Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Tsunami warning has been issued to 28 countries after an earthquake with preliminary magnitude of 8.6 has hit off Aceh, triggering widespread panic as residents along coastlines fled to high ground. The US Geological Survey said the 8.6 magnitude termer was centered 20 miles beneath the ocean floor around 269 miles from Aceh’s provincial metropolis. […]
The Pakistan U-22 National team is set to tour Thailand in order to prepare for the upcoming AFC Qualifiers. Zavisa Milosavljevic’s men are set to undergo rigorous preparations so that they have achieved the necessary fitness when the qualifiers come around in June. Firstly, the team is set to train in Thailand and then will […]
The Monsoon flooding in Thailand last October took a toll on many businesses if not all of them. The main victims of the catastrophe ranged from automobile makers with the likes of vendors of Toyota and Honda to electronic makers like hard drive manufacturers. More affected by the ordeal US population, being the biggest market […]
Western Digital was widely expected to take a huge hit from the Thailand flooding. Western Digital, which makes disk drives, couldn’t get components out of its suppliers, which were mostly in Thailand. Overall, Western Digital’s fiscal second quarter earnings held up well. CEO John Coyne said: We’ve made substantial progress in our mission to restore […]
Bottom line: Western Digital held its own and the fallout could have been much worse. Steve Luczo, CEO of Seagate, said his company has weathered the Thailand flooding better than most. Why? First, Seagate’s operations were relatively unscathed. Second, the supply chain is diversified. Luczo said on Seagate’s earnings conference call: “The disaster in Thailand […]
Luczo added that the company isn’t maximizing profits—average selling price per unit was $13 higher, but costs were $2.50 higher. Seagate’s plan is to give suppliers a break on pricing in exchange for longer term contracts. The strategy is paying off in the short and long runs. Seagate blew away its December quarter earnings (non-GAAP […]
Prime Minister Syed Yousaf Raza Gilani has categorically said that former president Pervez Musharraf will certainly be apprehended if he returns to Pakistan. Speaking to CNN from the World Economic Forum in Davos, Switzerland, the premier shed light on a wide range of topics. He observed, “In fact there have been murder charges against him, […]
Some critics might be of the opinion that Apple, Inc. is getting on the right track toward the transparency of their operations, after the release of their 2012 Supplier Responsibility Progress Report. However, there are more questions that need to be addressed by the company then a mere précised report. Over the years, Apple has […]
Asian watchdog groups took the message to the media, spurring boycotts by groups like United Students Against Sweatshops. In the advocacy of the report, Apple officials list the number of audits done on the suppliers. Following is an excerpt: “In 2011, we conducted 229 audits throughout our supply chain — an 80 percent increase over […]
East Asian market is in the midst of the economic ordeal that has devoured the whole world of late. The European Sovereign Debt situation has aggravated the already aching global economy that is still living through the aftermaths of 2008 financial crisis. The East Asian countries were hit severely by the calamity, as their exports […]
Thailand, one of the promising economies in the Pacific, was struck brutally by the Monsoon floods during the latter half of 2011. The adversity took its toll on factories and countless equipment. The mechanized industry is getting back on its feet but the lack of exports to Europe still keeps the downward trend unchanged. Same […]
Veena Malik, the new face of Pakistan but is it for the better? Advisory: this article contains content of a slightly explicit nature. The nation may have been shocked and appalled by what they saw when they opened their Facebook accounts and found their news feed page filled with pictures and stories of Pakistani actress, […]
