Tuesday, 2 May 2017 NEW DELHI: Malaysian plantation companies are recruiting hundreds of rubber tappers from India”s Kerala state with better pay offers. The recruitment drive comes amid tight business conditions in the Indian rubber industry amid a price decline that has led to retrenchments. “Malaysian companies are offering more …
Read More »Lower energy cost to benefit rubber glove makers
Friday, 30 December 2016 PETALING JAYA: A reduction in natural gas tariff rates from January to June 2017 is expected to benefit the rubber glove players as energy costs account for 10%-12% of total costs, according to analysts. Gas Malaysia Bhd had announced that the Government approved the revision of …
Read More »Export revenue from rubber gloves to hit record RM14.3b
Friday, 15 July 2016 KUALA LUMPUR: Export revenue from rubber gloves is expected to reach a record high RM14.3 billion this year, up 14%, from RM13.1 billion last year, says the Malaysian Rubber Glove Manufacturers Association (MARGMA). Malaysia remained the world’s number one rubber glove producer with 133.6 billion gloves …
Read More »Oil and gas industry boosting country’s coffers
Wednesday, 24 May 2017 PETALING JAYA: The oil and gas industry contributed 14.5% of the country’s gross domestic product (GDP) and 14.7% to the Government’s revenue last year. The National Transformation Programme Annual Report 2016 said the National Key Economic Area (NKEA) contributed RM179.9 billion in gross national income (GNI) …
Read More »