Monday February 19, 2007

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ICCC seeks policy shift in coastal shipping ops
THE Independent Consumer and Competition Commission is recommending changes in the way the policy functions of the PNG coastal shipping industry are administered and in particular on the arrangements in which shipping licences are issued.
Barrick seeking new gold mine in country
BARRICK Gold Corp, the world’s largest gold miner, is seeking new mines in Papua New Guinea, Indonesia, and Australia to add to its Asian production, according to a Boomberg report.
Pacific nations eyeing wider economic zone
PAPUA New Guinea is among six other Pacific nations that are continuing to push for expansion of their maritime jurisdiction.
Cheaper tea products buoy domestic consumption
THE steady growth for Papua New Guinea’s tea market in recent years has been fostered by pack-size tea products at a price that is far cheaper and very reasonable for consumers, according to a new draft report.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
Mr Maru (right) shaking hands with Steven Asivo, executive director of MCGECL during the new company’s launch last Tuesday.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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