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The real issue doesn't lie with the company itself. In fact, Trump's policies previously benefited local glove manufacturers. The main challenge now stems from government policies—namely, the removal of gas, water, electricity subsidies, the increase in minimum wage to RM1,700 by 2025, and the mandatory EPF contributions. These measures are driving up local glove production costs, making them less competitive compared to China. Given the rising public discontent, I anticipate a regime change in the near future.
In business, there’s no room for charity if you aim to be at the top. Business is war and in war, you feed your best soldiers better than the weaker ones. If you don’t, you lose. It’s as simple as that. Stop being delusional bail out loser.
