Tag: drops

Cell phones import drops by 15 per cent

| | No Comments

article image STAFF REPORT IBD: The mobile phone imports into the country decreased by 15.16 per cent and 34.87 per cent during the month of July, when compared to the imports of July 2012 and June last year respectively. According to the Pakistan Bureau of Statistics (PBS), the imports of mobile phones into the country during July 2013 were recorded at $44.678 million against the imports of $52.66 million during July 2012 and $68.594 million in June last. Meanwhile, the overall imports of telecom…Read More

| 15 | cell | cent | drops | import | phones

Cell phone sale drops after new tax

| | No Comments

Staff Report ISLAMABAD: Sale of new mobile phones dropped by almost 30 percent after imposition of Rs. 500 tax on feature phones and Rs 1,000 on smartphones, while on the other hand the mobile phone traders have protested against the decision and urged the President and te Prime Minister to take back the decision, which has increased the prices of cell phones by Rs 2,000 to 3,000 on average."About 80 to 85 per cent mobile buyers go for low-end phones ranging from Rs 2,000 to Rs 3,000,…Read More

| cell | drops | phone | sale | Tax

Punjab drops plan to launch Monsanto Bt cotton

| | No Comments

article image STAFF REPORT LHR:Punjab, the largest cotton producing province of the country, has decided to drop the proposal of formally introducing certified imported seed of Bt cotton primarily on financial grounds that outweigh the benefits of biotechnology.Arif Nadeem, Secretary Agriculture Punjab, said thatPunjabhas dropped the idea of introducing the Bt cotton seed in collaboration with Monsanto. He also said that negotiations in this connection have ended without yielding any tangible result.A major…Read More