Day: January 4, 2018
Bush pilots play crucial role in rural areas
IN the space of a few weeks, the rural folk in Morobe have lost two bush pilots who would have been heroes to them. Morobe-based third level airline North Coast […]
Irai turns her passion into business
Linda Irai has always wanted to make people feel beautiful so, naturally, she became a hairstylist. To do that while working for people wasn’t enough, so in 2004 she opened […]
Budget cuts for police worrying businesses as summit looms
BUDGET cuts to the police are a concern for businesses in Port Moresby, says Port Moresby Chamber of Commerce and Industry acting president Rio Fiocco. He told The National that […]
Why cocoa has a future in PNG
Leading cocoa exporter Outspan PNG Limited has been in the country since 2000. Business reporter LEMACH LAVARI speaks to operations manager BASAVARAJ MASHETTY about the industry and the company’s future […]
Financial sector stable: Report
THE financial sector has been described as “sound and stable” during the subdued economic climate of last year which is expected to be maintained this year, according to the International […]
Report paints conservative outlook
THE International Monetary Fund report has painted a more conservative outlook of the country’s economic projections. “PNG’s economic forecast is deliberately held conservative over the medium term,” said a brief […]
Kina dives against US dollar
THE kina has depreciated against the United States dollar by 16 per cent since 2014, says International Monetary Fund executive director Heenam Choi in a statement. This depreciation stabilised in […]
Early tender for Apec services eyed
BUSINESSES in Port Moresby are geared up to cater for Asia Pacific Economic Cooperation meetings this year but require timely coordination from the government to prepare, says Port Moresby Chamber […]
Forex availability makes ‘tough year’ for firms
PORT Moresby-based businesses are in for a “tough year” with ongoing foreign exchange availability still the top of issue faced by companies. The situation could be improved with additional loan […]
Unequal size of import-to-export cargo causes freight cost to rise
The unequal size of import-to-export cargo adds to slow turnaround times and high costs paid by freight carriers, says Lae Chamber of Commerce. Many aircraft and ships bringing goods to […]