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Creditors of failed Aussie drug company meet

Creditors met Monday to decide the future of Australia's largest nonprescription drug company, which declared bankruptcy after a massive recall of its products.


DXN setting up coffee factory

DXN Holdings Sdn Bhd is investing RM4.5mil in a new coffee factory that will more than double its coffee production when commissioned by the end of next year.


Bonuses means increase in retail sales

BONUSES for civil servants and increased tax relief for children means more disposable income, and a potential increase in retail sales, says Simon Turner, CEO, Tesco Stores (M) Sdn Bhd.


Coming of age of Ayurveda

THE ancient Indian healing system of Ayurveda originated in India more than 6,000 years ago, yet only in recent years has it started to make impressive strides in Malaysia. Its late entry into Malaysia is surprising, given the relatively large Indian population in the country.


Nationwide positive on 2004 results

NATIONWIDE Express Courier Services Bhd is confident of achieving positive results for the financial year ending March 31, 2004, with its continuous efforts in maintaining a low-gearing level and expanding new businesses in forwarding and warehousing.


Advertisers: Too many government rules

StarBiz recently invited leaders in the Malaysian advertising industry for a roundtable discussion on issues and prospects for the industry. This is part two of the discussion.


DXN fetches 67 sen premium on main board debut

HEALTH food producer DXN Holdings Bhd made a sterling debut on the KLSE main board yesterday, opening at a 67 sen premium over its initial public offering (IPO) price of 63 sen. The shares opened at RM1.30 and closed at 99.5 sen.


Victoria House aims at 10% sales from new outlet

VICTORIA House Sdn Bhd, which holds the franchise of General Nutrition Centre (GNC) in Malaysia, has targeted 10% of its total sales to come from its newly-opened outlet at Berjaya Times Square in Kuala Lumpur.


The major healthcare players

Focus on Pharmaniaga, KPJ, MOX, Kotra, Duopharma and Apex.


Bio-Young bags Superbrand award on high repeat sales order

THINGS are looking rosy for Michael Loo.