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Business

Painful culture in the ad industry

THE long working hours, which have been sort of a “culture” in the advertising industry, will continue to prevail due to poor planning, lack of leadership, unrealistic demand from clients and the demanding nature of the job, according to industry players.

Business

RM300mil expansion for Tropicana Medical Centre

KUALA LUMPUR: TMC Life Sciences (TMCLS) Bhd plans to expand its flagship hospital, Tropicana Medical Centre in Kota Damansara here, into a 600-bed hospital costing RM300mil.

Business

Nestle Malaysia eyes RM500m from e-commerce

PETALING JAYA: Nestle (Malaysia) Bhd will strive to generate about RM500mil in revenue from its e-commerce segment within the next five years, or sooner.

Corporate News

Nestle's net profit surges on lower effective tax rate

KUALA LUMPUR: Nestle (M) Bhd saw its earnings grow 52.4% year-on-year (y-o-y) in its second quarter ended June 30, thanks to a lower effective tax rate, as well as a combination of higher turnover, favourable price trends in key raw materials and improved efficiency in the factories as well as the whole supply chain.

Business

Nestle poaches CEO from Fresenius in health and wellness drive

ZURICH: Swiss food giant Nestle SA named Ulf Mark Schneider as its next chief executive on Monday, underlining its shift towards health and wellness by poaching the boss of German healthcare group Fresenius.

Business

Pilates for fitness and breast cancer rehabilitation

Often my conversations with friends invariably touch on the aches in our backs, shoulders, necks and occasionally, joints.

Business

Global health and wellness sales to hit US$774bil in 2014

KUALA LUMPUR: Global market research company Euromonitor International said the health and wellness industry had grown by 6.75% in current value terms and was expected to hit US$774bil in 2014.

Business

Homes with a touch of health

THE ARAGREENS development HSB Development comprises two component, Aragreens Residences and Aragreens Village.

Business

Nestle Malaysia cautious on outlook for 2014

KUALA LUMPUR: Nestle (Malaysia) Bhd is cautious on the outlook for 2014 due to rising inflation and weaker ringgit which could have an adverse impact on its business.

Business

Matrade eyes RM173mil sales at China-Asean expo

GEORGE TOWN: The Malaysia External Trade Development Corp (Matrade) is eyeing total sales of RM173mil at the 11th China-Asean Expo 2014 (CAEXPO) on Sept 19-22, 2014 in Nanning, China.