SYDNEY (Reuters) - Confidence among Asian businesses rebounded sharply this quarter to hit an 18-month high with firms reporting a pickup in sales, though most are holding off on hiring as trade war uncertainty weighs, a Thomson Reuters/INSEAD survey found.
SHANGHAI (Reuters) - The number of companies seeking to go public in mainland China has jumped to about 580, a three-year high, encouraged by a slew of market reforms and a bumper year for equity financing in 2019.
TOP Glove Corp Bhd’s net profit rose 1.2% year-on-year (YoY) to RM111.43 million in the first quarter ended Nov 30, 2019 (1QFY20), from RM110.06 million previously on a strong showing in the nitrile glove segment, which saw sales volume growth of 20%.
Condoms and car tyres helped make Thailand a US$6 billion latex powerhouse. Now, the industry wants to plaster the plant material on faces and use it to stop coastal erosion in a makeover designed to keep more rubber profits at home.
China imported 636,000 tons of natural and synthetic rubber products, including latex, in November, up 27.2 percent from 500,000 tons in October, down 5.6 percent from 674,000 tons year-on-year, data released on Dec. 8 by General administration of customs people’s republic of China.