MALAYSIA PRESS-Glovemakers brace for higher wages, gas prices-The Edge

Newswire

Malaysian rubber glove manufacturers say they are bracing for the implementation of the minimum wage policy and removal of natural gas subsidies, both of which will result in higher production costs for industry players. However, they will pass the incremental expenses to buyers to mitigate the impact from the implementation of both policies, said Malaysian Rubber Glove Manufacturers Association president Lim Kwee Shyan in a media roundtable session on Thursday. ...

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