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Business 12 Dec 2004 | 12:00 AM

Poh Kong has the Midas touch

If there is one company that has transformed the gold jewellery retail industry in Malaysia, it is Poh Kong Jewellers. Set up in 1976 as a 5-sq m, one-counter shop in Petaling Jaya and with a total stock value of RM200,000, it is now a public listed company (Bursa Malaysia main board) with 60 outlets throughout the peninsula and is considered the largest retailer of gold and gem-set jewellery in this country.

Business 25 Nov 2004 | 12:00 AM

Sony Pictures sets up television, film production joint venture in China

Sony Pictures has set up a joint venture television and film co-production unit in China, taking advantage of a loosening of restrictions in the communist country on the tightly controlled industry.

Business 20 Nov 2004 | 12:00 AM

News in brief

Foreign new in bfief including from London that Waterford Wedgwood Plc, the largest maker of crystal in the United States, said sales last month plunged 10% amid waning demand for products such as US$40 Christmas tree ornaments. The Irish company's shares dropped 9.2%.

Business 19 Nov 2004 | 12:00 AM

China allows foreigners to invest in TV firms

China will let foreign investors take stakes in television production companies for the first time, widening access for Viacom Inc, Walt Disney Co and other media firms in the world's biggest TV market by viewers.

Business 01 Nov 2004 | 12:00 AM

Hytex to double production capacity

HYTEX Integrated Bhd plans to boost its production capacity by almost 100% in anticipation of a strong demand in line with the liberalisation of the international garment market next year.

Business 25 Sep 2004 | 12:00 AM

Forbes lists 313 billionaires in US

It looks like the US billionaire's club isn't quite as exclusive as it once was.

Business 23 Sep 2004 | 12:00 AM

Disney to name new chief exec by June

The Walt Disney Co says it expects to announce a new chief executive by next June after a search that will include both inside and outside candidates to replace Michael Eisner, who is retiring in 2006.

Business 15 Sep 2004 | 12:00 AM

Dissidents threaten challenge if Disney CEO not replaced

The leaders of the effort to oust Michael Eisner as chief executive of The Walt Disney Co have called on the company's board to reject Eisner's offer to retire in 2006 as well as his pick of president Robert Iger as his successor.

Business 12 Sep 2004 | 12:00 AM

Stocks boosted by oil's fall

US blue chips recovered ground on Friday as falling oil prices offset a profit warning from aluminum maker Alcoa Inc, while a tech rally was fuelled by software maker Oracle Corp.

Business 05 Sep 2004 | 12:00 AM

Are directors ready for appraisal?

Most board chairmen would say they do track the performance of directors and that the ultimate appraisal is done by the shareholders when they re-elect or reject a director. The time for such subjective measures, however, is fast disappearing, as investors all around the world demand a more rigorous and transparent appraisal process.