Wednesday May 09, 2007

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PNG urged to tap into Asian market
PAPUA New Guinea should consider extension of industries to add value to its exported products while also tap more into the Asian market to boost its trade partnership.
Pruaitch acknowledges ITTO’s growth
SINCE its membership with the International Tropical Timber Organisation (ITTO), Papua New Guinea being a member country, has seen the organisation come a long way to be a reputable international commodity organisation.
Business directories launched
THE Department of Commerce and Industry recently launched two publications, which are means of supporting growth of businesses in PNG.
Industrial wood products’ prices stabilise
THE volume of international trade in tropical industrial wood products is slowly decreasing while prices have stabilised in recent years due to limited supply and is improving bringing total export earning to approximately US$10 billion (K28.5 billion) annually.
Sir Henry resigns as Credit Corp chairman
SIR Henry ToRobert has resigned as chairman of Credit Corporation to contest the Kokopo Open seat in the coming national election.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
Mr Pruaitch showing off a copy of the newly launched Elep Returns during a reception dinner for ITTO delegates at the Airways Hotel in Port Moresby yesterday. – Nationalpic by WILLIAM WILLIANDO

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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