Highlights of the day
Padini Holdings Bhd is one of the few local garment
retailers that designs and sells products under their own brand names. They sell
9 brands of products ranging from accessories to footwear to garments in a
number of countries in Asia and Middle East .
It has an extensive retail network with 245 stores (FY12) throughout Malaysia
§
Plantation
Concerns regarding a return of the El Nino appear to be abated for now.
While we do not discount the possibility of El Nino conditions on the horizon,
the severity has yet to be determined. El Nino conditions may cause production
to suffer, which would further dwindle inventory levels which are already at a
14 month low. Additionally, the drought affecting the US
Other reports
Other Malaysian news
§
SapuraKencana:
Bags RM106m contract
§
TM: Unit VADS sees cloud
computing driving growth this year
§ RHB Cap: RHB Bank still
keen on Bank Mestika
§
AirAsia: AirAsia X to
lease 6 Airbus under 10-year term
§ Pos
Malaysia: Eyes M&As
§ Mudajaya: IPP may gain
from India
§
Integrax: To raise annual
handling capacity
§ Ho-Hup: Bags RM267m
construction job in Iraq
§ IPO:
IGB REIT to raise RM838m
§ Plantation : Indonesia
§ Plantation
§ Power: 1MDB buying Genting
Sanyen
§ Economy: June manufacturing up 6.3%
Global news
§ US: Jobless claims fall in
sign job market mending
§ US
§ US: Consumer comfort drops to
2-month low
§ Japan
§ South Korea
§ China
§ Hong
Kong :
Economic growth forecast slowest since 2009
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