18 | May | 2012 | Pakistan Press Foundation (PPF)

Pakistan Press Foundation

Daily Archives: May 18, 2012

Transit price settlement: US willing to pay $1500 per container

ISLAMABAD: Negotiations for settling the transit price of containers to Afghanistan are quietly proceeding with the United States reportedly agreeing to pay $1,500 per container while Pakistan is seeking $2,500, sources told Business Recorder on Thursday. Sources familiar with the developments said that the authorities concerned of both countries were also engaged in negotiating new […]


Pakistan seeks $5,000 transit fee for each NATO container

LAHORE: Pakistani negotiators have proposed a fee of about $5,000 for each NATO shipping container and tanker that transits its territory by land into and out of Afghanistan, said a report in Washington Post. The newspaper says the amount is a key sticking point in discussions about the terms of a deal that would allow […]


Incentives for businesses in next budget: Hafeez

ISLAMABAD: Federal Finance Minister Dr Abdul Hafeez Shaikh has said that the government will give incentives to the business community and people to achieve economic stability in the next budget. Addressing the “Pre-Budget Seminar 2012-13” organised by the Express Media Group and the University of Lahore on Thursday, the finance minister said the government had […]


Two PAF jets collide mid-air; pilots dead

Suhail Kakakhel NOWSHERA: Two aircraft of Pakistan Air Force collided mid-air on Thursday killing the four pilots, officials said. Eight civilians were injured when the wreckage of planes fell on houses in Rashakai area of Nowshera district. Sources said that two Mushshak planes were on routine training mission when they collided shortly after 10am and […]


Speaker has a week now to decide about PM’s fate: IHC

Malik Asad ISLAMABAD: Justice Shaukat Aziz Siddiqui of the Islamabad High Court referred to the IHC chief justice on Thursday a petition seeking constitution of a larger bench to hear the case pertaining to the Supreme Court’s verdict against Syed Yousuf Raza Gilani in the contempt case and his possible disqualification as prime minister. Hearing […]


Husband, two others get life term for killing woman

KARACHI: A sessions court handed down life imprisonment to three accused in a murder case on Thursday. Shamsul Haq and his relatives Jaffar Alam and Nelofar were found guilty of killing his wife, Rabia, over a domestic dispute in May 2006 within the remit of the Baghdadi police station. Additional district and sessions judge (south) […]