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Economy 22 Jan 2017 | 12:05 PM

Crumbling lira pressures Turkish retailers as economy slows

ISTANBUL: Turkish businessman Tekin Acar had contracts to open branches of his leading cosmetics chain in ten new shopping malls this year. A few days ago he cancelled nine of them after sharp falls in the lira meant he would struggle to afford the rents.

Business 19 Oct 2013 | 12:00 AM

Parkson's regional sales grow

PARKSON Holdings Bhd (PHB) has been moving fast in the last decade.

Business 25 Nov 2008 | 12:00 AM

Bonia keen on overseas expansion

Fashion apparel group Bonia Corp Bhd will push ahead with overseas expansion, especially in the Middle East, as demand from foreign markets is increasing, said group managing director Albert Chiang.

Business 24 Nov 2008 | 12:00 AM

Bonia to push ahead with exports

Bonia Corporation Bhd will focus on expanding export markets, especially from Saudi Arabia and Vietnam, coupled with higher contribution from Singapore.