Day: October 27, 2020
Control sale of pocket knives
THE rise in petty crimes in Port Moresby has now put public safety at risk with people always looking over their shoulders whenever they go out. Stealing has become prevalent […]
BSP records K216mil profit in third quarter
THE Bank South Pacific (BSP) recorded a third quarter net profit of K216 million – a 31.7 per cent (K52 million) increase from the second quarter results, according to chief […]
Bank remains optimistic
By DALE LUMA BANK South Pacific (BSP) hopes that negotiations on some of the mining and petroleum projects reach beneficial conclusions soon to get them off the ground and stimulate […]
MRA clarifies sand mining issue
By GYNNIE KERO THE Mineral Resources Authority (MRA) managing director Jerry Garry says an investor applying for exploration licence does not necessarily mean he will go into mining. He was […]
PNG capable of meeting region’s LNG demand
By PETER ESILA THE country has demonstrated with the PNG LNG project its capacity to supply competitively, and its accessibility to the East and South East Asian markets, an economist […]
Country’s banking liquidity improving: Kina Bank
By CLARISSA MOI THE overall banking liquidity in the country has improved due to the intervention by the Bank of PNG (BPNG) and a slow-down in banking system lending growth […]
Knowing procedures to produce, sell electricity vital: ICCC
THE Independent Consumer and Competition Commission (ICCC) says knowing the requirements and licence application procedures to produce and sell electricity is important to ensure participants comply with the law. Commissioner […]
Brian Bell continues support for SMEs: CEO
By PETER ESILA BRIAN Bell is continuing its support for small to medium enterprises (SMEs) in agriculture through MPs and governors, says chief executive officer Cameron Mackellar. He said with […]
LNG markets shifting, prices likely to remain low: Barker
LNG markets are shifting especially in East, South-East and South Asia where gas is relatively plentiful and there are many new fields being discovered and developed around the world, says […]
Kawa: Vipers can win crown
By PARKER TAMBUA PORT Moresby Vipers forward Ade Kawa says he is honoured to have captained the side over the last two Digicel Cup seasons. The 27-year-old told The National […]