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June 1, 2011

Pakistan Economic Survey 2010-2011

The current fiscal year unemployment rate remained at 5.6 percent, while the per capita income amounted to $1264, says the Economic Survey 2010-11.

Islamabad released statistics said that Pakistan’s local debts amounted to Rs5463 billion, while the foreign loans stood at Rs4726 billion, which adding up to make the total loans amount peaked at Rs10189 billion.Read More »Pakistan Economic Survey 2010-2011

Nokia Samsung & LG all set to compete with china made mobile phones in Pakistani market

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By Muhammad Yasir

KARACHI: Branded handset manufacturers with their exclusive brands are planning to penetrate local retail market through low-cost handsets with dual SIMs features, unveiling aggressive marketing and sales campaigns against China-made handsets.

In an effort to tap full potential of the local market, Nokia, Samsung and LG have already geared up for penetration—just weeks after the government’s announcement of banning imports of handsets—particularly China-made without IMEI numbers.Read More »Nokia Samsung & LG all set to compete with china made mobile phones in Pakistani market