Day: March 10, 2020
Landowners must invest for future
AS the country’s status in the regional energy market becomes more prominent, resource landowners have to move away from being passive recipients of royalties. It would be illogical for the […]
Muthuvel behind reform
By CLARISSA MOI THE amendment to the Kumul Consolidated Holdings Act was to ensure it gives power to state-owned entities (SOEs) to make independent decisions, State Enterprises Minister Sasindran Muthuvel […]
Brian Bell increasing capital investments
By PETER ESILA THE construction of a new Brian Bell Homecentre in Mt Hagen has begun while the group’s eight-storey residential complex in Port Moresby is set to open in […]
Trip focuses on growth
PRIME Minister James Marape is visiting the Highlands with officials from the World Bank and International Finance Corporation (IFC), looking for ways to bolster agricultural development and access to markets […]
Airline scoops fifth gold status in aviation safety
LINK PNG, the subsidiary of Air Niugini Ltd, has been awarded gold status for the fifth consecutive year after passing an international aviation safety programme. According to a company statement, […]
Air Niugini striving to reduce costs, better its service
AIR Niugini will continue to reduce costs while ensuring it remains the airline of choice in PNG, State Enterprises Minister Sasindran Muthuvel says. Commending the Air Niugini board and management […]
Minister announces increase in cocoa management levy
AGRICULTURE and Livestock Minister John Simon has announced an increase in the cocoa management levy from K40 to K100 per tonne. Simon said in a newspaper advertisement that the increase […]
BSP Fiji reports K77.3 million net profit for last year
BANK South Pacific (BSP) Fiji reported a net profit after tax of FJ$52.1 million (K77.33mil) for the 2019 financial year. In announcing the results, BSP Fiji country head Haroon Ali […]
BSP Cook Islands delivers K7mil profit
BANK South Pacific (BSP) Cook Islands delivered a net profit after tax of NZ$3.32million (K7mil), for the year ending Dec 31, 2019. This is an 11.1 per cent increase from […]
Institute seeking industry feedback on representation of women
THE PNG Institute of Directors (PNGID) will be releasing a draft form this week to get industry feedback on women representation on boards of companies, vice-president Sharon Kupp-Tengdui says. She […]