Testimonials

Very happy with the service RW Freight gave us on our export shipment to Finland.

Freight Exporter to Finland
57211

Rate excellent

Norway Groupage Exporter
92131

We only use RW Freight for our shipments. Exports to Sweden are quick and staff are professional.

Sweden Full/Part Load Exporter
83881

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Lower ringgit boosts rubber glove exports

Tags: ,


Top Glove Corp, the world’s biggest rubber-glove maker, said the fall in Malaysia’s currency to its weakest level in six years would benefit the country’s exporters.

The stronger US dollar “augurs well” for exports, chairman Tan Sri Lim Wee Chai said. A weaker currency makes Malaysian goods cheaper for importers, and boosts the value of overseas export sales at companies such as Top Glove.

The ringgit has weakened 14% versus the dollar in the past six months, the most among Asian currencies, as oil prices tumbled and investors speculated the Federal Reserve will bring forward the timing of interest-rate increases.