MEDIA
NEWS
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Rubber Market Ends Mixed Amid Steady Oil, Supply Tightness
The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.
27 NOV 2024
Rubber Market Ends Mixed Amid Steady Oil, Supply Tightness
The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.
MHRA Proposes International Reliance Route for Medical Devices
As noted in a previous Regulatory Update, the Medicines and Healthcare products Regulatory Agency (MHRA) has opened a public consultation on proposed changes to the medical device regulatory framework in GB. This includes the introduction of a new framework that would allow certain medical devices authorized by other countries to be placed on the GB market without needing a UKCA (U.K. Conformity Assessed) marking or certification, although manufacturers would still have the option to use the UKCA process.
20 NOV 2024
MHRA Proposes International Reliance Route for Medical Devices
As noted in a previous Regulatory Update, the Medicines and Healthcare products Regulatory Agency (MHRA) has opened a public consultation on proposed changes to the medical device regulatory framework in GB. This includes the introduction of a new framework that would allow certain medical devices authorized by other countries to be placed on the GB market without needing a UKCA (U.K. Conformity Assessed) marking or certification, although manufacturers would still have the option to use the UKCA process.
European Parliament Agrees to EUDR Postponement
The European Parliament has agreed to postpone the European Union Deforestation Regulation (EUDR) by one year so companies can comply with the law that ensures products sold in the EU are not sourced from deforested land.
19 NOV 2024
European Parliament Agrees to EUDR Postponement
The European Parliament has agreed to postpone the European Union Deforestation Regulation (EUDR) by one year so companies can comply with the law that ensures products sold in the EU are not sourced from deforested land.
Rubber Market Ends Mixed Amid Gains in Crude Oil Prices
The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said. She said the market sentiment remains supported by concerns over the global natural rubber supply and positive Chinese automobile sales.
13 NOV 2024
Rubber Market Ends Mixed Amid Gains in Crude Oil Prices
The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said. She said the market sentiment remains supported by concerns over the global natural rubber supply and positive Chinese automobile sales.
Three Crepe Rubber Processing Centres Set for Construction in Q32025
The construction of three Crepe Rubber Processing Centres (PPGK) is expected to begin in the third quarter of 2025, according to the Ministry of Plantation and Commodities (KPK).
11 NOV 2024
Three Crepe Rubber Processing Centres Set for Construction in Q32025
The construction of three Crepe Rubber Processing Centres (PPGK) is expected to begin in the third quarter of 2025, according to the Ministry of Plantation and Commodities (KPK).
Malaysia's Rubber Glove Exports to Hit New Record High This Year, Says Plantation Ministry
Malaysia's rubber glove export is expected to climb 16% to a new record of RM13.7 billion in 2024, following the historic high of RM11.8 billion achieved in 2023, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
05 NOV 2024
Malaysia's Rubber Glove Exports to Hit New Record High This Year, Says Plantation Ministry
Malaysia's rubber glove export is expected to climb 16% to a new record of RM13.7 billion in 2024, following the historic high of RM11.8 billion achieved in 2023, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
Rubber Market Ends Higher Amid Crude Oil Recovery
KUALA LUMPUR: The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.
30 OCT 2024
Rubber Market Ends Higher Amid Crude Oil Recovery
KUALA LUMPUR: The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.
Malaysia's BRICS partner status will boost rubber exports to Russia
KOTA BARU: The recognition of Malaysia as a BRICS partner country is expected to boost the rubber sector by enabling direct exports to Russia.
30 OCT 2024
Malaysia's BRICS partner status will boost rubber exports to Russia
KOTA BARU: The recognition of Malaysia as a BRICS partner country is expected to boost the rubber sector by enabling direct exports to Russia.
MHRA Publishes Draft Post-Market Surveillance Requirements
Following the publication of the draft PMS SI on the World Trade Organization (WTO) website on July 26, 2023, the Medicines and Healthcare products Regulatory Agency (MHRA) has, after considering stakeholder responses to that draft, published the “final” draft PMS SI.
22 OCT 2024
MHRA Publishes Draft Post-Market Surveillance Requirements
Following the publication of the draft PMS SI on the World Trade Organization (WTO) website on July 26, 2023, the Medicines and Healthcare products Regulatory Agency (MHRA) has, after considering stakeholder responses to that draft, published the “final” draft PMS SI.
MRC Working with Indian Authorities to Address Issues on Medical Glove Imports
The Malaysian Rubber Council (MRC) is working closely with Indian authorities to resolve regulatory challenges concerning medical glove imports, reaffirming its commitment to ethical practices and full compliance with Indian regulations.
21 OCT 2024
MRC Working with Indian Authorities to Address Issues on Medical Glove Imports
The Malaysian Rubber Council (MRC) is working closely with Indian authorities to resolve regulatory challenges concerning medical glove imports, reaffirming its commitment to ethical practices and full compliance with Indian regulations.
Rubber Market Ends Slightly Higher On Stronger Crude Oil Prices
KUALA LUMPUR: The Kuala Lumpur rubber market ended slightly higher on Thursday, supported by gains in the benchmark crude oil prices and weaker ringgit against the United States (US) dollar, a dealer said.
17 OCT 2024
Rubber Market Ends Slightly Higher On Stronger Crude Oil Prices
KUALA LUMPUR: The Kuala Lumpur rubber market ended slightly higher on Thursday, supported by gains in the benchmark crude oil prices and weaker ringgit against the United States (US) dollar, a dealer said.
EU deforestation law: Council agrees to extend application timeline
Today, the Council agreed on its position on the targeted amendment of the EU deforestation regulation, postponing its date of application by 12 months.
16 OCT 2024
EU deforestation law: Council agrees to extend application timeline
Today, the Council agreed on its position on the targeted amendment of the EU deforestation regulation, postponing its date of application by 12 months.
Govt Remains Committed to Sustainable Rubber Production
The government remains committed to enhancing the nation's rubber production to meet the demands of the local industry, as the commodity has been central to the nation's economic development for over a century.
07 OCT 2024
Govt Remains Committed to Sustainable Rubber Production
The government remains committed to enhancing the nation's rubber production to meet the demands of the local industry, as the commodity has been central to the nation's economic development for over a century.
EU Considers Postponing Anti-Deforestation Law as Pressure from Agribusiness Mounts
An ambitious anti-deforestation law in the EU could be delayed for at least a year following pressure from foreign governments and producers, who said they were struggling to meet upcoming deadlines for the new trade regulation.
03 OCT 2024
EU Considers Postponing Anti-Deforestation Law as Pressure from Agribusiness Mounts
An ambitious anti-deforestation law in the EU could be delayed for at least a year following pressure from foreign governments and producers, who said they were struggling to meet upcoming deadlines for the new trade regulation.
Provide tax exemptions to enhance ESG ratings of rubber gloves sector - MARGMA
KUALA LUMPUR: The Malaysian Rubber Gloves Manufacturers Association (MARGMA) hopes the government will provide better tax exemptions for them in Budget 2025 to enhance the sector's environment, social, and governance (ESG) ratings.
02 OCT 2024
Provide tax exemptions to enhance ESG ratings of rubber gloves sector - MARGMA
KUALA LUMPUR: The Malaysian Rubber Gloves Manufacturers Association (MARGMA) hopes the government will provide better tax exemptions for them in Budget 2025 to enhance the sector's environment, social, and governance (ESG) ratings.
Rubber Market Ends Higher, Tracking Trends In Regional Futures Market
KUALA LUMPUR: The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.
02 OCT 2024
Rubber Market Ends Higher, Tracking Trends In Regional Futures Market
KUALA LUMPUR: The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.
Malaysian Rubber Council Projects Exports of Rubber, Related Products to Exceed RM30 Bil
The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports to exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).
23 SEP 2024
Malaysian Rubber Council Projects Exports of Rubber, Related Products to Exceed RM30 Bil
The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports to exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).
Malaysia Joins Six Countries to Ratify UK’s Accession Into CPTPP
Malaysia has officially ratified the United Kingdom’s (UK) accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant milestone as it is effectively Malaysia’s first bilateral free trade agreement with the UK.
20 SEP 2024
Malaysia Joins Six Countries to Ratify UK’s Accession Into CPTPP
Malaysia has officially ratified the United Kingdom’s (UK) accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant milestone as it is effectively Malaysia’s first bilateral free trade agreement with the UK.
Rubber Market Ends Mixed In Tandem With Regional Futures
KUALA LUMPUR: The Kuala Lumpur rubber market closed mixed on Wednesday in tandem with regional rubber futures markets as strong United States (US) economic data weakened prospects of an aggressive US interest rate cut, said a dealer.
18 SEP 2024
Rubber Market Ends Mixed In Tandem With Regional Futures
KUALA LUMPUR: The Kuala Lumpur rubber market closed mixed on Wednesday in tandem with regional rubber futures markets as strong United States (US) economic data weakened prospects of an aggressive US interest rate cut, said a dealer.
China launches anti-dumping probe into halogenated butyl rubber from Canada, Japan, India
China on Saturday started an anti-dumping investigation into halogenated butyl rubber imported from Canada, Japan and India.
14 SEP 2024
China launches anti-dumping probe into halogenated butyl rubber from Canada, Japan, India
China on Saturday started an anti-dumping investigation into halogenated butyl rubber imported from Canada, Japan and India.
Johari Ghani calls for revival of Malaysia's natural rubber industry
BENTONG: Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has underscored the urgent need to revive Malaysia's natural rubber industry.
12 SEP 2024
Johari Ghani calls for revival of Malaysia's natural rubber industry
BENTONG: Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has underscored the urgent need to revive Malaysia's natural rubber industry.
Malaysia's Natural Rubber Production Rises 27 Pct In July 2024 - DOSM
KUALA LUMPUR: Malaysia’s natural rubber (NR) production increased by 27.0 per cent to 37,960 tonnes in July 2024 compared to 29,881 tonnes in June 2024, according to the Department of Statistics Malaysia (DOSM).
11 SEP 2024
Malaysia's Natural Rubber Production Rises 27 Pct In July 2024 - DOSM
KUALA LUMPUR: Malaysia’s natural rubber (NR) production increased by 27.0 per cent to 37,960 tonnes in July 2024 compared to 29,881 tonnes in June 2024, according to the Department of Statistics Malaysia (DOSM).
No Gloves Shortage Despite Mpox Concerns – Margma
There is no imminent risk of a rubber glove shortage despite the World Health Organisation's (WHO) recent declaration on the Monkeypox (Mpox) outbreak. “The industry is well prepared for the situation. There will be no shortage as we have stocks ready,” said Malaysian Rubber Glove Manufacturers Association (MARGMA) president Oon Kim Hung.
03 SEP 2024
No Gloves Shortage Despite Mpox Concerns – Margma
There is no imminent risk of a rubber glove shortage despite the World Health Organisation's (WHO) recent declaration on the Monkeypox (Mpox) outbreak. “The industry is well prepared for the situation. There will be no shortage as we have stocks ready,” said Malaysian Rubber Glove Manufacturers Association (MARGMA) president Oon Kim Hung.
Rubber Glove Industry to Contribute Up to RM12.4 Bln in Export Revenue This Year
The rubber glove industry is expected to contribute up to RM12.4 billion in export revenue this year, said the Ministry of Plantation and Commodities. Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said Malaysia exported rubber gloves worth over RM11.8 billion in2023, capturing 45 per cent of the global market share.
03 SEP 2024
Rubber Glove Industry to Contribute Up to RM12.4 Bln in Export Revenue This Year
The rubber glove industry is expected to contribute up to RM12.4 billion in export revenue this year, said the Ministry of Plantation and Commodities. Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said Malaysia exported rubber gloves worth over RM11.8 billion in2023, capturing 45 per cent of the global market share.
BRICS Membership to Benefit Palm Oil, Rubber, And Electronics Sectors, Says Anwar
Membership in intergovernmental organisation BRICS is likely to benefit Malaysian businesses, especially in the palm oil, rubber, and electronics sectors.
23 AUG 2024
BRICS Membership to Benefit Palm Oil, Rubber, And Electronics Sectors, Says Anwar
Membership in intergovernmental organisation BRICS is likely to benefit Malaysian businesses, especially in the palm oil, rubber, and electronics sectors.
Plantation Ministry Seeks Allocation to Replant Oil Palm, Rubber in Budget 2025 – Johari
The Plantation and Commodities Ministry (KPK) will apply for additional allocation to replant oil palm and rubber via the upcoming Budget 2025, said its Minister Datuk Seri Johari Abdul Ghani.
23 AUG 2024
Plantation Ministry Seeks Allocation to Replant Oil Palm, Rubber in Budget 2025 – Johari
The Plantation and Commodities Ministry (KPK) will apply for additional allocation to replant oil palm and rubber via the upcoming Budget 2025, said its Minister Datuk Seri Johari Abdul Ghani.
Penghasilan Produk Baharu Tingkatkan Pengeluaran Getah Negara
Syarikat tempatan digesa untuk mencari kaedah baharu bagi mengeluarkan lebih banyak produk berasaskan susu getah atau lateks, sekali gus memastikan pengeluaran getah negara dapat dipertingkatkan.
22 AUG 2024
Penghasilan Produk Baharu Tingkatkan Pengeluaran Getah Negara
Syarikat tempatan digesa untuk mencari kaedah baharu bagi mengeluarkan lebih banyak produk berasaskan susu getah atau lateks, sekali gus memastikan pengeluaran getah negara dapat dipertingkatkan.
The World's Leading Rubber Glove Conference and Exhibition 11th IRGCE 2024 to take Place from 3rd to 5th September 2024
The Malaysian Rubber Glove Manufacturers Association (MARGMA) is pleased to announce that the world's leading rubber glove event, the 11th International Rubber Glove Conference & Exhibition (IRGCE) 2024, is set to take place at the Kuala Lumpur Convention Centre (KLCC) from 3rd September to 5th September 2024.
21 AUG 2024
The World's Leading Rubber Glove Conference and Exhibition 11th IRGCE 2024 to take Place from 3rd to 5th September 2024
The Malaysian Rubber Glove Manufacturers Association (MARGMA) is pleased to announce that the world's leading rubber glove event, the 11th International Rubber Glove Conference & Exhibition (IRGCE) 2024, is set to take place at the Kuala Lumpur Convention Centre (KLCC) from 3rd September to 5th September 2024.
Malaysia's June Natural Rubber Production Up 16.8 Pct -- DoSM
KUALA LUMPUR: Malaysia's June natural rubber (NR) production rose by16.8 per cent month-on-month to 29,914 tonnes from 25,608 tonnes in May 2024, according to the Statistics Malaysia Department (DoSM).
12 AUG 2024
Malaysia's June Natural Rubber Production Up 16.8 Pct -- DoSM
KUALA LUMPUR: Malaysia's June natural rubber (NR) production rose by16.8 per cent month-on-month to 29,914 tonnes from 25,608 tonnes in May 2024, according to the Statistics Malaysia Department (DoSM).
Malaysia's IPI Rises Five Pct In June, Sustaining Six Months Of positive Growth - DoSM
KUALA LUMPUR: Malaysia’s Industrial production index (IPI) rose by five per cent year-on-year in June 2024, sustaining a positive momentum for six consecutive months, driven by consistent growth in the manufacturing sector, according to the Department of Statistics Malaysia (DoSM).
09 AUG 2024
Malaysia's IPI Rises Five Pct In June, Sustaining Six Months Of positive Growth - DoSM
KUALA LUMPUR: Malaysia’s Industrial production index (IPI) rose by five per cent year-on-year in June 2024, sustaining a positive momentum for six consecutive months, driven by consistent growth in the manufacturing sector, according to the Department of Statistics Malaysia (DoSM).
IISRP Publishes The 2024 Edition of Worldwide Rubber Statistics
HOUSTON: The International Institute of Synthetic Rubber Producers (IISRP) has published the 2024 edition of Worldwide Rubber Statistics, the world’s leading source for authoritative data about synthetic rubber. This edition of the publication, which has been published annually for more than 30 years, has revisions to elastomer plant capacities as the synthetic rubber market continues to be dynamic. Additionally, IISRP’s Chinese office has played a key part in this publication to enhance the intelligence on the Chinese market.
07 AUG 2024
IISRP Publishes The 2024 Edition of Worldwide Rubber Statistics
HOUSTON: The International Institute of Synthetic Rubber Producers (IISRP) has published the 2024 edition of Worldwide Rubber Statistics, the world’s leading source for authoritative data about synthetic rubber. This edition of the publication, which has been published annually for more than 30 years, has revisions to elastomer plant capacities as the synthetic rubber market continues to be dynamic. Additionally, IISRP’s Chinese office has played a key part in this publication to enhance the intelligence on the Chinese market.
Malaysian Rubber Market Likely to Trade Range-Bound Next Week
KUALA LUMPUR: The local rubber market is expected to trade range-bound with a slight tendency to be higher next week, said industry expert Denis Low.
03 AUG 2024
Malaysian Rubber Market Likely to Trade Range-Bound Next Week
KUALA LUMPUR: The local rubber market is expected to trade range-bound with a slight tendency to be higher next week, said industry expert Denis Low.
Rubber Products Sector Should Benefit from Improving ASPs
The rubber products sector is set to benefit from improving demand and strengthening average selling prices (ASPs), according to recent reports by RHB Investment Bank (RHB). The industry’s production run rate and order volumes showed notable growth in the second quarter of 2024 (2Q24), with a projected 10% quarter-on-quarter (QoQ) increase in volumes. Malaysia’s glove export volumes rose by 8% QoQ and 29% year-on-year (YoY) in 2Q24, contributing to a 10% QoQ increase in export value to MYR3.6 billion. The outlook for the second half of 2024 (2H24) remains positive, supported by anticipated demand recovery and higher ASPs.
31 JUL 2024
Rubber Products Sector Should Benefit from Improving ASPs
The rubber products sector is set to benefit from improving demand and strengthening average selling prices (ASPs), according to recent reports by RHB Investment Bank (RHB). The industry’s production run rate and order volumes showed notable growth in the second quarter of 2024 (2Q24), with a projected 10% quarter-on-quarter (QoQ) increase in volumes. Malaysia’s glove export volumes rose by 8% QoQ and 29% year-on-year (YoY) in 2Q24, contributing to a 10% QoQ increase in export value to MYR3.6 billion. The outlook for the second half of 2024 (2H24) remains positive, supported by anticipated demand recovery and higher ASPs.
'BRICS Will Allow Malaysia to Tap into New Markets'
Malaysia's membership of BRICS will allow the country to tap into new markets, increase trade and investment opportunities and enhance its global standing, said experts.
29 JUL 2024
'BRICS Will Allow Malaysia to Tap into New Markets'
Malaysia's membership of BRICS will allow the country to tap into new markets, increase trade and investment opportunities and enhance its global standing, said experts.
Consolidating small rubber plantations could help reduce rubber import bill by 50pct - Johari [BTTV]
Small rubber plantations should be consolidated to increase productivity to help reduce the country's reliance on imported rubber, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
23 JUL 2024
Consolidating small rubber plantations could help reduce rubber import bill by 50pct - Johari [BTTV]
Small rubber plantations should be consolidated to increase productivity to help reduce the country's reliance on imported rubber, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
Malaysian rubber market set to recover next week
Prices in the local rubber market are expected to recover next week due to enveloping bad weather conditions in the rubber-producing regions, said an industry expert.
20 JUL 2024
Malaysian rubber market set to recover next week
Prices in the local rubber market are expected to recover next week due to enveloping bad weather conditions in the rubber-producing regions, said an industry expert.
Malaysia To Benefit from Chinese Glove Makers' Shift to Europe and Asia from US
Chinese glove makers' decision to shift their target markets from the US to European and Asian markets will result in a near-term trade diversion from the US to Malaysia, which will benefit most Malaysian players like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
17 JUL 2024
Malaysia To Benefit from Chinese Glove Makers' Shift to Europe and Asia from US
Chinese glove makers' decision to shift their target markets from the US to European and Asian markets will result in a near-term trade diversion from the US to Malaysia, which will benefit most Malaysian players like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
Malaysia's Natural Rubber Production Up 20.1 Pct In May - DOSM
Malaysia's natural rubber (NR)production rose 20.1 per cent month-on-month to 25,608 tonnes in May 2024 from 21,325 tonnes in April 2024, according to the Department of Statistics Malaysia (DoSM).
12 JUL 2024
Malaysia's Natural Rubber Production Up 20.1 Pct In May - DOSM
Malaysia's natural rubber (NR)production rose 20.1 per cent month-on-month to 25,608 tonnes in May 2024 from 21,325 tonnes in April 2024, according to the Department of Statistics Malaysia (DoSM).
Rubber Market Likely to Trade Range-Bound with Downside Bias Next Week
The rubber market is expected to trade range-bound with downside bias next week as the weather has changed for the better with the continuous rain-free conditions, said an expert.
06 JUL 2024
Rubber Market Likely to Trade Range-Bound with Downside Bias Next Week
The rubber market is expected to trade range-bound with downside bias next week as the weather has changed for the better with the continuous rain-free conditions, said an expert.
Second Quarter 2024: Global Medical Device Regulatory Harmonization Continues
As we move into the latter half of 2024, and as we shared earlier this year, global regulatory harmonization persists. In this update, we take a whirlwind tour of countries exemplifying regulatory reliance, IVD updates and globalization modeling.
05 JUL 2024
Second Quarter 2024: Global Medical Device Regulatory Harmonization Continues
As we move into the latter half of 2024, and as we shared earlier this year, global regulatory harmonization persists. In this update, we take a whirlwind tour of countries exemplifying regulatory reliance, IVD updates and globalization modeling.
Johari Ghani: Ministry Plans to Cluster Rubber Smallholders to Boost Production
The Plantation and Commodities Ministry is currently examining a model to consolidate and unify rubber smallholders into clusters of 500 to 1,000 hectares to increase rubber production capacity and reduce costs.
03 JUL 2024
Johari Ghani: Ministry Plans to Cluster Rubber Smallholders to Boost Production
The Plantation and Commodities Ministry is currently examining a model to consolidate and unify rubber smallholders into clusters of 500 to 1,000 hectares to increase rubber production capacity and reduce costs.
IMDRF Updates Guidance on Global Regulatory Submissions
Global harmonization continues to excite us all. And, global harmonization of medical device registration submissions is one way to advance the objectives of the International Medical Device Regulators Forum (IMDRF) and regulatory reliance. These documents are a must-read for any serious regulatory professional.
02 JUL 2024
IMDRF Updates Guidance on Global Regulatory Submissions
Global harmonization continues to excite us all. And, global harmonization of medical device registration submissions is one way to advance the objectives of the International Medical Device Regulators Forum (IMDRF) and regulatory reliance. These documents are a must-read for any serious regulatory professional.
EUDR To Have Extensive Impact on Industries
The European Union Deforestation Regulation (EUDR) which is scheduled to commence from Dec 30, 2024, is anticipated to have a wide-ranging impact on the various industries in Malaysia moving forward.
25 JUN 2024
EUDR To Have Extensive Impact on Industries
The European Union Deforestation Regulation (EUDR) which is scheduled to commence from Dec 30, 2024, is anticipated to have a wide-ranging impact on the various industries in Malaysia moving forward.
Rubber Market Likely to Trade Range-Bound Next Week
The rubber market is expected to trade range-bound with a downward bias next week, according to industry expert Denis Low. He said that the lack of ships sailing is becoming an issue, exacerbated by the ongoing Red Sea crisis and global uncertainties which have led to extremely high shipping rates, putting a damper on the rubber market.
22 JUN 2024
Rubber Market Likely to Trade Range-Bound Next Week
The rubber market is expected to trade range-bound with a downward bias next week, according to industry expert Denis Low. He said that the lack of ships sailing is becoming an issue, exacerbated by the ongoing Red Sea crisis and global uncertainties which have led to extremely high shipping rates, putting a damper on the rubber market.
Rubber Products Growth Set to Accelerate
Operating dynamics remain in favour of the glove manufacturers on the back of better demand visibility, supply rationalisation, and stabilisation of ASP. RHB Investment Bank (RHB), in its Regional Sector Update today (June 18), said they learnt that the current production run rate has improved tremendously as order volumes in 2Q24 are expected to be higher vs 1Q24.
18 JUN 2024
Rubber Products Growth Set to Accelerate
Operating dynamics remain in favour of the glove manufacturers on the back of better demand visibility, supply rationalisation, and stabilisation of ASP. RHB Investment Bank (RHB), in its Regional Sector Update today (June 18), said they learnt that the current production run rate has improved tremendously as order volumes in 2Q24 are expected to be higher vs 1Q24.
Biden’s China Tariffs Mark a Major Shift in US Policy, Analysts Say
A new round of tariffs imposed by the Biden administration on various Chinese goods, including medical devices, points to a broader shift in US strategy for strengthening supply chains and ensuring Americans have reliable access to safe products, according to analysts who spoke to Medtech Insight about the tariffs. While fueled by the pandemic, the momentum pushing this change in trade policy has been growing for some time.
14 JUN 2024
Biden’s China Tariffs Mark a Major Shift in US Policy, Analysts Say
A new round of tariffs imposed by the Biden administration on various Chinese goods, including medical devices, points to a broader shift in US strategy for strengthening supply chains and ensuring Americans have reliable access to safe products, according to analysts who spoke to Medtech Insight about the tariffs. While fueled by the pandemic, the momentum pushing this change in trade policy has been growing for some time.
Stats Dept: Malaysia's Natural Rubber Output Drops 20.9pc in April
Malaysia's natural rubber (NR) production fell by 20.9 per cent to 21,325 tonnes in April 2024 from 26,966 tonnes in March of this year, according to the Department of Statistics Malaysia (DoSM).
11 JUN 2024
Stats Dept: Malaysia's Natural Rubber Output Drops 20.9pc in April
Malaysia's natural rubber (NR) production fell by 20.9 per cent to 21,325 tonnes in April 2024 from 26,966 tonnes in March of this year, according to the Department of Statistics Malaysia (DoSM).
Rubber Glove Sector Upgraded to 'Neutral'
The glove industry is believed to be entering a recovery phase, with uptick in demand as customers replenish their inventories. Public Investment Bank Bhd (PublicInvest) said this indicates a narrower supply-demand imbalance, though pricing pressure and stagnant average selling prices (ASPs) will continue to challenge the industry. Additionally, the firm said the recent development with the US imposing higher tariff rates on China's surgical and medical gloves from 7.5 per cent to 25 per cent effective by 2026, is expected to divert orders from China to Malaysia.
07 JUN 2024
Rubber Glove Sector Upgraded to 'Neutral'
The glove industry is believed to be entering a recovery phase, with uptick in demand as customers replenish their inventories. Public Investment Bank Bhd (PublicInvest) said this indicates a narrower supply-demand imbalance, though pricing pressure and stagnant average selling prices (ASPs) will continue to challenge the industry. Additionally, the firm said the recent development with the US imposing higher tariff rates on China's surgical and medical gloves from 7.5 per cent to 25 per cent effective by 2026, is expected to divert orders from China to Malaysia.
Updated European Commission Data Dashboard
Earlier this year, we shared information about the European Commission (EC) dashboard, which will present data to show the availability of medical devices in the EU and the progression of transitions to the MDR and IVDR.
07 JUN 2024
Updated European Commission Data Dashboard
Earlier this year, we shared information about the European Commission (EC) dashboard, which will present data to show the availability of medical devices in the EU and the progression of transitions to the MDR and IVDR.
Malaysia Can Achieve Double-Digit Growth in Rubber Gloves Export in 2024
The Ministry of Plantation and Commodities is cautiously optimistic that Malaysia will be able to achieve a double digit growth in rubber gloves export revenue this year. Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said that last year, Malaysia exported over RM11 billion worth of rubber gloves, which accounts for 58 per cent of the nation’s total export of rubber products.
06 JUN 2024
Malaysia Can Achieve Double-Digit Growth in Rubber Gloves Export in 2024
The Ministry of Plantation and Commodities is cautiously optimistic that Malaysia will be able to achieve a double digit growth in rubber gloves export revenue this year. Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said that last year, Malaysia exported over RM11 billion worth of rubber gloves, which accounts for 58 per cent of the nation’s total export of rubber products.
Anticipated Decline in Natural Rubber Prices in May Amid Market Dynamics
The Natural Rubber market is bracing for a stable dip in prices throughout May, driven by a complex interplay of global factors affecting both exporting and importing nations. Natural Rubber, an essential raw material sourced from rubber tree latex, is integral to various industries, particularly in the production of tires, automotive parts, footwear, adhesives, and medical devices.
22 MAY 2024
Anticipated Decline in Natural Rubber Prices in May Amid Market Dynamics
The Natural Rubber market is bracing for a stable dip in prices throughout May, driven by a complex interplay of global factors affecting both exporting and importing nations. Natural Rubber, an essential raw material sourced from rubber tree latex, is integral to various industries, particularly in the production of tires, automotive parts, footwear, adhesives, and medical devices.
Malaysian Rubber Glove Makers Gain on Biden's New China Tariffs
Tariff increases on Chinese products unveiled last week by the U.S. have produced an unexpected winner in the stock market: Malaysia's rubber glove makers. Shares of Top Glove, a big rubber glove maker in Malaysia, hit their highest point in nearly two years last week, jumping 30% on Wednesday alone. Local peers Hartalega Holdings and Kossan Rubber Industries also surged, as did Thai competitor Sri Trang Glove.
21 MAY 2024
Malaysian Rubber Glove Makers Gain on Biden's New China Tariffs
Tariff increases on Chinese products unveiled last week by the U.S. have produced an unexpected winner in the stock market: Malaysia's rubber glove makers. Shares of Top Glove, a big rubber glove maker in Malaysia, hit their highest point in nearly two years last week, jumping 30% on Wednesday alone. Local peers Hartalega Holdings and Kossan Rubber Industries also surged, as did Thai competitor Sri Trang Glove.
Mexico COFEPRIS Announces Revised Draft Labeling Standard
The regulator in Mexico, COFEPRIS, released (March 12) a new project for the NOM for Medical Device labeling, NOM-137-SSA1-2024. This is in part to align with ISO 15223-1:2021, as well as other international expectations. This is a project open for comment. Part two discusses fundamental aspects of the proposed draft standard.
30 APR 2024
Mexico COFEPRIS Announces Revised Draft Labeling Standard
The regulator in Mexico, COFEPRIS, released (March 12) a new project for the NOM for Medical Device labeling, NOM-137-SSA1-2024. This is in part to align with ISO 15223-1:2021, as well as other international expectations. This is a project open for comment. Part two discusses fundamental aspects of the proposed draft standard.
MARGMA Confident Global Demand for Rubber Gloves Will Rebound in 2024
The Malaysian Rubber Glove Manufacturers Association (Margma) is optimistic that global demand for rubber gloves will rebound in 2024. It sees demand surging to 450 billion pieces by 2027 despite the demand dropping to 307.2 billion pieces in 2023.
19 APR 2024
MARGMA Confident Global Demand for Rubber Gloves Will Rebound in 2024
The Malaysian Rubber Glove Manufacturers Association (Margma) is optimistic that global demand for rubber gloves will rebound in 2024. It sees demand surging to 450 billion pieces by 2027 despite the demand dropping to 307.2 billion pieces in 2023.
Malaysia 1Q GDP Estimated to Expand 3.9 Pct, Driven by Services Sector -- DOSM
Malaysia's economy is forecast to have grown by 3.9 per cent in the first quarter of 2024 (1Q 2024) based on advance estimates, compared to 3.0 per cent in the previous quarter, spearheaded by the services sector, according to the Department of Statistics Malaysia (DOSM).
19 APR 2024
Malaysia 1Q GDP Estimated to Expand 3.9 Pct, Driven by Services Sector -- DOSM
Malaysia's economy is forecast to have grown by 3.9 per cent in the first quarter of 2024 (1Q 2024) based on advance estimates, compared to 3.0 per cent in the previous quarter, spearheaded by the services sector, according to the Department of Statistics Malaysia (DOSM).
Karex Justifies OBM Move, Adds Synthetic Condoms
After a challenging period during the Covid-19 pandemic, Karex Bhd — which posted net losses for the first time over two consecutive years — turned the corner last year. The condom maker will now focus on growing its range of offerings with the highest margins — its own branded products as well as yet-to-be-launched synthetic condoms for an undisclosed commercial brand.
20 MAR 2024
Karex Justifies OBM Move, Adds Synthetic Condoms
After a challenging period during the Covid-19 pandemic, Karex Bhd — which posted net losses for the first time over two consecutive years — turned the corner last year. The condom maker will now focus on growing its range of offerings with the highest margins — its own branded products as well as yet-to-be-launched synthetic condoms for an undisclosed commercial brand.
Top Glove Targets Return to Profit in Two More Quarters as Glove Demand Recovers
Top Glove Corp Bhd is keeping to its target to return to the black as early as August this year, as demand for gloves continues to pick up after two years of inventory destocking due to excess capacity built up during the Covid-19 pandemic.
20 MAR 2024
Top Glove Targets Return to Profit in Two More Quarters as Glove Demand Recovers
Top Glove Corp Bhd is keeping to its target to return to the black as early as August this year, as demand for gloves continues to pick up after two years of inventory destocking due to excess capacity built up during the Covid-19 pandemic.
Plant Utilisation of Rubber Glove Makers Improve
While many are still bearish on the glove sector, AmInvestment Bank Research (AmResearch) has an “overweight” call, and is of the view that there is an opportunity for investors to bottom fish for stocks like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
11 MAR 2024
Plant Utilisation of Rubber Glove Makers Improve
While many are still bearish on the glove sector, AmInvestment Bank Research (AmResearch) has an “overweight” call, and is of the view that there is an opportunity for investors to bottom fish for stocks like Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
Update from MHRA on UK MedTech Regulatory Reform
The UK medical device regulator, the Medicines and Healthcare products Regulatory Authority (MHRA), presented a webinar (March 5) on the upcoming changes to the medical devices legislation for Great Britain (GB). The webinar was presented by MHRA staff (Eve Hutchinson, Clare Thompson, Joseph Burt, Paul Campbell, Jenny Keating and Cristina Santirso-Margaretto) and provided an update on the draft policy on scope, classification and essential requirements for medical devices, based on the government response to the 2021 consultation.
06 MAR 2024
Update from MHRA on UK MedTech Regulatory Reform
The UK medical device regulator, the Medicines and Healthcare products Regulatory Authority (MHRA), presented a webinar (March 5) on the upcoming changes to the medical devices legislation for Great Britain (GB). The webinar was presented by MHRA staff (Eve Hutchinson, Clare Thompson, Joseph Burt, Paul Campbell, Jenny Keating and Cristina Santirso-Margaretto) and provided an update on the draft policy on scope, classification and essential requirements for medical devices, based on the government response to the 2021 consultation.
Wellcall Exploring New Markets and Customers Ahead of 20% Capacity Expansion
With solid earnings growth, good profit margins, a decent dividend yield, impressive share price performance, reasonable stock valuation and a healthy net cash position, original equipment manufacturer (OEM) rubber hose maker Wellcall Holdings Bhd seems to tick all the boxes for investors.
05 MAR 2024
Wellcall Exploring New Markets and Customers Ahead of 20% Capacity Expansion
With solid earnings growth, good profit margins, a decent dividend yield, impressive share price performance, reasonable stock valuation and a healthy net cash position, original equipment manufacturer (OEM) rubber hose maker Wellcall Holdings Bhd seems to tick all the boxes for investors.
Update on China’s Regulatory Requirements for Medical Gloves
The Committee on Technical Barriers to Trade of the World Trade Organization (WTO) released a notification on 12 February 2024 to inform that the State Administration for Market Regulation (Standardization Administration of the People’s Republic of China (P.R.C.)) has released a draft standard of GB 24788-XXXX for public comments. The document is to replace GB 24788-2009, and the public is allowed to comment within 60 days from the WTO notification.
05 MAR 2024
Update on China’s Regulatory Requirements for Medical Gloves
The Committee on Technical Barriers to Trade of the World Trade Organization (WTO) released a notification on 12 February 2024 to inform that the State Administration for Market Regulation (Standardization Administration of the People’s Republic of China (P.R.C.)) has released a draft standard of GB 24788-XXXX for public comments. The document is to replace GB 24788-2009, and the public is allowed to comment within 60 days from the WTO notification.
Plantation Ministry: Centralised Model Being Developed to Overcome Rubber Worker Shortage
The government is developing a centralised consolidation and clustering model to address local and foreign labour shortages in the rubber industry’s upstream sector.
28 FEB 2024
Plantation Ministry: Centralised Model Being Developed to Overcome Rubber Worker Shortage
The government is developing a centralised consolidation and clustering model to address local and foreign labour shortages in the rubber industry’s upstream sector.
Malaysian Manufacturing Capacity Utilisation Rate At 79.8% in Q4
Malaysia’s manufacturing industry operated at 79.8% of capacity in the fourth quarter of 2023 (Q4’23), down 0.4 percentage point from 80.2% in the corresponding quarter of 2022, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said.
21 FEB 2024
Malaysian Manufacturing Capacity Utilisation Rate At 79.8% in Q4
Malaysia’s manufacturing industry operated at 79.8% of capacity in the fourth quarter of 2023 (Q4’23), down 0.4 percentage point from 80.2% in the corresponding quarter of 2022, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said.
Malaysia Establishes Technical Committee to Strengthen Commodity Sector
Malaysia has formed a technical committee to safeguard fair trade and local commodity producers, particularly in the palm oil and rubber industries. This initiative enhances competitiveness, ensures compliance with international standards, and protects against international pressures.
15 FEB 2024
Malaysia Establishes Technical Committee to Strengthen Commodity Sector
Malaysia has formed a technical committee to safeguard fair trade and local commodity producers, particularly in the palm oil and rubber industries. This initiative enhances competitiveness, ensures compliance with international standards, and protects against international pressures.
Malaysia MDA Publishes Harmonized Guidance on Post-Market Surveillance Information Exchange for ASEAN Member States
The Malaysia Medical Device Authority (MDA) released the first edition of its harmonized guidance document on post-market data exchange between member states of the Association of Southeast Asian Nations (ASEAN).
06 FEB 2024
Malaysia MDA Publishes Harmonized Guidance on Post-Market Surveillance Information Exchange for ASEAN Member States
The Malaysia Medical Device Authority (MDA) released the first edition of its harmonized guidance document on post-market data exchange between member states of the Association of Southeast Asian Nations (ASEAN).
Emergo by UL On-Demand Webinar: Recent Brazil Regulatory Updates
The recent Brazil regulatory updates, as discussed in the Emergo Webinar by Luiz Levy, RAC, Manager of Quality and Regulatory Affairs Brazil, highlighted two significant resolutions related to medical devices and in vitro diagnostics (IVDs): RDC 751/2022 and RDC 830/2023.
06 FEB 2024
Emergo by UL On-Demand Webinar: Recent Brazil Regulatory Updates
The recent Brazil regulatory updates, as discussed in the Emergo Webinar by Luiz Levy, RAC, Manager of Quality and Regulatory Affairs Brazil, highlighted two significant resolutions related to medical devices and in vitro diagnostics (IVDs): RDC 751/2022 and RDC 830/2023.
US FDA Sets 2026 Timeline for Medical Device QMSR Rollout
The U.S. Food and Drug Administration (FDA) has officially incorporated the ISO 13485: 2016, Medical Devices — Quality Management Systems — Requirements for Regulatory Purposes, into its Quality Management System Regulation (QMSR) final rule. This significant change aims to streamline compliance for organizations following international standards. It is a major step towards harmonizing medical device regulations in the U.S. with other global markets.
05 FEB 2024
US FDA Sets 2026 Timeline for Medical Device QMSR Rollout
The U.S. Food and Drug Administration (FDA) has officially incorporated the ISO 13485: 2016, Medical Devices — Quality Management Systems — Requirements for Regulatory Purposes, into its Quality Management System Regulation (QMSR) final rule. This significant change aims to streamline compliance for organizations following international standards. It is a major step towards harmonizing medical device regulations in the U.S. with other global markets.
Plantation and Commodities Ministry Discusses Ways to Help Rubber Glove Industry
The Plantation and Commodities Ministry held a discussion today with the Malaysian Rubber Glove Manufacturers Association (MARGMA) on measures to resolve critical issues towards ensuring the industry’s ability to meet global challenges.
20 JAN 2024
Plantation and Commodities Ministry Discusses Ways to Help Rubber Glove Industry
The Plantation and Commodities Ministry held a discussion today with the Malaysian Rubber Glove Manufacturers Association (MARGMA) on measures to resolve critical issues towards ensuring the industry’s ability to meet global challenges.
MRC: Malaysia Earned RM27.2b from Rubber Exports in 2023
Malaysia earned RM27.16 billion from rubber exports in 2023, with 70%, or RM19.04 billion, coming from rubber gloves, the Malaysian Rubber Council (MRC) said.
18 JAN 2024
MRC: Malaysia Earned RM27.2b from Rubber Exports in 2023
Malaysia earned RM27.16 billion from rubber exports in 2023, with 70%, or RM19.04 billion, coming from rubber gloves, the Malaysian Rubber Council (MRC) said.
Malaysian Rubber Industry's Progress in Addressing Forced Labour Paves the Way for Broader ESG Initiatives, Says ILO
The positive steps taken by the Malaysian rubber industry to address forced labour and recruitment challenges in recent years should be sustained and matched by similar efforts to implement other labour standards, contained in environmental, social, and governance (ESG) regulations, according to an International Labour Organization (ILO) senior official.
17 JAN 2024
Malaysian Rubber Industry's Progress in Addressing Forced Labour Paves the Way for Broader ESG Initiatives, Says ILO
The positive steps taken by the Malaysian rubber industry to address forced labour and recruitment challenges in recent years should be sustained and matched by similar efforts to implement other labour standards, contained in environmental, social, and governance (ESG) regulations, according to an International Labour Organization (ILO) senior official.
Rubber Glove Players in For Recovery
The recent improved export data and a steady average selling prices (ASPs) for glove manufacturers point to a positive recovery in demand.
08 JAN 2024
Rubber Glove Players in For Recovery
The recent improved export data and a steady average selling prices (ASPs) for glove manufacturers point to a positive recovery in demand.
Johari Ghani: Rubber Sector Needs 80,000 Workers
The rubber plantation sector needs an estimated 80,000 workers to meet the needs of rubber smallholders, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.
05 JAN 2024
Johari Ghani: Rubber Sector Needs 80,000 Workers
The rubber plantation sector needs an estimated 80,000 workers to meet the needs of rubber smallholders, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.