Page 16 - Trade Map News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Pakistan Telecommunication Authority has authorised 19 foreign and local companies to manufacture mobile devices in Pakistan. It is expected to help decrease the prices of cell phones as well as the country’s import bill. Mobile subscriptions crossed 164 million in 2020, according to the PTA. Owing to the significant size and continuous growth in mobile connectivity, Pakistan has become the world’s seventh largest handset importer in the world as per Trade Map Data. “Initially valid for the next 10 years, the manufacturers may also establish their own new brand under the authorizatio...

New incentives to boost exports Business Reporter Export incentives announced by Government last week could not have come at a better time for exporters that are accompanying ZimTrade on outward seller missions to Dubai and the DRC. ZimTrade is currently implementing its 2020 to 2023 strategy to increase participation in export promotion activities. In essence, the strategy entails participating in various export promotion activities, including outward seller missions, to identify potential customers and buyers for local products in those new markets. The export promotion body will, therefore...

By Dr. Asanka Wijesinghe: Raw turmeric roots on the shelves of roadside vendors is a frequent sight nowadays. Thanks to the import controls, turmeric now fetches a higher price domestically; prices having soared by as much as 275% from Rs. 80 per kilo to Rs. 300 per kilo. The turmeric shortage, reports of adulterated turmeric powder, the ceiling price, black-market sales, and sensational stories of busting smuggling attempts are the manifestations of the impact of import controls. The recent waves of import restrictions imposed by the Sri Lankan government have different justifications such...

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Zimbabwean garlic farmers have been urged to increase exports riding on the growth of the global market which has expanded to US$2,48 billion in the past two decades, from US$500 million. The…