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Business 11 Jul 2003 | 12:00 AM

Health Solutions to ride on 20% growth of the industry

HEALTH Solutions (South East Asia) Sdn Bhd aims to achieve more than RM30mil in revenue this year compared with over RM20mil last year.

Business 11 Jul 2003 | 12:00 AM

Sunway Medical Centre expects to break even this year

SUNWAY Medical Centre Bhd, a unit of the Sunway group, is optimistic of breaking even later this year after operating for just over three years and incurring an investment of RM100mil.

Business 01 Jul 2003 | 12:00 AM

Foreign insurance news in brief

Foreign insurance news in brief including from Singapore that Standard Poor's Ratings Services has assigned I>BBB+/Ilocal currency counter-party credit and insurer financial strength ratings to Thai Life Insurance Co Ltd, with a stable outlook.

Business 12 Jun 2003 | 12:00 AM

ImClone CEO jailed for insider trading

ImClone Systems Inc founder Samuel Waksal has been sentenced to more than seven years in prison, the first chief executive to go to jail in the spate of scandals that has rocked corporate America.

Business 28 May 2003 | 12:00 AM

Mediquip records 10% growth in latex catheter sales

MEDIQUIP Sdn Bhd has been registering an average of 10% to 15% growth in sales of its latex foley urology catheters for the last two decades.

Business 20 May 2003 | 12:00 AM

Stocks slide on weak US$, Dow takes biggest plunge in two months

Wall Street suffered its biggest decline in nearly two months Monday as investors grew nervous that a declining dollar would dampen foreign investment in the United States.

Business 18 May 2003 | 12:00 AM

Stocks slip on economic woes

B>NEW YORK:/BStocks slipped on Friday after reports showed that consumer prices and housing starts fell in April, raising questions about the economy's health and prompting investors to rein in their recent stock-buying spree.

Business 22 Apr 2003 | 12:00 AM

B. Braun builds RM100m production line in Penang

B. BRAUN Medical Industries Sdn Bhd has invested RM100mil in the production of its latest I>Introcan Safety/Iintravenous catheter, manufactured at its plant in Bayan Lepas, Penang.

Business 22 Apr 2003 | 12:00 AM

Report: SARS patients have right to claims

Severe Acute Respiratory Syndrome (SARS) patients who have purchased life assurance have the right to claim compensation from their insurers as SARS is not included in the list of diseases that insurers are not liable for, the I>China Business Post/Ireported, citing insurance industry experts.

Business 18 Apr 2003 | 12:00 AM

KPJ to upgrade hospitals and build new one in KL

PRIVATE healthcare services provider KPJ Healthcare Bhd will be spending about RM200mil in the next two years building a new hospital and upgrading the existing hospitals under its stable.