Day: July 28, 2016
Free Facebook option launched
FACEBOOK can now be accessed free of charge by Digicel customers, managing director for mobile business Shivan Bhargava says. He said this following the launching of the free option on […]
NDB pays K1m dividend
THE National Development Bank (NDB) has made a notional dividend payment of K1 million to the Government for last year. Presentation of the payment was made to Kumul Consolidated Holdings […]
Ramu NiCo gets permission to start logging
RAMU NiCo Management (MCC) Ltd has been granted permission by the Mines Inspectorate of the Mineral Resources Authority (MRA) to resume logging operations at its Kurumbukari mine site. Inspector Joseph […]
Official: Funds to be well-managed
FUNDS deposited by the Autonomous Bougainville Government (ABG) in the National Superannuation Fund (Nasfund) will be managed well, Nasfund’s Buka branch officer-in-charge Geita Goasa says. ABG recently deposited K1 million […]
Microfiance output rises
MICROFINANCE institutions have experienced increase in their productivity following financial literacy initiatives initiated by the microfinance expansion project (MEP) for their clients, Centre for Excellence in Financial Inclusion (CEFI) director Saliya Ranasinghe […]
BPNG plans on reducing bank fees
By ELIZABETH VUVU THE Bank of Papua New Guinea (BPNG) plans to issue licences to financial institutions to provide competition as a way to address hefty fees being imposed by […]
Fund’s unit holder claims share
A UNIT holder of the former Investment Corporation of Papua New Guinea (ICPNG), now Pacific Balanced Fund (PBF), has been able to claim his shares after being verified by the […]
Firm names managing director
DIGICEL PNG has announced Shivan Bhargava as the new managing director for the company’s mobile business. Digicel, in a statement, said Bhargava joined the company, this month. “Shivan is an […]
Airlines to increase flights to Aust y
AIR Niugini says there will be an increase in the number of flights to and from Australia. Chief executive officer Simon Foo yesterday announced this saying flights to and from […]
Oil Search yet to declare dividend: Official
BY GEDION TIMOTHY The Oil Search board is yet to declare dividends for the first half of this year for its shareholders, the company says. A company spokesperson said profits […]