Goh Miah Kiat

Goh Miah Kiat is the chief executive of Karex Bhd, a Malaysian company that produces condoms. He recently stated that the company will increase prices by 20-30% due to supply chain disruptions caused by the ongoing conflict in Iran. This move is expected to affect customers worldwide as rising freight costs and shipping delays have led to lower stockpiles. The surge in demand for condoms has resulted from these disruptions, making it necessary for Karex to adjust its pricing strategy. As a result of this development, consumers may face higher prices for condoms, highlighting the impact of global events on everyday products.