The International Monetary Fund (IMF) slashed its 2025 growth forecast for Singapore, along with those of its Asean neighbours, saying the outlook has dimmed amid US President Donald Trump's global tariffs and his escalating trade war with China.
KUALA LUMPUR: The rubber glove industry is expected to contribute up to RM12.4 billion in export revenue this year, said the Ministry of Plantation and Commodities .
"For the first half of 2024, the rubber glove industry trade has surged to RM6.8 billion, up from RM5.8 billion in the same period in 2023. Organised by the Malaysian Rubber Glove Manufacturers Association and co-hosted by the Malaysian Rubber Council, the three-day IRGCE 2024, which kicks off today, is set to be a pivotal platform for driving innovation and sustainability within the rubber glove industry."We recognise the extensive economic benefits it generates, from upstream cultivation to downstream manufacturing, positively affecting the entire economic ecosystem.
Chan said the Ministry of Plantation and Commodities is committed to addressing this issue by leveraging technological advancements and research to enhance productivity, quality, and global competitiveness.
Rubber Gloves Rubber Export Chan Foong Hin
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