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Thailand to woo US$10bil investments for Rubber City
PETALING JAYA: The Thai government is targeting some US$10bil worth of investments for the Rubber City development located in the Southern Region Industrial Estate of Hat Yai, 946 km south of Bangkok
Smooth sailing for rubber gloves
THE rubber glove sector should continue on its smooth-sailing path driven by robust earnings outlook, given that capacity in the sector is still below market demand.
New China rubber standard likely to hurt major producers in Malaysia, Thailand
BEIJING: China has approved a new standard for compound rubber that cuts the amount of natural rubber allowed in the formula, a move that is expected hurt major producers in Thailand and Malaysia, analysts and traders said.
Thailand moves to support rubber farmers
BANGKOK: Thailand’s government has announced a series of measures to help rubber farmers reeling from a slump in global prices to five-year lows, helping push up futures in Tokyo and Shanghai by nearly 5%.
Rubber prices likely to struggle
SINGAPORE: Rubber prices are likely to struggle near multiyear lows in the short-term, hurt by worries over China’s economy and Thailand’s plan to make huge sales from its state stockpiles, an industry body said.
