China’s mask boom takes fabric away for nappy makers

BEIJING: China’s ramp-up of mask production to counter the coronavirus outbreak has claimed unlikely victims —nappies, wet wipes and sanitary towels that are made with the same raw materials. Manufacturers say textiles such as nonwoven fabric have been in short supply from being diverted to the more lucrative mask business, leaving producers of hygiene products […]

Rubber price, rubber gloves demand to go up

KUALA LUMPUR: The Covid-19 pandemic will drive up the rubber price in the market to a higher level as well as increase the demand for Malaysian rubber gloves this year, said the Malaysian Rubber Board (MRB). Director-general Datuk Dr Zairossani Mohd Nor said economic experts had projected that Malaysia would control 65 per cent of the […]

Lim denies car price hike, govt still discussing

KUALA LUMPUR: Finance Minister Lim Guan Eng denies that car prices will increase, as the government has yet to reach an agreement with regards to the restructuring of excise duties. He said the changes — if any — would not affect the current excise duty rate. “Should there be any changes, it must be made […]