Day: November 3, 2020
Why fund a private company for research?
THE recent proposal to the National Executive Council decision for K10.2 million to be paid to Niugini Biomed Ltd to conduct research and find a cure for Covid-19 has caused […]
Invest in curing other diseases, not Covid-19
WHY fund K10.2million to an unknown company, Niugini Biomed Ltd, which was only set up in August when Covid-19 was not even a pandemic in Papua New Guinea? Is the […]
Life insurance important for families
LIFE insurance is something not commonly discussed in Papua New Guinea as elsewhere in the world. Perhaps this is due to life insurance’s complexity, the posture of those who sell […]
Coppermoly postpones exploration plans due to virus
COPPERMOLY Limited says all its planned exploration activity in the country, which includes the proposed drilling programme at the Mt Nakru prospect in West New Britain, has been deferred indefinitely […]
K3million for MSME
By PETER ESILA TWO hundred and eighty women’s associations in Moresby North East district can now access micro to small medium enterprise (MSME) loans to start small businesses, according to […]
Dept approves firm’s request
KINA Petroleum Corporation’s (KPC) application to suspend its working obligations for all its operated licences in country has been approved by the Department of Petroleum and Energy (DPE) with all […]
Pandemic hits energy prices
KINA Petroleum Corporation (KPC) says the oversupply of oil and gas as a result of the impact of the Covid-19 will continue to depress energy prices. The company said in […]
Entrepreneur urges young people to get insured through a life policy
A YOUNG woman is encouraging young people across the country to move away from wantok system, take responsibility of their own lives and get insured through a life policy. Jacqueline […]
Company recognised for quality work
THOMAS Pisimi, of managing director of a local civil construction company took a risk when he left his steady job at the Department of Transport to start his own company, […]
BSP promotes local duo to management positions
BANK South Pacific (BSP) has appointed two Papua New Guineans, Daniel Faunt and Kili Tambua, to the group’s general manager positions effective on Dec 2. Chief executive officer Robin Fleming […]