Day: December 13, 2017
Porgera mine supplying locals with tools to build airstrip
THE Porgera Joint Venture has provided the villagers of Winjak in the Lagaip-Porgera district in Enga with tools to build an airstrip. Winjak is located along the Lagaip River in […]
Construction of college facilities underway
WORK has started on the construction of facilities for the Enga Teachers College through a K33.5 million tax credit scheme funding from the Porgera Joint Venture. Executive managing director Richmond […]
ADB eyeing increase in financing
By SHIRLEY MAULUDU THE Asian Development Bank will increase its financing for development projects from $743.7 million (K2.34bn) for 2016 to 2018 to around $1.24 billion (K3.9bil) for 2018 to […]
No further plans for Lae Tidal Basin phase two, says Hill
THE Asian Development Bank does not have anything else planned for the Lae Tidal Basin, country director for PNG David Hill says. Hill was asked by the Port Moresby Chamber […]
Ongoing health project gets funding from Australia
THE Australian government is providing a US$17.65million (K55.62 million) grant to fund an ongoing health project. The project is also supported by the Asian Development Bank which is currently delivering […]
Oil Search training eight geoscientists to make better decisions
EIGHT locals learn about petrophysical interpretation in a two-day course organised by Oil Search in Port Moresby. The participants were from the Department of Petroleum and Energy and Oil Search. […]
Landowners’ participation welcomed
KUMUL Petroleum Holdings Limited managing director Wapu Sonk says the new Port Moresby power project welcomes the participation of resource landowners. He said this could be achieved through equity participation […]
NCSL making life easier for members with self-service deal
THE Nasfund Contributors Savings and Loan Society Limited has set up its self-service biometric identification system inside Courts at Gordon in Port Moresby. This will enable members to view their […]
Cash-strapped Treasury has eyes on fixed deposits
SECRETARY for Treasury Dairi Vele says some departments are holding on to cash which the Government will be collecting. Vele said revenue earning avenues were there but the Government entities […]
Athletes win 7 golds
PAPUA New Guinea won seven gold, three silver and a bronze medals from nine finals on a day of high drama at the Korman Stadium Port Vila yesterday. The medals […]