Page 21 - Supermax Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Prices of rubber gloves tripled this year due to the pandemic, and that helped to boost the fortunes of five founders of Malaysia’s glove companies.

(Bloomberg) -- Malaysian stocks dropped and the ringgit weakened after the government imposed a two-week nationwide lockdown to curb a relentless surge in Covid-19 infections.The FTSE Bursa Malaysia KLCI Index fell as much as 1.6% on Monday, before paring losses to 0.7% at the close in Kuala Lumpur. The ringgit slid as much as 0.4% to 4.1480 per dollar, while 10-year bond yields rose three basis points to 3.25%. The government said on Friday that most businesses will be shut from June 1 except for essential economic and service sectors.“The government is finally biting the bullet,ȁ...

KUALA LUMPUR, May 31 — Malaysian glove maker Supermax Corp on Monday said it adhered to labour laws on treatment of migrant workers, after a report that the United States was investigating a unit over forced labour allegations. On Saturday, the Edge Weekly said US Customs and Border Protection...

The company says it is committed to combating forced labour. . Read more at straitstimes.com.

KUALA LUMPUR (Reuters) - Malaysian glove maker Supermax Corp on Monday said it adhered to labour laws on treatment of migrant workers, after a report ...