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Business

7-Eleven 'sell', Magnum 'buy', GD Express 'neutral', Bioalpha 'add'

7-ELEVEN MALAYSIA: While the improvement in consumer sentiment bodes well for SEM’s sales outlook, there are headwinds ahead, said Maybank IB.

Business

Blackmores to enhance presence

AS global disruption comes to the fore, retailers are looking at how best they can capitalise on this phenomenon to drive their businesses.

Business

Unilever emerges as leading bidder for GSK’s Indian Horlicks ops

HONG KONG: Unilever PLC has emerged as the leading bidder in a tight contest for GlaxoSmithKline PLC’s Indian Horlicks nutrition business, sources told Reuters.

Business

Nestle turns to moms after 150 years of selling infant formula

ZURICH: After spending more than a century selling baby formula, Nestle SA realized it’s neglected another potential customer: mom.

Business

Retail trading in the digital age

AMIR, a 32-year old fitness buff, used to travel three miles to a mall at the end of every month to purchase his health and weight-lifting supplements.

Business

Fintech shows the way forward

THE Perdana Leadership Foundation’s CEO Forum 2019 was held on April 4 with the theme: “Accelerating the Fourth Industrial Revolution in Malaysia.”

Business

Rating agencies confident Malaysia can reach fiscal targets

KUALA LUMPUR: The international rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit to GDP ratio this year, the Finance Ministy said in a statement.

Business

Supplement maker DXN said to weigh RM4.17b sale

KUALA LUMPUR: DXN Holdings Bhd.’s owners are exploring a sale of the Malaysian health supplement producer, in a deal that could value the firm at as much as US$1bil (RM4.17bil) including debt, people with knowledge of the matter said.

Business

Homemakers exploit opportunities in O2O era

DEMAND for homemaking services among Chinese families is surging in China, promising to spawn an online-to-offline (O2O) market worth more than 200 billion yuan (RM120bil) in annual sales revenue, insiders said.

Business

Bioalpha to boost exports of health supplements, eyes personal care business

KUALA LUMPUR: Bioalpha Holdings Bhd unveiled its three-pronged strategy to boost its exports of health supplements, venture in personal care segment and also open more retail pharmacy outlets.