Dhaka, April 22 -- Karex, the world's largest condom maker, plans to raise prices by up to 30% or more due to rising production costs.
The boss of Karex says the firm may raise the prices if the Iran war continues to disrupt supplies of the raw materials used in its products, BBC reports.
Karex's chief executive Goh Miah Kiat told media outlets that production costs have risen sharply since the start of the conflict.
The Malaysia-based firm produces more than 5 billion condoms a year and supplies leading global brands like Durex and Trojan, as well as state health systems like the UK's NHS.
Goh made the comments in interviews with Reuters and Bloomberg. The BBC has contacted the company.
Since Iran responded to US and Israeli airstri...
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