Malaysia's Top Glove saw profits soar, and its stock price jump as much as 400% this year as countries worldwide rushed to buy protective gear as the pandemic intensified. Top Glove, which commands about a quarter of the world's market, has warned of delays to deliveries and rising prices. Also read - Malaysia to charge Top Glove over worker accommodationsBut critics say the actions were too little too late. 'Really scared'As cases spiralled, the government ordered 28 Top Glove factories to close, out of the 41 it operates in Malaysia. Top Glove says the vast majority of workers who tested positive have already been released from hospital, and some factories are now reopening.
Source: Dhaka Tribune December 13, 2020 06:45 UTC