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Malaysia's Top Glove waits for US Customs to verify remedial labour action


Malaysia s Top Glove waits for US Customs to verify remedial labour action
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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)
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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. ....

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Malaysia's Top Glove profit soars on pandemic demand


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. ....

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Forbes Malaysia Rich List: Robert Kuok stays top, AirAsia's Fernandes falls out of Top 50 | Malaysia

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. ....

Kuala Lumpur , Pulau Pinang , Steven Siaw Kok Teng , Lau Chee Kheong , Kamarudin Meranun , Hong Leong , Robert Kuok , Teh Hong Piow , Yu Yeh , Quek Leng Chan , Mukhriz Hazim , Hong Piow , Tony Fernandes , Yu Wei , Yeow Seng , Metal Aluminium Holdings , Greatech Technology , Hartalega Holdings , Public Bank Berhad , Malaysia Rich List , Kuan Kam Hon , Lim Wee Chai , Top Glove , Pleng Chan , Poh Keong , Press Metal Aluminium Holdings ,