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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.

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.

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.

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.

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 to set up stockists in new markets

DXN Holdings Bhd, the soon-to-be-listed home-grown cultivator, producer and marketer of I>ganoderma lucidium /I>(Lingzhi mushroom) products, expects to expand into the United States, the Middle East and Europe by 2005.

DXN plans to raise RM28.6mil from IPO

DXN Holdings Bhd expects to raise RM28.6mil from its listing on the the KLSE main board, scheduled for October this year.

M’sian direct-selling firm CNI spreads wings to India

CNI, a Malaysian direct-selling company has spread its wings to the Indian subcontinent after successfully establishing itself in Kuala Lumpur and Jakarta.

Pharmaniaga MD: Profit can grow 20% after modernisation

PHARMANIAGA Bhd can continue to grow its profits by about 20% this year if it carries on with its modernisation and mechanisation efforts to improve its efficiency, managing director Azhar Hussain said yesterday.

LNG plant another landmark for Petronas

PETROLIAM Nasional Bhd#039;s (Pe- tronas) integrated liquefied natural gas (LNG) complex in Bintulu, Sarawak, to be officially opened by Prime Minister Datuk Seri Dr Mahathir Mohamad next Thursday, marks another remarkable achievement by the national oil company.