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Business

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.

Business

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.

Business

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.

Business

MOPI members want higher market share

THE Malaysian Organisation of Pharmaceutical Industries (MOPI) has called for help in the opening up of new markets for Malaysian ma- nufactured pharmaceutical products through an emphasis on PIC/S (Pharmaceutical In- spection Convention and Pharmaceutical In- spection Cooperation Scheme) compliance as well as to adopt a more stringent attitude towards importers of products from non-PIC/S countries.

Business

SBB Securities downgrades GDP growth forecast to 3.5%

SBB Securities Sdn Bhd has downgraded its forecast gross domestic product (GDP) growth for Malaysia to 3.5% from 4.5% following the Severe Acute Respiratory Syndrome (SARS) outbreak, provided the epidemic is contained within two to three months.

Business

Haw Par net profit down 43%

Haw Par Corp Ltd, best known for its Tiger Balm ointments, reported a 42.8% drop in 2002 net profit Wednesday, but forecast a better year ahead and said it would take its healthcare unit private.

Business

Book briefs

Bok briefs including: Paying for Performance by K. Rajkumar (Pelanduk). It discusses factors that contribute to foundations of current wages and salary practices.

Business

When management meets a hot trend

What is the secret in building a business, which grossed US$1.5 billion in 2001, and has products sold in over 90 countries, turning many distributors into millionaires? Forever Living Products International Inc founder-chairman, president and chief executive officer Rex Maughan tells BizWeek in an exclusive interview in Phoenix, Arizona, that all you need is a good business plan from the word go.