MEDIA
NEWS
RELEASE
Karex Justifies OBM Move, Adds Synthetic Condoms
After a challenging period during the Covid-19 pandemic, Karex Bhd — which posted net losses for the first time over two consecutive years — turned the corner last year. The condom maker will now focus on growing its range of offerings with the highest margins — its own branded products as well as yet-to-be-launched synthetic condoms for an undisclosed commercial brand.
20 MAR 2024
Karex Justifies OBM Move, Adds Synthetic Condoms
After a challenging period during the Covid-19 pandemic, Karex Bhd — which posted net losses for the first time over two consecutive years — turned the corner last year. The condom maker will now focus on growing its range of offerings with the highest margins — its own branded products as well as yet-to-be-launched synthetic condoms for an undisclosed commercial brand.
Top Glove Targets Return to Profit in Two More Quarters as Glove Demand Recovers
Top Glove Corp Bhd is keeping to its target to return to the black as early as August this year, as demand for gloves continues to pick up after two years of inventory destocking due to excess capacity built up during the Covid-19 pandemic.
20 MAR 2024
Top Glove Targets Return to Profit in Two More Quarters as Glove Demand Recovers
Top Glove Corp Bhd is keeping to its target to return to the black as early as August this year, as demand for gloves continues to pick up after two years of inventory destocking due to excess capacity built up during the Covid-19 pandemic.
Plant Utilisation of Rubber Glove Makers Improve
While many are still bearish on the glove sector, AmInvestment Bank Research (AmResearch) has an “overweight” call, and is of the view that there is an opportunity for investors to bottom fish for stocks like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
11 MAR 2024
Plant Utilisation of Rubber Glove Makers Improve
While many are still bearish on the glove sector, AmInvestment Bank Research (AmResearch) has an “overweight” call, and is of the view that there is an opportunity for investors to bottom fish for stocks like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
Update from MHRA on UK MedTech Regulatory Reform
The UK medical device regulator, the Medicines and Healthcare products Regulatory Authority (MHRA), presented a webinar (March 5) on the upcoming changes to the medical devices legislation for Great Britain (GB). The webinar was presented by MHRA staff (Eve Hutchinson, Clare Thompson, Joseph Burt, Paul Campbell, Jenny Keating and Cristina Santirso-Margaretto) and provided an update on the draft policy on scope, classification and essential requirements for medical devices, based on the government response to the 2021 consultation.
06 MAR 2024
Update from MHRA on UK MedTech Regulatory Reform
The UK medical device regulator, the Medicines and Healthcare products Regulatory Authority (MHRA), presented a webinar (March 5) on the upcoming changes to the medical devices legislation for Great Britain (GB). The webinar was presented by MHRA staff (Eve Hutchinson, Clare Thompson, Joseph Burt, Paul Campbell, Jenny Keating and Cristina Santirso-Margaretto) and provided an update on the draft policy on scope, classification and essential requirements for medical devices, based on the government response to the 2021 consultation.
Wellcall Exploring New Markets and Customers Ahead of 20% Capacity Expansion
With solid earnings growth, good profit margins, a decent dividend yield, impressive share price performance, reasonable stock valuation and a healthy net cash position, original equipment manufacturer (OEM) rubber hose maker Wellcall Holdings Bhd seems to tick all the boxes for investors.
05 MAR 2024
Wellcall Exploring New Markets and Customers Ahead of 20% Capacity Expansion
With solid earnings growth, good profit margins, a decent dividend yield, impressive share price performance, reasonable stock valuation and a healthy net cash position, original equipment manufacturer (OEM) rubber hose maker Wellcall Holdings Bhd seems to tick all the boxes for investors.
Update on China’s Regulatory Requirements for Medical Gloves
The Committee on Technical Barriers to Trade of the World Trade Organization (WTO) released a notification on 12 February 2024 to inform that the State Administration for Market Regulation (Standardization Administration of the People’s Republic of China (P.R.C.)) has released a draft standard of GB 24788-XXXX for public comments. The document is to replace GB 24788-2009, and the public is allowed to comment within 60 days from the WTO notification.
05 MAR 2024
Update on China’s Regulatory Requirements for Medical Gloves
The Committee on Technical Barriers to Trade of the World Trade Organization (WTO) released a notification on 12 February 2024 to inform that the State Administration for Market Regulation (Standardization Administration of the People’s Republic of China (P.R.C.)) has released a draft standard of GB 24788-XXXX for public comments. The document is to replace GB 24788-2009, and the public is allowed to comment within 60 days from the WTO notification.
Plantation Ministry: Centralised Model Being Developed to Overcome Rubber Worker Shortage
The government is developing a centralised consolidation and clustering model to address local and foreign labour shortages in the rubber industry’s upstream sector.
28 FEB 2024
Plantation Ministry: Centralised Model Being Developed to Overcome Rubber Worker Shortage
The government is developing a centralised consolidation and clustering model to address local and foreign labour shortages in the rubber industry’s upstream sector.
Malaysian Manufacturing Capacity Utilisation Rate At 79.8% in Q4
Malaysia’s manufacturing industry operated at 79.8% of capacity in the fourth quarter of 2023 (Q4’23), down 0.4 percentage point from 80.2% in the corresponding quarter of 2022, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said.
21 FEB 2024
Malaysian Manufacturing Capacity Utilisation Rate At 79.8% in Q4
Malaysia’s manufacturing industry operated at 79.8% of capacity in the fourth quarter of 2023 (Q4’23), down 0.4 percentage point from 80.2% in the corresponding quarter of 2022, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said.
Malaysia Establishes Technical Committee to Strengthen Commodity Sector
Malaysia has formed a technical committee to safeguard fair trade and local commodity producers, particularly in the palm oil and rubber industries. This initiative enhances competitiveness, ensures compliance with international standards, and protects against international pressures.
15 FEB 2024
Malaysia Establishes Technical Committee to Strengthen Commodity Sector
Malaysia has formed a technical committee to safeguard fair trade and local commodity producers, particularly in the palm oil and rubber industries. This initiative enhances competitiveness, ensures compliance with international standards, and protects against international pressures.
Malaysia MDA Publishes Harmonized Guidance on Post-Market Surveillance Information Exchange for ASEAN Member States
The Malaysia Medical Device Authority (MDA) released the first edition of its harmonized guidance document on post-market data exchange between member states of the Association of Southeast Asian Nations (ASEAN).
06 FEB 2024
Malaysia MDA Publishes Harmonized Guidance on Post-Market Surveillance Information Exchange for ASEAN Member States
The Malaysia Medical Device Authority (MDA) released the first edition of its harmonized guidance document on post-market data exchange between member states of the Association of Southeast Asian Nations (ASEAN).
Emergo by UL On-Demand Webinar: Recent Brazil Regulatory Updates
The recent Brazil regulatory updates, as discussed in the Emergo Webinar by Luiz Levy, RAC, Manager of Quality and Regulatory Affairs Brazil, highlighted two significant resolutions related to medical devices and in vitro diagnostics (IVDs): RDC 751/2022 and RDC 830/2023.
06 FEB 2024
Emergo by UL On-Demand Webinar: Recent Brazil Regulatory Updates
The recent Brazil regulatory updates, as discussed in the Emergo Webinar by Luiz Levy, RAC, Manager of Quality and Regulatory Affairs Brazil, highlighted two significant resolutions related to medical devices and in vitro diagnostics (IVDs): RDC 751/2022 and RDC 830/2023.
Plantation and Commodities Ministry Discusses Ways to Help Rubber Glove Industry
The Plantation and Commodities Ministry held a discussion today with the Malaysian Rubber Glove Manufacturers Association (MARGMA) on measures to resolve critical issues towards ensuring the industry’s ability to meet global challenges.
20 JAN 2024
Plantation and Commodities Ministry Discusses Ways to Help Rubber Glove Industry
The Plantation and Commodities Ministry held a discussion today with the Malaysian Rubber Glove Manufacturers Association (MARGMA) on measures to resolve critical issues towards ensuring the industry’s ability to meet global challenges.
MRC: Malaysia Earned RM27.2b from Rubber Exports in 2023
Malaysia earned RM27.16 billion from rubber exports in 2023, with 70%, or RM19.04 billion, coming from rubber gloves, the Malaysian Rubber Council (MRC) said.
18 JAN 2024
MRC: Malaysia Earned RM27.2b from Rubber Exports in 2023
Malaysia earned RM27.16 billion from rubber exports in 2023, with 70%, or RM19.04 billion, coming from rubber gloves, the Malaysian Rubber Council (MRC) said.
Malaysian Rubber Industry's Progress in Addressing Forced Labour Paves the Way for Broader ESG Initiatives, Says ILO
The positive steps taken by the Malaysian rubber industry to address forced labour and recruitment challenges in recent years should be sustained and matched by similar efforts to implement other labour standards, contained in environmental, social, and governance (ESG) regulations, according to an International Labour Organization (ILO) senior official.
17 JAN 2024
Malaysian Rubber Industry's Progress in Addressing Forced Labour Paves the Way for Broader ESG Initiatives, Says ILO
The positive steps taken by the Malaysian rubber industry to address forced labour and recruitment challenges in recent years should be sustained and matched by similar efforts to implement other labour standards, contained in environmental, social, and governance (ESG) regulations, according to an International Labour Organization (ILO) senior official.
Rubber Glove Players in For Recovery
The recent improved export data and a steady average selling prices (ASPs) for glove manufacturers point to a positive recovery in demand.
08 JAN 2024
Rubber Glove Players in For Recovery
The recent improved export data and a steady average selling prices (ASPs) for glove manufacturers point to a positive recovery in demand.
Johari Ghani: Rubber Sector Needs 80,000 Workers
The rubber plantation sector needs an estimated 80,000 workers to meet the needs of rubber smallholders, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.
05 JAN 2024
Johari Ghani: Rubber Sector Needs 80,000 Workers
The rubber plantation sector needs an estimated 80,000 workers to meet the needs of rubber smallholders, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.