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What is the secret in building a business, which grossed US$1.5 billion in 2001, and has products sold in over 90 countries, turning many distributors into millionaires? Forever Living Products International Inc founder-chairman, president and chief executive officer Rex Maughan tells BizWeek in an exclusive interview in Phoenix, Arizona, that all you need is a good business plan from the word go.
Bok briefs including: Paying for Performance by K. Rajkumar (Pelanduk). It discusses factors that contribute to foundations of current wages and salary practices.
Haw Par Corp Ltd, best known for its Tiger Balm ointments, reported a 42.8% drop in 2002 net profit Wednesday, but forecast a better year ahead and said it would take its healthcare unit private.
SBB Securities Sdn Bhd has downgraded its forecast gross domestic product (GDP) growth for Malaysia to 3.5% from 4.5% following the Severe Acute Respiratory Syndrome (SARS) outbreak, provided the epidemic is contained within two to three months.
THE Malaysian Organisation of Pharmaceutical Industries (MOPI) has called for help in the opening up of new markets for Malaysian ma- nufactured pharmaceutical products through an emphasis on PIC/S (Pharmaceutical In- spection Convention and Pharmaceutical In- spection Cooperation Scheme) compliance as well as to adopt a more stringent attitude towards importers of products from non-PIC/S countries.
PETROLIAM Nasional Bhd#039;s (Pe- tronas) integrated liquefied natural gas (LNG) complex in Bintulu, Sarawak, to be officially opened by Prime Minister Datuk Seri Dr Mahathir Mohamad next Thursday, marks another remarkable achievement by the national oil company.
PHARMANIAGA Bhd can continue to grow its profits by about 20% this year if it carries on with its modernisation and mechanisation efforts to improve its efficiency, managing director Azhar Hussain said yesterday.
CNI, a Malaysian direct-selling company has spread its wings to the Indian subcontinent after successfully establishing itself in Kuala Lumpur and Jakarta.
DXN Holdings Bhd expects to raise RM28.6mil from its listing on the the KLSE main board, scheduled for October this year.
DXN Holdings Bhd, the soon-to-be-listed home-grown cultivator, producer and marketer of I>ganoderma lucidium /I>(Lingzhi mushroom) products, expects to expand into the United States, the Middle East and Europe by 2005.