Day: October 3, 2018
PNG coffee, cocoa and vanilla on high demand
By PETER ESILA Papua New Guinea coffee, cocoa and vanilla is in high demand in the United States, says an expert. Edward Gresser, assistant US trade representative trade policy and […]
Bond will boost forex funding, says Kina Bank
Kina Bank views sovereign bond issue development positively and as a very good outcome for PNG to diversify sources of debt funding. In a statement yesterday, Kina Bank said the […]
Govt selling off country’s resources with bond deal: Ling-Stuckey
THE massive under-pricing of the sovereign bond is like selling off more of the country’s resources too cheaply, says Shadow Treasurer and Finance Minister Ian Ling-Stuckey. He said in a […]
Bank review sees lower inflation
BANK of Papua New Guinea has revised downwards its projection of annual inflation to around 4.5 percent in 2018, mainly reflecting lower prices of seasonal items. According to the bank’s […]
Monetary policy stance maintained
BANK of Papua New Guinea maintained a neutral monetary policy stance by keeping the monthly policy Kina Facility rate at 6.25 per cent throughout January to September. The bank in […]
Chairman slams sit-in protest
THE ALLEGED sit-in protest by a handful of Porgera gold mine landowners in Enga was led by an illegal and illegitimate landowners’ group, says Porgera Landowners’ Association chairman Tony Mark […]
Loi retains men’s table tennis title
By JACK AMI NATIONAL table tennis men’s champion Geoffrey Loi beat Gasiga Sepa 2-0 to win the PNG Open men’s singles final at Erima last Saturday. In the women singles, […]
Lae Metro Darts working on deal
THE Lae Metro Darts Association hopes to have the backing of Barlow Industries as their sponsor over the next three years following recent talks. While the details of the sponsorship […]
Swim meet a success
THE Lae Amateur Swimming Club was commended for hosting last weekend’s National Short Course Swimming Championships in Lae for the first time in six years. “The event brought together our […]
PNG U16s to assemble tomorrow
By MELTON PAIS PAPUA New Guinea’s Under-16 side that will play the New South Wales Country U16s on Saturday are set to assemble in Port Moresby tomorrow. The U16 game […]