Day: May 6, 2020
Change law to address infidelity
THE law does not give anyone the right to kill another and it should not also excuse the instigator. A mother of two on Monday was sentenced to 12 years […]
Gold bringing benefits
By SHIRLEY MAULUDU PAPUA New Guinea will benefit from a recent increase in the price of gold, according to a mine executive. This is despite other resources like liquefied natural […]
Westpac Pacific moves into new division
THE Westpac Group has announced a change to its reporting structure as part of its 2020 Half Year results yesterday. According to a statement from the bank, Westpac Pacific will […]
Official calls for legislative interventions
By DALE LUMA AN emergency declaration to allow contractual obligations by businesses to be broken or renegotiated will help businesses during this time. Micro Small Medium Enterprise (MSME) Council president […]
Minimal effect of virus projected
BANK of PNG (BPNG) assumes that the spread and impact of the Covid-19 will be contained this year, with minimal effect in the medium term (2021 to 2022). Governor Loi […]
Farmers blame Covid-19 for wastage of fresh produce
LOCAL fresh produce farmers in the Highlands are blaming Covid-19 for the wastage of crops and lack of market accessibility for their produce. The farmers are also calling on the […]
Hilton remains committed to getting services fully operational
THE Hilton Hotel in Port Moresby, NCD, is committed to getting its services fully operational with the health and wellbeing of its guest and staff the priority. Responding to questions […]
Bank: Headline inflation trending downwards
THE annual headline inflation has trended downwards since December 2018 from four per cent to 2.9 per cent in December 2019, according to Central Bank. This was highlighted in the […]
Landowners urge govt to hold project-related agreements
PNG LNG upstream landowners have called on the Government to hold urgent reviews of all project-related agreements with a view to executing them once and for all. According to mouthpiece […]
Foreign exchange inflows increase in 2019, says Bakani
By SHIRLEY MAULUDU FOREIGN exchange inflows improved in 2019, reflecting increased export receipts and external budget financing, Bank of PNG Governor Loi Bakani says. Bakani noted in a monetary policy […]