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Submitted by adnan on Mon, 09/28/2020 - 14:50
Tax exemption on Income from exports of computer software or IT services or IT enabled services till 30th June, 2025

Belgium keen to capitalise on Pakistan’s investment potential: envoy

ISLAMABAD: Ambassador of Belgium to Pakistan Philippe Bronchain has said that his country was interested in making investments in Pakistan, as it was a potential country for business and investment activities.

The Belgian ambassador said during while addressing the business community at the Islamabad Chamber of Commerce & Industry (ICCI) on Tuesday.

Japanese businessmen unveil $100mln investment plan for Pakistan

TOKYO: Pak-Japan Business Council (PJBC) is keen to invest at least $100 million in industrial zones in Pakistan in line with the interest of Japanese government and private sector to strengthen bilateral economic cooperation, its top official said.

Rana Abid Hussain, president of PJBC told the News that the Japan-based nonprofit association would put the investment pan before Punjab Governor Chaudhry Sarwar who’s scheduled to visit Japan in the last week of this month.

Pakistan invites Dutch investment in floriculture

ISLAMABAD: Pakistan on Wednesday invited investments from the Netherlands in floriculture and food processing industries on the heels of Dutch investments in agriculture and livestock sectors in the south Asian country.

Minister for Food Security and Research Fakhar Imam said Pakistan and Netherlands can cooperate in the field of floriculture.

“Both countries can collaborate in fresh cut plants, flowers and bulbs,” Imam said during a meeting with the Ambassador of Netherland Woulter Plomp.

British Airways doubles up in Pakistan – announcing direct flights from Lahore to London Heathrow

British Airways has today announced it will begin flying direct from Lahore, Pakistan to London Heathrow four days a week, commencing on 14 October 2020. Tickets are on sale now.

The ‘City of Gardens’, Lahore is known for its rich culture and will be the second city in Pakistan that British Airways will connect to London, US and Canada. The airline already flies every single day from Islamabad, connecting friends and family as well as business contacts.

UK increases Export Finance country limit for Pakistan

The UK’s credit financing agency, UK Export Finance (UKEF) has increased its financing limit for UK businesses looking to export to and invest in Pakistan to £1.5 billion.

This announcement will boost trade partnerships between the two countries and unleash Pakistan’s growth potential. UKEF helps secure large contracts by providing attractive financing terms to buyers and supporting working capital loans.