Day: October 3, 2017
Tvet under the microscope
THE Technical Vocational Education Training programme needs competent and qualified people. Some centres are being managed by people who don’t have any vocational education training qualification. Employing people without proper […]
Roadblocks obstacle to development
The Highlands Highways has been blocked – the second time in recent weeks – by a disgruntled group of people for some reason or other, mostly to demand money as […]
CIC shuts offices to put more staff on borer war
By ZACHERY PER THE seven provincial offices of the Coffee Industry Corporation have been closed to allow officers to concentrate on the containment of the coffee berry borer. According to […]
Oil Search to defend title at emergency comp
OIL Search will be defending the PNG Extractive Industries Emergency Response Challenge competition it won last year. The competition is underway in Madang. Oil Search is the only participant from […]
Forex shortage tops obstacle list
By MARK HAIHUIE THE foreign exchange shortage has topped the list of impediments faced by businesses — according to a survey by the Institute of National Affairs. Institute executive director […]
CEOs positive about economic growth: Survey
MORE than 60 per cent of chief executive officers interviewed in Papua New Guinea by the Oxford Business Group in a survey say they feel positive about the country’s outlook […]
Philippines firm signs deal to run PNG ports: Report
PhilippineS port operator International Container Terminal Services Inc has signed a 25-year agreement to operate international ports in Motukea and the Lae Tidal Basin, according to an overseas media report. […]
Economic growth a reason for backlog
THE PNG economy has grown significantly in recent years and this is one factor contributing to the current backlog of foreign currency orders, according to Westpac’s managing director Adrian Hughes. […]
Adjustment to forex system can ease backlog issue: Barker
INITIATIVES to reduce the foreign exchange backlog should also consider adjusting the present exchange rate system, Institute of National Affairs executive director Paul Barker says. Barker told The National that […]
Westpac faces K3 million in orders a month
WESTPAC attempts to clear a large foreign exchange order of about $US1 million (K3mil) in one month in the foreign exchange market, according to managing director Adrian Hughes. Hughes told […]