Day: October 23, 2020
Consider nature when building
IN counting the costs of repairing or rebuilding after the destruction wrought by strong winds, heavy rains and flooding over the years, there are a few lessons to be learnt […]
Chamber opposes devaluation
By DALE LUMA THE devaluation of the Kina will not solve underlying issues such as the shortage of foreign exchange (forex) but requires the country to have more kina to […]
NCSL expanding point of sale
A LOCAL trade store at 9-Mile outside Port Moresby is one of the latest merchants to have a nasfund contributor savings and loan society (NCSL) point-of-sale (POS) installed for the […]
Loan scheme to grow formal sector
THERE is likely to be a significant increase in the number of informal businesses graduating into formal sector after the allocation of K200 million by the Government for small-medium enterprises, […]
Projects can meet demand: Sonk
By PETER ESILA KUMUL Petroleum Holdings Ltd (KPHL) managing director Wapu Sonk says if formalised the Papua LNG and P’nyang projects should be able to meet the LNG demand window […]
Churches to receive royalties directly into BSP accounts
MORE than 50 churches in Astrolabe Bay local level government (LLG), Rai Coast, Madang, will receive their royalties from the Ramu NiCo project directly after opening accounts with Bank South […]
Commission chief welcomes changes to investment act
THE Independent Consumer and Competition Commission (ICCC) has welcomed the announcement made by the Investment Promotion Authority (IPA) on tabling the proposed changes to the IPA Act (1992) at the […]
Airline cuts flights
LONDON: IAG, the owner of British Airways, has said it will operate fewer planes for the rest of the year as the pandemic continues to hit demand. The airline group […]
Society conducts awareness
MORE than 200 people from Bunu village along the north coast of Madang were part of the audience during an awareness session conducted by nasfund contributor savings and loan society […]
Farming groups in districts should access loans: Association
A FARMERS’ group want to benefit too from the K200 million allocated by the Government to small-medium enterprises. Farmers and Settlers Association president Wilson Thompson said small businesses in districts […]