Tag: bln

Rs 20 bln USF projects being spent transparently

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article image ISLAMABAD: Minister of State for Information Technology Anusha Rehman Khan has said that the amount of Universal Service Funds (USF) is being spent through a proper mechanism and the USF board has representation both public and private sectors. She said Rs 20 billion worth projects are in progress under the USF throughout the country and these would be further enhanced. "We have Rs 70 billion under Universal Service Funds (USF) out of which Rs…Read More

Pak will have $ 5 bln e-commerce market by 2020

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article image STAFF REPORT ISB: The online shopping trend is increasing in Pakistan. The penetration of broadband, 3G/4G technology, and increasing use of smartphones providing grounds for rapid growth of e-commerce, which will make it $ 5 bln industry by 2020. According to the statistics of Media Post, the online mobile spending is about 12 per cent tantamount US $ 303 billion in the United States. Experts believe that this incraesing trend will also impact Pakisan’s e-commerce industry. The e-…Read More

| 2020 | 5 | bln | commerce | E | have | market | Pak

Rs15.77 bln worth mobile imported in July-Sept

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article image STAFF REPORT LHR: The trend of importing mobile phone and the related products is still on the high in Pakistan as over Rs15.77 billion were spent during the period July-Sept 2012-13, showing an increase of Rs1.59 billion as compared to the corresponding period of last year."The overall telecom sector imports touched the figure of Rs34 billion in the past three months, up by Rs8 billion as compared to the import of last year’s same three months," reveal the fresh figures released by…Read More