Monday February 12, 2007

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K35m 5-star hotel to rise in Boroko
THE construction of a K35 million five-star hotel in Port Moresby will begin this month.
World Bank funds insurance project
AN insurance project that has been pursued by the Office of Insurance Commission for the last two years is set to get a financial backing of US$300,000 from the World Bank.
Esi-Loan a big hit in Lae
KINA Finance Ltd’s Esi-Loan scheme is fast-gaining in popularity among the people of Lae, according to branch manager Benson Harina.
Frontier Resources finds gold
FRONTIER Resources Ltd has announced the discovery of a gold anomaly that is six times larger than the Kodu copper-gold deposit near Port Moresby, where there is an inferred resource totalling 507,000 tonnes of copper equivalent.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
Mr Harina (left) handing over the K1,000-voucher to Mr Miviari witnessed by the company staff.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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