Author: Syed Waqar Sami

The term logistics and transportation enunciates the entire network starting with the planning, implementing transfer and storage of goods and services from the place of raw material, manufacturing (termed as point of origin) to the consumer/household i.e. the point of consumption. This network has the most critical role in the economic development of a country because, without a seamless logistics setup, the movement of goods and services across the different areas from production to consumption business cannot flourish. Logistics also helps in improving the trade account of a country and the creation of employment. In other words, the logistics industry…

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Rising interest rates under consumer financing remain the daunting task Personal loans have become an important source of meeting our financial commitments. Be they for acquiring consumer durables to enrich our lives, meet educational needs, marriage, vacation or meet urgent medical needs, consumer loans are being used by millions of Pakistanis in some form or the other. Consumer loans can be broadly classified into two categories:- Running finance: The borrower is given an overdraft limit in his/her account and the markup is charged only on the utilized portion and only for the number of days the loan is outstanding. Multiple…

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