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The U.S. import ban has burst the Top Glove bubble wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Reuters) - Top Glove Corp Bhd , the subject of a US import ban over concerns about forced labour, is waiting for customs authorities there to verify remedial action it has taken on workers' recruitment fees, it said on Wednesday. ....
Malaysia s Top Glove waits for US Customs to verify remedial labour action Toggle share menu Advertisement Malaysia s Top Glove waits for US Customs to verify remedial labour action FILE PHOTO: Top Glove logo is pictured outside a factory in Klang, Malaysia December 10, 2020. REUTERS/Lim Huey Teng 09 Jun 2021 01:40PM (Updated: 09 Jun 2021 06:41PM) Share this content Bookmark KUALA LUMPUR: Top Glove, the subject of a US import ban over concerns about forced labour, is waiting for customs authorities there to verify remedial action it has taken on workers recruitment fees, the Malaysian firm said on Wednesday (Jun 9). The world s largest maker of medical gloves did not know when US customs might lift the ban on its goods, but verification of the remediation payments is underway, said Managing Director Lee Kim Meow. ....
Malaysia’s Top Glove profit soars on pandemic demand But ban crimps US sales A worker inspects newly-made gloves at Top Glove factory in Shah Alam, Malaysia on August 26, 2020. Photo: REUTERS/FILE Reuters, Kuala Lumpur Reuters, Kuala Lumpur Top Glove Corp Bhd, the subject of a US import ban over concerns about forced labour, is waiting for customs authorities there to verify remedial action it has taken on workers recruitment fees, the Malaysian firm said on Wednesday. The world s largest maker of medical gloves did not know when US customs might lift the ban on its goods, but verification of the remediation payments is underway, said Managing Director Lee Kim Meow. We have no timeline given, but we have tried our best, he told a results briefing, adding that Top Glove was liaising closely with customs, and hoped there were no further issues. ....
KUALA LUMPUR, June 3 The wealth of the 50 richest people in the 2021 Forbes Malaysia Rich List rebounded 14 per cent to nearly US$90 billion (RM371 billion) this year, up from US$79 billion a year ago. In a statement, Forbes revealed that after declining for two years and the 5.6 per cent GDP. ....