Showing 1 - 10 of 36
STGT Delivers EUDR-Compliant Rubber Gloves to Europe
Published on 30/08/2024
» Sri Trang Gloves (Thailand) Public Company Limited (STGT) is set to deliver its first orders of natural rubber gloves produced from EUDR-compliant latex sourced from its parent company, Sri Trang Agro-Industry Public Company Limited (STA), to customers across the medical and other industry sectors by August 2024. This significant step underscores STGT's readiness to meet the European Union's forthcoming traceability requirements for natural rubber and processed rubber products, which will be enforced by the end of this year and in other regions worldwide in the future.
Officials offer bleak view on latex medical gloves
Business, Lamonphet Apisitniran, Published on 07/06/2023
» Manufacturers of medical gloves made from rubber latex can expect a continued decline in exports this year, following the easing of Covid-19 infections and a ban on gloves made from natural rubber by some countries, says the Office of Industrial Economics (OIE).
Malaysia's labour abuse allegations a risk to export growth model
Reuters, Published on 21/12/2021
» KUALA LUMPUR: Malaysia's government and companies must address mounting allegations of workplace abuse of migrant labourers who fuel the country's economy, or face risks to its export-reliant growth model, experts warn.
Markets plunge on new variant fears
Business, Nuntawun Polkuamdee, Published on 27/11/2021
» Thai and global stock markets slumped yesterday after the emergence of a new and likely more contagious Covid-19 variant called B.1.1.529 that triggered a risk-off sentiment.
American suspected in abduction case
News, Published on 28/10/2021
» The Central Investigation Bureau (CIB) says an American national who allegedly sold a story to CNN about used medical gloves exported from Thailand is also a suspect in a case involving the reported abduction of a Taiwanese businessman.
Thai company exports 'counterfeit medical gloves'
Gary Boyle, Published on 26/10/2021
» Prime Minister Prayut Chan-o-cha has ordered a probe into tens of millions of counterfeit medical gloves reportedly imported into the US from Thailand, following a report by CNN.
As global demand recovers, exports set to accelerate
Business, Bangkok bank, Published on 31/05/2021
» In April 2021, Thailand’s export value surpassed $20 billion for the third month in a row, with a growth rate of 13.09% YoY, the largest gain in 36 months. Excluding gold, oil-related products, and weaponry, April exports skyrocketed 25.7% YoY. Rising export trend is consistent with Global Manufacturing PMI level of 55.8, the highest in 11 years. Nevertheless, imports climbed 29.8% YoY to $21.25 billion, resulting in a comparatively small trade surplus of $182.48 million — a collapse from April 2020 surplus of over $ 2.5 billion. Perhaps, it’s worth noting that last year’s export performance was distorted, and therefore severely understated, by the global lockdown.
Private sector girds for third wave
Business, Post Reporters, Published on 27/04/2021
» Business sectors are preparing to face a more critical impact than last year's nationwide lockdown after a fresh wave of the contagion with more than 2,000 daily cases triggering stricter measures to contain the outbreak in Bangkok and other cities.
Economic fire continues to rage
Business, Post Reporters, Published on 23/12/2020
» Fighting the pandemic and keeping the ailing economy going have been almost insurmountable tasks for Thailand this year. The Bank of Thailand has forecast a GDP contraction of 7.8% in 2020, crucially weighed down by the outbreak.
Glove demand creates path for rubber farmers
Business, Lamonphet Apisitniran, Published on 12/11/2020
» Dr Boon Vanasin, owner and chairman of Thonburi Healthcare Group, is embarking on a new business journey by mixing healthcare and agricultural businesses together.