Day: August 24, 2020
Religious education should be compulsory
IF the government wants to make this country a Christian nation, then it should make religious education a compulsory subject from elementary to university level so we see better results […]
Stop depending on foreign interventions
PAPUA New Guinea’s economic balance is being defined by a new attitude of capitalism characterised by economical hegemony. Political colonialism is making way to ‘dollar’ imperialism. Under fairness of trade […]
K92 mine pays K17.6mil tax after two years of production
THE K92 Mining Inc paid the first installment of corporate tax of K17.6 million (US$5.1 million) last month. The operator of the Kainantu gold mine in Eastern Highlands said the […]
Deal allocates K1mil to help people get into agro projects
THE Enga government has given K1 million to the National Development Bank to promote small businesses in agriculture in the province. Bank managing director Moses Liu said funds should be […]
Oil palm price stable at K2,396
By DALE LUMA OIL palm prices have been good this month, sitting around US$700 (K2,396.51) per metric tonne CIF (cost, insurance and freight) Rotterdam mark, according to the New Britain […]
Japan eyes PNG products
JAPAN will become a market for PNG’s agriculture, mineral, forestry and fisheries products following the signing of an agreement last Friday in Port Moresby. Japan’s Foreign Minister Toshimitsu Motegi signed […]
Landowners, stakeholders want mining lease delayed
LANDOWNERS and stakeholders in Morobe are calling on the Government to delay the granting of the special mining lease for the Wafi-Golpu gold project until an alternative disposal method is […]
Govt considers Japan’s request to resume flights amid pandemic
JAPAN’S Foreign Minister Toshimitsu Motegi has asked the PNG Government to open flights to Japan. He made the request during a meeting with Prime Minister James Marape last week while […]
First stage of mill complete, says company
THE first stage of the New Britain Palm Oil Ltd (NBPOL) palm oil mill at Erap, Morobe has been completed with current production levels at 10 tonnes per hour. Country […]
BSP records net profit of K381.9 million, 12.2pc decrease
BSP group has recorded a net profit of K381.9 million for this year’s half year results, a 12.2 per cent decrease on the consolidated 2019 operating profit after tax of […]