Home Capital Broker's Calls

Rise in gas tariff will only minimally impact Malaysia glove players

Samantha Chiew
Samantha Chiew7/17/2017 11:43 AM GMT+08  • 2 min read
Rise in gas tariff will only minimally impact Malaysia glove players
SINGAPORE (July 17): DBS is remaining positive on Malaysia’s glove manufacturers despite the recent gas tariff hike.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 17): DBS is remaining positive on Malaysia’s glove manufacturers despite the recent gas tariff hike.

Gas Malaysia has revised the natural gas tariff to an average gas tariff of RM28.05/MMBtu ($8.95/MMBtu) for the period of July 1, 2017 to Dec 31, 2017.

Fortunately, the Malaysian government will be subsidising RM1.59/MMBtu, which brings the average base tariff to RM26.46/MMBtu, a 0.57% increase from RM26.31/MMBtu previously.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now