The pride of Padinihttp://biz.thestar.com.my/news/story.asp?file=/2011/12/17/business/10113907&sec=business
An issue which has caught the attention of Padini's fund managers, analysts, shareholders, and bankers is its buildup of inventory. Chan reasons that they bought a lot on purpose to secure the supplies.
“We are not stuck with the stocks. Most are finished basic items, not the trendy stuff, so they will be saleable. In view of China's current situation, where the factories are shutting down and lowering their capacity, you will find it harder to buy the quantities you want.”
The next two quarters will be interesting to see if they can indeed reduce the inventory significantly.
Corruption and inflation – how they affect the economyhttp://biz.thestar.com.my/news/story.asp?file=/2011/12/17/business/10108355&sec=business
It is obvious from the above that the economic impacts of grand corruption, systemic corruption, and syndicated corruption can be significant because of their scale. One would expect them to have a larger economic impact, e.g. inflationary pressures, when compared to petty corruption, individual corruption or non-syndicated corruption.
I always felt that inflation has been understated in Malaysia, hard to believe it is only a few percent per year while so many items have doubled in price over the last say ten years.