UG Healthcare eyes emerging markets
The company expects sales from China, Brazil and Nigeria to increase over the next few years
INCREASED risks of transmission from infectious diseases over the years, such as Aids and the avian flu, have raised hygiene awareness in emerging countries such as China, Brazil and Nigeria, and have translated into higher demand for medical supplies, including medical gloves.
But maker of latex and nitrile (synthetic rubber) gloves, Malaysia-based UG Healthcare, expects demand from these markets to surge even further.
With UG Healthcare's products cur…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Singapore loses ‘world’s best airport’ crown to Qatar
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3%