Day: November 5, 2020
Paradise Foods to build K55mil chocolate factory
PARADISE Foods Ltd will build a K55 million Queen Emma Chocolate factory in Lae, creating 75 jobs and supporting more cocoa farmers, according to chief executive officer James Rice. Rice […]
East Sepik soon to supply market with eggs, chicken
EAST Sepik will soon supply the market with eggs from a poultry project in Yangoru-Saussia district, MP Richard Maru says. Yesterday, the Sepik Agro Industry Centre Ltd (Sepik AIC) unveiled […]
Financial literacy important: Official
By PETER ESILA HAVING a financial literacy certificate is one of the requirements to get a loan from the banks for micro to small medium enterprises, according to a bank […]
K92 mine production expanded
The Covid-19 pandemic has affected business operations across the world. Different sectors in PNG were hit hard by its effect. However, K92 mine’s production has expanded amid the crises. Business […]
Businesses waiting on projects
By DALE LUMA BUSINESSES are interested in the updates on the country’s resource projects as it will give them direction on future investments, says Bank South Pacific (BSP) chief executive […]
Bank backs association
THE Westpac Bank has paid K6,000 to the UPNG Banking and Finance Students Association to support the annual banking and finance industry meet and greet. Westpac PNG chief executive officer […]
Invest in cocoa, people told
By GYNNIE KERO YANGORU-SAUSSIA MP Richard Maru has encourage the public to invest in a cocoa project in East Sepik through purchasing shares for K1,000. Speaking at the signing of […]
Agency expands scope to ‘practice’
THE participation of the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) in a recent project agreement review has allowed it to advance its current scope from policy to practice. […]
Local leaders in Hela unite, working on bringing peace
CLAN leaders from Benaria in the PNG LNG project area in Hela have decided to work together for peace and progress in the area. The Mineral Resources Development Company (MRDC) […]
Commission aims to ensure foreign businesses are tax-compliant
THE Internal Revenue Commission (IRC) will have data to ensure foreign businesses and workers are tax-compliant, says Commissioner Sam Koim. It followed the signing of a memorandum of Understanding with […]