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Friday, 28th May 2004 (6563 views)

Jeweller Habib Corporation Bhd has announced plans to open two new stores this year, boosting its number of showrooms to 15 across the nation.<BR/><BR/>Although setting up a showroom would cost around RM2 million, managing director of the company Meer Sadik Habib explained that demand for jewellery was good as gold prices are rising.<BR/><BR/>"Jewellery is also a business based on trust. In Malaysia, people don't just buy jewellery just for adornment, it is also an investment," Mr Habib explained to The Edge Daily.<BR/><BR/>According to the firm it has an edge on other companies because Malaysians are very selective about where they buy their jewellery and Habib offers 45 years of experience.<BR/><BR/>Jewellery collections from the jeweller are sold all over the world, with money invested by the company into research and development of design and other jewellery issues.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2711392"/>

 

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