The Business Times

Gloves

Companies & Markets

Cariflex launches US$350 million polyisoprene plant in Singapore, the world’s biggest

Malaysia is the world’s leading producer of rubber gloves, exporting RM15.4 billion worth of gloves in 2024.
ASEAN Business

Malaysia claws bigger share of US glove market as tariffs hit China rivals

The fallout between between the US and China “is likely to provide positive catalyst” for the country’s glove makers such as Hartalega.
ASEAN Business

Hartalega expects Malaysian glove makers to gain US market share

Top Glove said the 24 per cent tariff is “relatively favourable” compared to peers.
Consumer & Healthcare

Malaysian glove makers will likely stay afloat in Trump tariff tsunami, but face being priced out in non-US markets

Semiconductors have been exempted from tariffs for now, but analysts warn that the space is hardly “immune” from future tariff threats.
Companies & Markets

Semiconductor, shipbuilding stocks suffer heavy losses in SGX bloodbath

Riverstone chief Wong Teek Son noted that the company has phased out some of its ageing lines.
Companies & Markets

Riverstone posts 3.7% Q4 profit rise, proposes special dividend amid semicon recovery

Sri Trang Gloves noted that the oversupply situation in the industry is improving.
Companies & Markets

Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit

The glove companies’ financial results have generally improved since the start of 2024, as customers looked to replenish their inventories after depleting their stockpiles from the Covid-19 pandemic.
Consumer & Healthcare
OUTLOOK 2025

Malaysian glove makers poised for US growth but broader tariffs may upend optimism

Top Glove is optimistic about the recovery of the glove industry and expects orders to continue flowing in.
Companies & Markets

Top Glove swings back to black with RM5.5 million Q1 net profit

Sri Trang Gloves (Thailand) says it will continue to undertake cost-saving initiatives to achieve economies of scale.
Companies & Markets

Sri Trang Gloves Q2 profit surges more than 20 times to 378.4 million baht

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