound Govt efforts and resilient people

KUALA LUMPUR: Following Malaysias independence, the 1960s saw the country go through a period of reconstruction and growth, as efforts were made by the Government to promote agricultural diversification and industrialisation.


Supermax not looking at buying other companies in the near term

KUALA LUMPUR: Despite further consolidation expected in the glove manufacturing industry, Supermax Corp Bhd has no plans to acquire other firms in the near term.


Top rubber producers must agree on price mechanism for stability

PETALING JAYA: Top world rubber producers at the current International Tripartite Rubber Council (ITRC) meeting in Bandung, Indonesia, will need to reach full agreement on the “alert, trigger and defence” pricing mechanism to ensure natural rubber stays stable and curb the current downtrend in prices.


Use of latex gloves a growing trend

Latex gloves are now everywhere, including homes and restaurants.


Bank dividends not affected

THE implementation of Basel III (from 2013) has prompted some banks to opt for the Dividend Reinvestment Plan (DRP) which enables them to maintain high payouts without denting their capital as dividends are paid in new shares rather than in cash.


Top Glove to spend RM40mil on automation upgrades

PETALING JAYA: The worlds largest glovemaker, Top Glove Corp Bhd, will spend about RM40mil this year to upgrade its production lines as part of a strategy to mitigate the effects arising from the minimum wage to be implemented in the beginning of next year.


ANRPC cuts 2012 rubber output forecast after Q1 fall

Global natural rubber output in the first quarter fell by a sharper-than-expected 9.5 percent as farmers in Thailand and Malaysia trimmed tapping on a steep drop in prices, promoting an industry body to cut its production forecast for 2012.


Synthetic rubber glove price war deemed unlikely

KUALA LUMPUR: A price war in the synthetic rubber glove market would probably not materialise as growing demand from developed nations will be more than enough to offset the need to push prices dramatically down.