Ramatex spins profit in threadbare market

Article Abstract:

Ramatex, a Malaysia-based textile company, is being viewed with optimism within Malaysia's increasingly depressed economy since its dollar-priced exports are not adversely affected by the fall of the value of the ringgit. Following the ringgit's loss of almost 40% of its value against the US dollar since July 1997, Ramatex, which sells 90% of its products to the US, Europe and Japan, among others, is positioned to benefit. Ramatex also benefits from the shut down of regional competitors as a result of the collapse of the Thai and Indonesian economies. Moreover, Ramatex is the only completely integrated textile company in Malaysia.

Comment:

Is being viewed with optimism within Malaysia's increasingly depressed economy for its export earnings, co profile

Malaysia, Textile Mill Products, Textile Mills, Ramatex

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FJ Benjamin cuts costs

Article Abstract:

FJ Benjamin Holdings Ltd. President and CEO Frank Benjamin stated that the company plans to break even for the fiscal year that ends in July 1999. The company, which is the purveyor of various international fashion labels such as Fendi, Gucci and Guess?, has already decreased wages of its employees. The company has closed several shops and has also stocked its remaining branches with cheaper products. FJ Benjamin had recorded a loss of S$16.8 million (US$9.9 million) for the first half of December 1997 after it had generated a net profit of S$3.72 million for the preceding year.

Comment:

President and CEO Frank Benjamin states that the company plans to break even for the fiscal year that ends in July 1999

Clothing and Clothing Accessories Stores, Specialty Chain Stores, FJ Benjamin Holdings Ltd.

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Can I help you? Online operators for hire; multilingual customer service for start-ups girds to go global. (Singapore's iCall)

Article Abstract:

Singapore-based iCall Inc., introduces new 24-hour call center service for web sites. iCall plans to grow its business into a global franchised network of Internet customer service.

Computer Services, Computer Systems Design and Related Services, Services introduction, Computer and Data Processing Services, Innovations, Services, Computer services industry, Information technology services industry, Information technology services, Customer service, iCall Inc.

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