Day: September 24, 2019
Talks on internet prices
NATIONAL Information and Communication Technology Authority (Nicta) is in consultations with PNG DataCo to set the wholesale internet price at US$100 (K341.12) per mbps (megabytes per second) when the Coral […]
Chamber calls for caution
THE PNG Chamber of Mines and Petroleum is calling on the Government to seriously consider the implications a revised Mining Act would have on the country’s economy before tabling the […]
ANZ official: Sale to Kina Bank complete
ANZ Bank has completed the sale of its retail, commercial and small-medium sized enterprise (SME) banking businesses in Papua New Guinea to Kina Bank yesterday. This will allow the bank […]
Foreign businesses increase due to locals selling to investors
PAPUA New Guinea’s micro-small to medium enterprises (MSMEs) owners are selling their small businesses to foreign investors, because they want to collect rentals, says PNG Immigration and Citizenship Authority (PNGICA) […]
Registering firms slow in PNG than in other countries: KPMG
IN some countries, it takes only 24 to 48 hours to register a company, but in Papua New Guinea, it takes at least a month or more, KPMG business advisory […]
Church helps farmers find markets
MOST rural farmers miss out on economic benefits due to their remoteness, a Seventh-day Adventist (SDA) pastor says. Northern and Milne Bay mission Ps Robert Nana said the country’s rural […]
Fisheries authority, province partner to build jetty project
NATIONAL Fisheries Authority (NFA), in partnership with the West New Britain government, will build a jetty in Kimbe for small boats and canoes to provide a central location for fishing […]
Bank suspends fund’s board
THE Bank of Papua New Guinea has suspended the entire Comrade Trustee Services Ltd board members except for PNG Defence Force chief of staff Capt Philip Polewara. According to a […]
Team PNG identify key areas
The sky’s the limit … Team PNG athlete Cletus Mosi competing in the high-jump leg of the men’s decathlon at the Pacific Games in Apia, Samoa, in July. How to […]
Team PNG identify winning formula
Effective communication among stakeholders and better utilisation of services and facilities are two main areas that can boost Team Papua New Guinea’s Pacific Games success in the future. These were […]