BUSINESS GROWTH

NEW FTA WITH CHINA TO INCREASE EXPORTS BY $500M, SAYS DAWOOD: 

Counselor to PM on Commerce and Textile Abdul Razak Dawood on Tuesday said that under the new rundown of 313 things incorporated into the second period of China-Pakistan FTA, the nation's fare income could increment by $500 million inside a period length of year and a half. (Day break)

https://www.dawn.com/news/1478060/new-fta-with-china-to-increase-exports-by-500m-says-dawood



Nation STARTS EXPORTING SUGAR, RICE TO CHINA: 

Pakistan has begun sending out sugar and rice to China. Under the understanding, Pakistani exporters have been permitted to send 200,000 tons of rice and 300,000 tons of sugar — complete estimation of $300 million — to China in the continuous timetable year. (Country)

https://nation.com.pk/24-Apr-2019/country-starts-exporting-sugar-rice-to-china



FBR TOLD TO MAKE ASSET DECLARATION SCHEME 'Progressively ATTRACTIVE': 

Consultant to the Prime Minister on Finance, Dr Abdul Hafeez Shaikh, on Tuesday coordinated the FBR to "change and refine" the forthcoming Asset Declaration Scheme with the goal that it draws in a limit of those "who are as of now outside the formal economy". (Day break)

https://www.dawn.com/news/1477936/fbr-told-to-make-asset-declaration-scheme-more-attractive



PSO ISSUES YEAR'S FIRST FUEL IMPORT TENDERS: 

Pakistan State Oil issued this week its first fuel oil import tenders for 2019 as the state-possessed vitality firm plans for rising summer request, two exchange sources said. PSO, which utilizes fuel oil in power age, is looking for as much as 420,000 tons of summer grade 180-centistoke (cst) high-sulfur fuel oil (HSFO) for conveyance into Port Qasim through two tenders, as indicated by the sources. (Day break)

https://www.dawn.com/news/1478057/pso-issues-years-first-fuel-import-tenders



POL IMPORT BILL UP 3.81 PERCENT TO $10.6 BILLION IN NINE MONTHS: 

In general imports of oil saw 3.81 percent expansion amid the initial seventy five percent of the current monetary year, when contrasted with the comparing time of a year ago, official information appeared. The items that contributed in swelled oil import bill included unrefined petroleum. (TN)

https://www.thenews.com.pk/print/462042-pol-import-bill-up-3-81-percent-to-10-6-billion-in-nine-months



STEEL INDUSTRY SEEKS RELIEF TO PREVENT MANY UNITS FROM CLOSING DOWN: 

The steel business has asked the PTI driven government to expel administrative and custom obligation on essential crude material, steel scrap and continuation of exceptional systems for gathering of offers charge from this segment in the up and coming spending plan 2019-20. (TN)

https://www.thenews.com.pk/print/462128-steel-industry-seeks-relief-to-prevent-many-units-from-closing-down

Costs OF 395 MEDICINES REDUCED: 

Boss Drug Controller has educated every one of the physicists that the legislature has marked down the costs of 395 medications, subsequently, they should change these meds with wholesalers. (TN)

https://www.thenews.com.pk/print/462120-prices-of-395-medicines-reduced