Day: May 15, 2020
Remote districts need more funds
IT is time for a change in policy relating to the distribution of district service improvement programme (DSIP) funds nationwide All districts are given the same amount of DSIP funds. […]
Koim: People capitalising on information gaps
THERE are some people who are capitalising on the “information gap” between the Internal Revenue Commission (IRC) and the Investment Promotion Authority (IPA) and are not paying their taxes, an […]
Miner spends over K325mil in operations
THE K92 Mining Ltd has spent more than K325 million in refurbishing the Kainantu gold mine, restoring and expanding its operation since it acquired it from Barrick in 2015. Company […]
Central farmers losing money
FARMERS from Kairuku-Hiri in Central who rely on the sale of vegetables from their gardens are being hit hard by the national emergency triggered by the Covid-19 pandemic. Farmers Allan […]
Local products crucial
By DALE LUMA PNG-made products are important because it means more jobs for Papua New Guineans, Paradise Foods Ltd chief executive officer James Rice says. Rice said the industry accounted […]
New payment system
By SHIRLEY MAULUDU THE Internal Revenue Commission (IRC) will start issuing notices to all Government departments and State-owned entities (SOEs) to remit all their goods and services tax (GST) to […]
Coffee buyers expect increase
ZACHERY PER COFFEE parchment buyers in Goroka are expecting to increase the number of parchment coffee bags by 100 percent during the peak season, says buyer Gibson Lovo. Lovo said […]
IRC decision increases salary, wages tax
THE salary and wage tax (SWT) increased to about K30 million per month when the Internal Revenue Commission (IRC) made a decision to stop the practice of using goods and […]
Mall waives rental for shops
By CLARISSA MOI BUSINESSES operating in the Vision City mega mall in Port Moresby will have their rentals waived to help tenants during the state of emergency, general manager Anderson […]
LLG, financial firm help farmers
PEOPLE in the Korai ward of the Bitapaka local level government in Kokopo, East New Britain (ENB), will benefit from its partnership with the Kada Poroman Microfinance Ltd (KPML). Bitapaka […]