Increased competition likely for glove manufacturers

Quick Summary:

PETALING JAYA: BIMB Securities Research is adopting a cautious stance on the rubber glove sector’s short to medium-term outlook.

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The brokerage has downgraded its call on the sector to “underweight” from “neutral” as it believes the industry’s outlook remains under pressure by ongoing structural issues, adding that a recovery to pre-Covid-19 levels is not expected in the intermediate term.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaUnited States

Topics: /Business/Business News Competition Tariffs Gloves Rubber Manufacturing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 00:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 296 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24246499

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 33 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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