Author: admin

GITI Tire in Covid-19 fund misuse allegation

The United Steelworkers (USW) earlier called out Giti Tire for “misspending millions in Covid-19 stimulus funds”. The group, one of South Carolina’s largest unions and representing 850,000-workforce in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply, and the energy-producing…

Sri Lanka forms a committee to develop rubber cultivation

Sri Lanka’s Minister Keheliya Rambukwella confirms the  approval of the proposed committee for the development of rubber cultivation and its affiliated industries in the country, the government news portal, News.Lk, reported. The proposal was submitted by the Minister of Plantation,…

SGX invests in rubber trading platform HeveaConnect

Singapore Exchange (SGX) has taken a minority stake in HaveaConnect (HC), a Singapore-founded digital marketplace for sustainable natural rubber (NR).  SGX, which is investing US$1.5 million via its wholly-owned subsidiary Asian Gateway Investments, joins Halcyon Agri Corporation Limited (HAC), ITOCHU Corporation and DBS Bank as shareholders…