Srinagar, April 27 -- Srinagar -Global bedroom bills are getting hotter-and not in a fun way. Malaysian condom giantKarexis jacking up prices by as much as 30%, pointing the finger squarely at turmoil around theStrait of Hormuz.
CEOGoh Miah Kiatsays spiralling costs for latex, lubricants, and packaging-and sky-high freight charges-have left the company with "no choice" but to pass the heat on to consumers. From condoms to catheters, nothing escapes the squeeze.
Behind the scenes, the crisis is biting hard. The ongoing conflict involvingIranis choking vital petrochemical supplies, sending prices of key materials like silicone oil and nitrile latex through the roof. Shipping delays have doubled delivery times, leaving global stockpiles dang...