Govt to ensure rubber sector remains resilient


MRC's Chief executive officer Nor Hizwan Ahmad said glove manufacturers should switch their focus to the non-medical industry players as their potential and key clients to make the industry much more lucrative and continue to thrive rather than focusing on the healthcare sector.

KUALA LUMPUR: Latex goods accounted for 83.1% of Malaysia’s total exports of rubber products in the first quarter of 2022, with the glove sub-sector remaining as the largest export revenue generator for the industry.

The glove sub-sector, however, showed a decrease of 66.2%, equalling to RM6.04bil in the first three months of this year, from RM17.86bil in the same period in 2021, the Malaysian Rubber Council (MRC) said in a statement.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MRC , rubber , glove makers ,

   

Next In Business News

Malaysia’s aviation sector recovering, passenger traffic to soar in 2025
SC Estate Builder consortium wins contract to develop 4MW solar project in Perlis
Bank Indonesia delivers surprise rate cut to support growth
Oil inches up, but uncertainty over sanctions impact caps gains
Higher wages, minimum wage hike drive property demand, affordability this year
China's cross-border trade, investment more vibrant
Titijaya sees growing demand for transit-oriented development, affordable homes in 2025
Survey: Directors keen to harness AI, ESG, diversity benefits but face implementation challenges
Fajarbaru now called 'FBG'
EPF's investment in MAHB to support dividend payouts

Others Also Read