KUALA LUMPUR, April 3 — Malaysian glovemakers are among the top gainers today as the American tariff differential widens between Malaysia and China exports to the United States, which are at 24 per cent and at least 54 per cent, respectively.
KUALA LUMPUR, Oct 8 — A simplified gas supply agreement (GSA), natural gas supply at reduced cost and the removal of a 0.2 per cent export cess -- these items are high on the Malaysian rubber glove industry’s wish list for the upcoming Budget 2024.
KUALA LUMPUR, June 16 — Top Glove Corp Bhd has reported a net loss of RM130.59 million in the third quarter (3Q) ended March 31, 2023, compared with net profit of RM15.29 million registered in the corresponding period a year ago.
KUALA LUMPUR, Sept 21 — Research firms have lowered their target price (TP) on Top Glove Corp Bhd following its lacklustre performance for its financial year ended August 31, 2022 (FY2022).
KUALA LUMPUR, Jan 10 — Top Glove Corporation Bhd (Top Glove) has announced the appointment of Lester Garson Huang and Anthony Lo as the group’s new independent non-executive directors (INEDs), today.
By Norrasyidah Arshad MERU, Dec 14 — A foreign workers’ hostel will be built in Meru, as part of the effort to accommodate the comfort of the surrounding local residents. Meru assemblyman Mohd Fakhrulrazi Mohd Mokhtar said this comes after a series of discussions with glove manufacturer Top...
KUALA LUMPUR, Sept 17 — Top Glove Corp Bhd is set to resume its exports to the United States (US) as early as end-September 2021 after US customs authorities lifted a year-long ban imposed on the glove producer for alleged forced labour.
KUALA LUMPUR, Sept 10 — The world's largest gloves manufacturer, Top Glove Corporation Bhd has been allowed to resume exporting and selling gloves to the United States (US) starting from today, following the modification of the findings by the US Customs and Border Protection (CBP).
KUALA LUMPUR, May 13 — Top Glove Corporation Bhd has reiterated its commitment to working closely with the United States Customs and Border Protection (CBP) to resolve the withhold release order (WRO) and the forced labour finding against it.
KUALA LUMPUR, May 13 — A Kansas City-bound shipment of 4.68 million latex gloves made by a subsidiary of Top Glove Corporation Bhd has been seized by the United States (US) Customs and Border Protection (CBP) officers.
KUALA LUMPUR, May 5 — Top Glove Corporation Bhd continues to work closely with the United States Customs and Border Protection (CBP) to resolve the Withhold Release Order (WRO) and Finding following the seizure of its shipment of 3.97 million nitrile disposable gloves, which were allegedly made by forced labour.
KUALA LUMPUR, April 26 — Top Glove Corporation Bhd has resolved all 11 forced labour indicators issued by the International Labour Organisation (ILO) effective April 22, 2021.
KUALA LUMPUR, April 17 — Top Glove Corporation Bhd has signed a Memorandum of Understanding (MoU) with the National Taiwan University (NTU) to attract more global talent towards achieving its goal of becoming a Fortune Global 500 company by 2030.
SHAH ALAM, April 16 — Top Glove Corporation Bhd is currently in the third stage of the US Customs and Border Protection (US CBP) Withhold Release Order (WRO) modification process.
KUALA LUMPUR, April 8 — Top Glove Corporation Bhd is working towards rectifying the remaining five International Labour Organisation's (ILO) indicators as pointed out by the United States (US) Customs and Border Protection (CBP), managing director Datuk Lee Kim Meow said.
KUALA LUMPUR, April 5 — The United States Customs and Border Protection (CBP) has requested Top Glove Corporation Bhd to carry out additional rectification and verification work in relation to the earlier findings on the alleged forced labour issue.
KUALA LUMPUR, April 1 — Top Glove Corporation Bhd has clarified with regard to the US Customs and Border Protection’s recent findings that there is no new additional issue on forced labour being discovered or added although a few rectifications and verification were required on the earlier findings.
KUALA LUMPUR, March 31 — Bursa Malaysia ended sharply lower today with the key index declining 2.22 per cent, weighed mainly by glove stocks as well as weak sentiment in the local market, but managed to recoup a bit of the losses to close off its intraday low.
BANTING, March 31 — The country’s image has been tarnished following the issue of Top Glove facing the latest import ban by the US Department of Customs and Border Protection (US CBP) on all its disposable gloves, said the Human Resources Minister Datuk Seri M Saravanan.
KUALA LUMPUR, March 30 — Top Glove Corp Bhd’s United States (US) counsels are in the midst of liaising with representatives from the US Customs and Border Protection (CBP) to obtain clarity on the latest import ban order issued by CBP on all disposable gloves originating from Top Glove factories in Malaysia.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.