Canada halts imports from Supermax over forced-labour allegations
CANADA has halted imports from Malaysian glove-maker Supermax Corp weeks after a similar move from the U.S. amid allegations of forced-labor practices. Photographer: Samsul Said/Bloomberg
CANADA has halted imports from Malaysian glove-maker Supermax Corp weeks after a similar move from the U.S. amid allegations of forced-labor practices.
Canada barred additional deliveries from the company's unit, Supermax Healthcare Canada, to the government until an audit report on the matter mandated by the firm is reviewed by authorities,
Public Services and Procurement Canada said in a statement on November 10.
The audit report is expected by the middle of this month, according to the statement.
Shares of key Malaysian glove makers such as Top Glove Corp, Hartalega Holdings Bhd and Supermax, which are bellwethers for the industry, have more than halved this year after being among the hottest trades during the pandemic in 2020.
The rising pace of vaccinations and allegations of labor abuse at some companies has weighed on the sector's business outlook.
The Canadian authority said it "is aware of the steps taken recently by the US government against glove maker Supermax" and that the Malaysian firm had hired an independent firm last month to conduct a comprehensive audit of its operations in accordance with the indicators of forced labor of the International Labour Organisation.
The U.S Customs and Border Protection ordered personnel at US ports of entry in October to seize Supermax's latex gloves based on information that "reasonably indicates" the use of forced labor.
Supermax said at that time it had begun work on complying with the ILO standards since 2019, and that it would speed up the process.
Malaysian companies making everything from gloves to palm oil have grappled with intense scrutiny over poor labor practices.
The US customs previously banned imports from FGV Holdings Bhd and Sime Darby Plantation Bhd and last month allowed Top Glove Corp, the world's largest rubber-glove maker, to resume shipments to the US after a year-long ban.
https://www.nst.com.my/business/2021/11/745303/canada-halts-imports-supermax-over-forced-labour-allegations
Singapore Investment
-
-
Thai Beverage – In Line As Margins Improve37 minutes ago
-
Beware Of Scams7 hours ago
-
-
-
-
-
-
-
-
Consolidation15 hours ago
-
-
-
-
-
-
-
Fed Delays Rate Cuts to September23 hours ago
-
-
-
Buying a home for face1 day ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Finance Investment Movement 443 days ago
-
-
-
-
-
Going REITs Shopping Again4 days ago
-
-
Weekly Markets Outlook4 days ago
-
Market indeed coming down5 days ago
-
Cory Diary : Dividend Q1 '245 days ago
-
-
-
-
-
-
-
-
-
-
-
Banks and Miles Report – Mar 20241 week ago
-
-
Revisiting Bitcoin1 week ago
-
-
-
-
-
-
-
-
-
-
-
Retirement Journey Update for March 20242 weeks ago
-
-
-
1Q 2024 Investment Strategy Update2 weeks ago
-
-
Portfolio Summary for March 20242 weeks ago
-
Reasonable Dividend Yield 2024Q22 weeks ago
-
-
-
Portfolio (March 30, 2024)3 weeks ago
-
-
-
QAF #77 - 2023 Annual Report3 weeks ago
-
Lentor Hills Residences3 weeks ago
-
Burnt out!3 weeks ago
-
-
-
Feb 2024 Expenditure3 weeks ago
-
-
-
Starting Our Second Property Cycle4 weeks ago
-
-
Position Update4 weeks ago
-
-
-
-
-
-
-
-
-
Feb 2024 Portfolio1 month ago
-
-
Summary of February 20241 month ago
-
The Market Is A Scam!1 month ago
-
-
-
-
-
-
-
-
Options Trading Journal Jan 20242 months ago
-
-
-
-
-
-
-
-
-
End of 2023 Review3 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report3 months ago
-
Monthly Summary of November 20234 months ago
-
3 Simple Poker Strategies for Beginners4 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?4 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates7 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
A New Light11 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-