Instead of improvement the logistic performance of the country is constantly declining due to the mismanagement and inefficiency of the all concern departments A recent survey of World Bank shows that Pakistan's ranking has declined from 68 in 2007 to 110 out of 155 countries in World Bank Logistic Performance Index LPI...more
The profit of cement sector has declined by 115 percent on year-on-year basis in the first half of current fiscal year of FY10 over the corresponding period of last year The result for the period includes 17 companies representing 93 percent of sector’s total market capitalization The selected companies cumulatively hold 85 percent share in dispatches...more
The aviation industry is again facing tough situation on the surging fuel prices and falling demand through out the world and Pakistan has no exception though it has very limited market The three national airlines—Pakistan International Airlines, Airbule and Shaheen Airline—are still in the jittery after witnessing a brief period of respite last year and now striving hard to prevent themselves from losses...more
