Malaysia’s Top Glove will open its first Vietnamese factory in 2020 in response to surging demand for hygienic gloves in the country. The glove giant is expected to invest some US$24.5 million into building the new factory on a large industrial plot in Vietnam. Production capacity at the factory is set for 4 billion gloves annually.
KUALA LUMPUR: The Malaysian rubber glove industry has been urged to strengthen its efforts to further tap into Africa’s vast market potential.
TOKYO (Reuters) - Oil ticked higher early on Thursday after falling in the previous session as more signs of slowing global growth added to demand concerns, with Middle East tensions underpinning prices.
SYDNEY (Reuters) - Asian shares were cautious on Thursday, shrugging off a tech-fuelled rally on Wall Street while the euro hovered near two-month lows as soft economic data bolstered expectations of rate cuts in Europe.
JAKARTA (July 24): Indonesia's natural rubber output is expected to drop 15% in 2019 compared to 2018's production of 3.76 million tonnes due to a fungal disease, a senior agriculture ministry official said on Wednesday.
SYDNEY (Reuters) - Asian shares nudged higher on Wednesday amid hints of progress in the Sino-U.S. trade saga, while the dollar hit two-month highs on the euro as investors wagered on a dovish outcome from the European Central Bank’s coming policy meeting.
