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TOP Glove Corp Bhd, which has a 12% share of the glove market worldwide, plans to double its annual manufacturing output to 26 billion gloves from the current 12 billion by 2007.
Looking at the movers and shakers of 2004 on Bursa Malaysia, the investor would certainly have a long list. StarBiz journalist IZWAN IDRIS has attempted to look at some of the successful turnaround stories, stocks that are riding high on good commodity prices and carving a niche for themselves in the market.
PUBLIC listed rubber glove companies are reporting better quarterly results in the second half-year than in the first half, thanks to the rising #8220;seasonal#8221; demand for rubber gloves from major Western countries.
PLANTATION Industries and Commodities Minister Datuk Peter Chin Fah Kui has expressed concern over the keen price competition among local rubber glove exporters, which has resulted in flat export value growth in recent years despite sharply higher export volume.