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Business

Founder taking popular Mecca-Cola to the Middle East

#8220;Mecca-Cola#8221; inventor Tawfik Mathlouthi is bringing his popular product to the Middle East, confident that in troubled times a politicised soft drink will sell in the heart of the Islamic world.

Business

Miti invite for 7th trade mission

THE Ministry of International Trade and Industry (Miti) is inviting local businessmen to participate in its seven trade and investment missions planned for this year, to explore business and investment opportunities in 16 countries.

Business

US$20mil boost for AirAsia

TWO investment banks (one Middle Eastern and one European) are expected to take up about 15% to 20% equity stake in the country#039;s no-frills airline, AirAsia Sdn Bhd, for about US$20mil or RM76mil.

Business

Big breweries buy into Mideast malt business

They've got the body and the head of beer, the taste of a fruity soft drink and - all-important in a part of the world where Islam's ban on drinking alcohol is taken seriously by many - some even have a clerical stamp of approval.

Business

Pensonic taps Viet home appliance market

PENSONIC Holdings Bhd has made the first move towards its goal of becoming the first Asean home electrical appliance brand by venturing into Vietnam with the recent appointment of Asia Dragon Vietnam Co Ltd as distributor for its products in the country.

Business

SARS and war add salt to injury

AS if coping with the uncertainties of war isn#039;t enough, economies in the region now have to cope with yet another crisis. The deadly Severe Acute Respiratory Syndrome (SARS) is taking its toll on Asia at a time when many of these economies are already vulnerable due to a weak external sector.

Business

Government moves to woo Mid-East tourists

THE government has embarked on a series of measures to draw back tourists from the Middle East, in the wake of the setback suffered by the local tourism industry as a result of the Severe Acute Respiratory Syndrome (SARS) outbreak in China and other countries in the region.

Business

Advertising blitz to battle the SARS effects

The Star's representatives held discussions with a panel on the effects of SARS on tourism.

Business

Tourism setbacks over the years

By the same token therefore,SARS alsobrings fear to the general public.Thus whatSARS and the Asian financial crisis have incommon was the creation of a crisis of confidence.

Business

Hwa Tai revamps unit

HWA Tai Industries Bhd is restructuring and reorganising the operations of its trading subsidiary, Acetai Corp Sdn Bhd, with a view to improving its poor performance in the financial year 2002.