Page 14 - Blocking System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

news Mobile imports nearly double despite tattered economy Kathmandu Post Kathmandu, Feb. 20 -- Nepal imported mobile phones worth Rs24.06 billion in the first seven months of the fiscal year 2020-21, an 84.67 percent year-on-year jump. Traders said imports nearly doubled even though the economy flatlined due to the coronavirus, and tens of thousands lost their jobs. One reason why smartphone sales swelled is that students had to attend classes due to the virus threat, traders said. The rise in legal imports has also been attributed to the immobilisation of the grey market by ...

87% of Pakistanis Have Internet Access: PTA The Pakistan Telecommunication Authority (PTA) has claimed that Internet services are available to 87 percent of the population in Pakistan at the lowest rates in the region. The demand for Internet services grew immensely in Pakistan during the lockdown in 2020 due to increased use of social media and communications applications, video streaming, and online sessions. However, the quality of the services remains comprised and has been termed as ‘poor’ in many areas by users. Reportedly, a supportive regulatory environment, effective competition,...

While most inbound travelers who bring luxurious items attempt to evade the taxes by illicit means, a fraction of those who abide by the law face a wide

Seventeen various assembly plants have produced 17.62 million mobile handsets including 4G-enabled smartphones locally in Pakistan in the past two years to cater to the increasing local demand of the country. According to the annual report of the Pakistan Telecommunication Authority (PTA), these plants produced over 11 million mobile devices, including 4G smartphones in 2019, only. In the first nine months of 2020, the plants assembled around 6.62 million devices, out of which 0.68 million were 4G-enables devices. The telecom regulatory under the ministry concerned has issued licenses to 29 l...

Telcos Earned Rs. 537.2 Billion and Contributed Taxes of Rs. 137 Billion in FY2020: PTA The Telecom sector in Pakistan withstood the impact of COVID-19 and showed sustainable revenues of Rs. 537.2 billion in the fiscal year 2019-20 (FY2020) as compared to Rs. 550.4 billion in FY2019. The sector also made a significant contribution of $622.5 million (24 percent) to the total net Foreign Direct Investment (FDI) in the country. This was revealed by the Annual Report 2020 released by the Pakistan Telecommunication Authority (PTA) on Thursday. ALSO READ The sector’s contribution to the national ...