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SHANGHAI: Loob Holding plans to set up 10 corporate stores in China this year before franchising its Tealive bubble tea business to local entrepreneurs in the world’s second-largest economy.
IT IS not easy being the queen in the King of Fruits business.
KUALA LUMPUR: The spiky durian is set to become Malaysia's next major export as the Southeast Asian nation rushes to develop thousands of acres to cash in on unprecedented demand for the fruit from China.
KUALA LUMPUR: Chinese e-commerce giant, Alibaba Group, has entered into a strategic cooperation with a local durian supplier for the export of frozen Musang King (in whole fruit form) into China.
PETALING JAYA: The Federal Land Development Authority (Felda), the authority that is saddled with debts of RM8.05bil, is expected to see its cash balance drop to about RM100mil by year-end, hampering efforts for external funding, according to sources
PETALING JAYA: Loob Holding Sdn Bhd, the creator of Malaysia’s Tealive bubble tea brand, has launched the first of its 500 stores in China.
KOTA KINABALU: Agrobank is targeting to achieve a total outstanding balance of RM1bil in Sabah this year, a 16% increase from last year.
KUALA LUMPUR: In a move to diversify revenue and earnings, PLS Plantations Bhd through its unit, Brighthill Synergy Sdn Bhd, is venturing into the durian business by acquiring a 70% share in Dulai Fruits Enterprise Sdn Bhd for RM21mil.
KUALA LUMPUR: PLS Plantations Bhd through its unit, Brighthill Synergy Sdn Bhd, is venturing into the durian business by acquiring a 70% share in Dulai Fruits Enterprise Sdn Bhd (Dulai Fruits) for RM21mil.
KUALA LUMPUR: Scientex Bhd posted its best-ever quarterly performance in its fourth quarter ended July 31,2018, with a net profit of RM88.29mil, 22% higher than in the same quarter last year as revenue grew 13% to RM733.15mil.