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Top Glove to resume exporting, selling gloves to the US

Top Glove to resume exporting, selling gloves to the US

The CBP, in its statement, affirmed that disposable gloves made by Top Glove would be admissible at all US ports of entry as of Sept 10.
Fri Sep 10 2021
Malaysia's Top Glove plans to renew lapsed listing application

Malaysia's Top Glove plans to renew lapsed listing application

Malaysian glovemaker Top Glove Corp plans to renew its lapsed application to list in Hong Kong and pursue a dual primary listing.
Fri Aug 27 2021
Malaysia's Top Glove suspends Selangor operations over enhanced lockdown

Malaysia's Top Glove suspends Selangor operations over enhanced lockdown

Malaysia's Top Glove Corp Bhd has suspended operations of its factories in the state of Selangor due to a two-week enhanced lockdown.
Wed Jul 07 2021
Malaysia's Top Glove posts near 6-fold jump in Q3 profit on pandemic demand

Malaysia's Top Glove posts near 6-fold jump in Q3 profit on pandemic demand

The world's largest medical glove manufacturer had posted record profits for the prior four straight quarters.
Wed Jun 09 2021
Top Glove reiterates commitment to work closely with US CBP to resolve WRO, finding

Top Glove reiterates commitment to work closely with US CBP to resolve WRO, finding

Top Glove Corporation Bhd has reiterated its commitment to working closely with the US Customs and Border Protection (CBP) to resolve the WRO and the forced labour finding against it.
Thu May 13 2021
US CBP seizes Top Glove shipment worth RM2.85 mln

US CBP seizes Top Glove shipment worth RM2.85 mln

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.
Thu May 13 2021
US Customs seizes Malaysia's Top Glove shipment following forced labour finding

US Customs seizes Malaysia's Top Glove shipment following forced labour finding

The indicators included debt bondage, excessive overtime, abusive working and living conditions, and retention of identity documents.
Wed May 05 2021
MIDF Research maintains buy call on Top Glove

MIDF Research maintains "buy" call on Top Glove

MIDF Research has maintained its "buy" call on Top Glove Corporation Bhd with an unchanged target price (TP) of RM8.29.
Fri Apr 23 2021
Top Glove has remediated 5 forced labour indicators - MD

Top Glove has remediated 5 forced labour indicators - MD

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.
Fri Apr 16 2021
Malaysian rubber glove group says demand to oustrip supply until 2023

Malaysian rubber glove group says demand to oustrip supply until 2023

Margma says the country was in an oversold position of 160 billion gloves.
Mon Mar 15 2021
Hartalega, major Malaysian glove maker, to spend $1.7 billion on new plants

Hartalega, major Malaysian glove maker, to spend $1.7 billion on new plants

Hartalega, which currently has 12 plants, aims to increase annual production capacity to 95 billion gloves by 2027 from 43 billion now.
Wed Mar 10 2021
Malaysia's Top Glove posts record profit in second quarter

Malaysia's Top Glove posts record profit in second quarter

Profits soared to 2.87 billion ringgit in December-February from 115.7 million ringgit during the same period a year ago.
Tue Mar 09 2021
Analysis: Top Glove bets on pandemic boom to propel ambitious $1.9 billion HK listing

Analysis: Top Glove bets on pandemic boom to propel ambitious $1.9 billion HK listing

Top Glove's sales benefited greatly from the COVID-19 pandemic but also suffered an outbreak causing 5,000 infections, one death.
Thu Mar 04 2021
Top Glove responds to workers safety, accommodation issue

Top Glove responds to workers safety, accommodation issue

The world's largest producer of rubber gloves Top Glove Corporation has been in the spotlight after thousands of its workers tested positive for COVID-19.
Tue Dec 15 2020
Malaysia's Top Glove fired whistleblower before virus outbreak

Malaysia's Top Glove fired whistleblower before virus outbreak

Khadka took two photos in May of fellow employees crowding into a factory of the worlds biggest maker of medical-grade latex gloves.
Sun Dec 13 2020
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024