Business
Global Condom Giant to Hike Prices by Up to 30% Amidst Supply Chain Issues Linked to Middle East Tensions
The world's largest condom manufacturer, Karex Bhd, has announced plans to increase product prices by 20% to 30%. This decision comes as the company grapples with escalating raw material and logistics costs, exacerbated by global supply chain disruptions attributed to the ongoing conflict involving the US, Israel, and Iran.