Haw Par Corporation
Haw Par Corporation Limited is a Singapore-based company known for its healthcare products, most notably the Tiger Balm brand. The company has a rich history dating back to the late 19th century and has diversified its interests into leisure and property investments over the years. This article provides an overview of Haw Par Corporation, its history, products, and business ventures.
History
The origins of Haw Par Corporation trace back to the 1870s when Aw Chu Kin, a herbalist from Burma, moved to Singapore and founded a small medicinal shop. His business was primarily focused on the production of Tiger Balm, a herbal ointment designed to relieve muscle pain. After his death, his sons, Aw Boon Haw and Aw Boon Par, expanded the business, leading to the establishment of Haw Par Corporation in the early 20th century. The name "Haw Par" is derived from the names of the two brothers.
Tiger Balm
Tiger Balm is the flagship product of Haw Par Corporation. It is a topical analgesic made from herbal ingredients. The product is intended for the relief of muscle soreness and pain and has gained international recognition for its effectiveness. Over the years, Tiger Balm has been developed into a range of products catering to different needs, including Tiger Balm Red, Tiger Balm White, and Tiger Balm Plaster.
Business Ventures
Apart from healthcare products, Haw Par Corporation has diversified its business into leisure and property sectors. The company owns and operates several aquariums under the Underwater World brand in various countries. Additionally, Haw Par Corporation has investments in real estate across Asia.
Corporate Social Responsibility
Haw Par Corporation is also known for its philanthropic efforts, particularly in the areas of education and healthcare. The company has established several scholarships and donations to support community initiatives.
See Also
External Links
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