Day: September 7, 2017
Kina names tennis star Tere-Apisah as ambassador
SYDNEY-based professional tennis player Abigail Tere-Apisah is Kina’s new brand ambassador. This was announced yesterday by PNG’s financial institution Kina Securities Limited. Kina group chief executive Syd Yates said Kina […]
Ilimo Farm ready to milk opportunities to cut imports pleasing, says Minister Maru
THE Ilimo Dairy Farm in Central will cost about US$41 million (about K128m) to complete, says National Planning Minister Richard Maru. He recently visited the farm to see the progress. […]
Governor wants palm oil project to maximise benefits
PALM oil projects in East Sepik need to be coordinated to maximise the benefits to the people in the province, Governor Allan Bird says. He was asked to comment on […]
Investment company maintains regular returns: Chairman
THE Kina Asset Management Limited (KAML) board has announced a two toea dividend per share for the half-year ending June 30 of 2017. It said it was a testament to […]
Kina reports half-year net profit of K5 million
KINA Asset Management Limited has reported a net profit of K5 million for the half-year ending June 30, 2017 – an increase of 48.24 per cent compared to the corresponding […]
Trukai’s rice mill nears completion
TRUKAI Industries’ long-term plans for a sustainable commercial rice industry in Papua New Guinea have taken a leap forward as a new paddy rice mill in Lae nears completion. The […]
Women’s Micro Bank only wants members to buy shares
THE Women’s Micro Bank has sought the approval of the Securities Commission to allow only members to buy shares. Chairman Ricky Mitio said the bank would manage the “closed” shares. […]
Bank hopes to raise K4 million
THE Women’s Micro Bank hopes to raise K4 million from more than seven million shares it is releasing. Chairman Ricky Mitio said the board had approved the release of the […]
Air Niugini’s travel plan hits new height
By MARK HAIHUIE THE Air Niugini roadshow was hosted in six centres in the country last week to update the business community on the airline’s operations and future plans. The […]
Call to boost local businesses
By MARK HAIHUIE EAST Sepik Governor Alan Bird says small to medium enterprises (SME) will be allowed to grow in the province through the protection of businesses by locals. Bird […]