Thursday, January 27, 2011

Malaysia's Logistic Industry future prospect

The Star newspaper yesterday published Malaysia’s logistics industry is expected to grow by 11.5% to RM121bil this year from RM108.5bil in 2010, supported by the country’s strong external trade and stable economic outlook.

If Malaysia is transformed successfully, this definitely will boost up Malaysia's industry logistic especially sub-sectors like import-export forwarding, shipping and airfreight-related businesses.

Then the listed companies like Freight Management, Century Logistic, Tasco, Konsortium, Harbour-Link and Integrated Logistic Bhd definitely will benefit from this wave. As we can see from their recent quarter report, most of them are started to make more money.

You may refer to my previous article about the comments on those listed companies by searching through the "Labels" on the right hand side.

*Blogger own some of the shares mentioned above.


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