Top Glove says it's 'near' to best practices
It has 'resolved 6 of 11' International Labour Organisation forced labour indicators identified by US agency
Singapore
AFTER a spate of labour issues including poor accommodation and forced labour led to a ban on its gloves in the United States, Top Glove said it is now "coming near the best practices in the industry" after significant improvements.
In a briefing on Thursday to provide updates on the glove market, ongoing improvements to its workers' accommodation and engagement with the US Customs and Border Protection (CBP), the glove manufacturer's top management said the company has made "significant improvements" since August 2020 on the 11 forced labour indicators from the International Labour Organisation (ILO) that were identified by the CBP.
TRENDING NOW
Analysts cut DBS target price on lower 2027 earnings, but see buying opportunity after share price slide
China Investment Corp, PGIM’s 50% stake in Nex mall up for sale; asking about S$1.2 billion
Nvidia CEO Jensen Huang drops from world’s top 10 richest after chips sell-off
OCBC wealth clients turn defensive amid market volatility as Q3 profit rises 3%