Wednesday April 11, 2007

Nation
Business
Sports
Editorial
Column 1
Letters
Bottom Line
The Notebook
Building Blocks
Talking Point
My Say
Asia watch
Focus
Weekender
Printing
Yearbook
Web Designing
 
 
Oil Search aims to make new find
MAJOR oil company, Oil Search Limited, will continue its aggressive programme of gas exploration and appraisal, aimed at establishing further contractable gas from its PNG portfolio.
POSF constructs 31 apartments
PUBLIC Officers Superannuation Fund (POSF) has commenced construction of 31 apartments on Touguba Hill to provide long term investment returns.
K9million mining training centre under construction in Wau
A NEW K9million European Union funded mining training centre is under construction in Wau, Morobe province, and is expected to be completed next month.
Government allocates K1.08 million
THE National Government has allocated K1.08 million for an aggressive prevention exercise on the dangerous pest – cocoa pod borer (CPB) – in East Sepik province.
PNG faces risk of ‘debt distress’: IMF
THE PNG Government needs to continue its prudent management of debt over the medium-to-long term in order to mitigate risks to public debt sustainability, the International Monetary Fund (IMF) has said.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
Melepo Walimu (left), Mr Kanawi and building supervisor Ravu Taputu checking the project’s design and plans in Wau last Saturday.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Business
ANZ Rates
SELLING
Code
Notes
TT
US$  0.3180  0.3550
AU$  0.3932  0.4382
Pound  0.1636  0.1736
Euro  0.2419  0.2569
Sing$  0.4845  0.5056
Peso  15.32  15.70
 

STOCK

BUY

SELL

LAST

BSP

3.22

3.23

3.22

Credit Corp.

4.27

5.60

4.27

CPL

0.00

0.00

2.00

CUE

0.00

0.00

0.21

drd

0.00

0.00

6.50

Highlands

1.70

1.70

1.65

Inter Oil

00.00

0.00

86.00

Lihir

4.50

0.00

4.50

Mossaic

0.00

0.00

0.50

Mineralcorp

0.12

0.15

0.15

NBPO

5.60

 5.62

5.60

Oil Search

8.20

8.21

8.21

RMU

2.53

0.00

2.53

Steamships

0.00

0.00

5.00