Tuesday April 24, 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
 
 
Nasfund hits record K43 million profit
THE National Superannuation Fund (Nasfund) has continued to enjoy a buoyant performance in the latest March quarter with pre-tax profit hitting a record K43 million, up 150% against the budgeted target of K17 million.
Education signs MoU on entrepreneurship training
A MEMORANDUM of Understanding (MoU) was signed yesterday between the Department of Education (DOE) and Small Business Development Corporation (SBDC) to incorporate basic entrepreneurship skills for school-age children into the school curriculum.
Maintenance shutdown reduces PNG’s oil output
A 10-day planned maintenance shutdown at Kutubu and the Agogo production facility has caused PNG’s oil production to fall by 13% in the March quarter, with Oil Search oil revenue down 33% to US$115.1 million (K360 million).
Lihir raises A$972m from entitlement, placement
PERTH: Gold producer Lihir Gold Ltd has raised A$972 million from an institutional placement and entitlement offer as part of a strategy to close out its hedge book and retire debt.
ANZ to install 10 ATMs, 156 Eftpos
ANZ Bank customers will be pleased with the inclusion of 10 automatic telling machines (ATM) along with the distribution of 156 new Eftpos terminals at its various branches.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
Dr Pagelio (left) and Mr Maken sealing the understanding with a handshake.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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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
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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