KUALA LUMPUR, Oct 14 (Bernama) -- Budget 2027 aims to strengthen Malaysia’s economic resilience, support industrial transformation and enhance workforce development in the rubber glove sector, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
Business : Budget 2027 To Strengthen Rubber Glove Sectorâs Resilience, Transformation â MARGMA
Budget 2027, rubber gloves, manufacturing, MARGMA,
Key points
- The rubber glove industry remains a significant contributor to the nation's economy, as one of Malaysia's major export-oriented manufacturing sectors, with exports exceeding RM7 billion in the first half of 2026, accounting for approximately 66 per cent of the country's total rubber product exports.
- Oon said the association also welcomes efforts to strengthen the natural rubber ecosystem and improve the livelihoods of smallholders.
- “Policies should continue to ensure the affordability, stability and competitiveness of natural rubber latex supply for downstream manufacturers, supporting sustainable growth throughout the value chain,” he said.
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Related reporting
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