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Dairy Farm to invest US$50mil in 100 stores

B>SINGAPORE:/BDairy Farm Inter-national Ltd will invest US$50mil this year to establish up to 100 new stores in South Asia, according to its South Asia regional director Michael Kok.

Noble suggests setting up of IMT-GT consulting group

SELANGOR-BASED consultant Noble Nexus Sdn Bhd has proposed the setting up of Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) consulting group to ensure that all projects are successfully implemented and at-tain the desired investment returns.

Rockwills aims for more will-writing franchisees

MOST entrepreneurs would probably shy away from venturing into the will-writing business because of its association with death.

Bakun in major power sale deal

THE Bakun Hydroelectric dam project would be selling more than a third of its 2,400-MW power generating capacity to the massive US$2bil aluminium smelting plant near Bintulu, under the terms of a memorandum of understanding (MoU) signed yesterday. Second Finance Minister Datuk Jamaludin Jarjis witnessed the signing.

Sime Darby to sell hospital in bidding process

SIME Darby Bhd#039;s wholly-owned subsidiary, SD Holdings Bhd, has proposed to dispose of its hospital #150; Subang Jaya Medical Centre (SJMC) #150; and its one share in Medical Staff Services Sdn Bhd (MSS) for cash, in a bidding process.

BAT shares at record high

CONTINUED strong interest in British American Tobacco (M) Bhd (BAT) lifted its share price to a record high of RM39 yesterday.

Healthy growth for wealth management

WEALTH management is an area that enjoys healthy growth, according to Citibank Bhd director Allen K.H. Tan.

iSynergy relaunches medi card

ISYNERGY Sdn Bhd, which has relaunched its centralised medical payment Alpha Medi-Charge Card technology, expects 1,000 companies to sign up for the cashless payment system this year.

Local players facing tough times

FALLING stock markets, a legacy of over-investment in equities and underwriting practices are taking a toll on many of the giant insurance companies in Europe. For local players, the message coming from the far reaches is clear #8211; change or run the risk of losing out.

Pharmaniaga IT arm has far-sighted plans

Pharmaniaga Solutions Sdn Bhd, the information technology (IT) arm of Pharmaniaga group of companies is taking a far-sighted approach to its local and overseas expansion strategies for this year.