Day: May 24, 2021
Central group join Milne Bay copra training
SIX Central farmers were among those who took part in a training on copra production organised by the Milne Bay government and the Kokonas Indastri Koporesen (KIK). The week-long training […]
Water PNG announces new K419mil water supply plant
WATER PNG will build a new K419 million water supply plant to address the increasing water demand and security in Port Moresby. The proposed 50Mld (millions of liters per day) […]
Mine production on hold
A FATALITY at St Barbara’s US$1.3 billion (K3.4 billion) Simberi mine in New Ireland has forced the gold explorer to temporarily cease production on the site. In a statement, the […]
Minister: Fisheries plan almost complete
FISHERIES and Marine Resources Minister Dr Lino Tom says a 10-year strategic plan (2020-2030) for major changes in the fishing industry has been finalised. “The plan aims to transform PNG […]
Industry brings in ‘about K600mil’ from fishing day sales
PAPUA New Guinea makes about K600 million annually in the fishing industry by selling the fishing days, says Fisheries and Marine Resource Minister Dr Lino Tom. “The days are rented […]
Multi-million kina fishery projects set for Morobe, Madang
THE National Fisheries Authority (NFA) and Fisheries and Marine Resources Department are developing two major fishery projects in Morobe and Madang, Fisheries and Marine Resources Minister Dr Lino Tom says. […]
Trafigura Group given clearance
THE Independent Consumer and Competition Commission (ICCC) has granted clearance to Trafigura Group Ltd for its proposed acquisition of further interest in Puma Energy Group Ltd. Trafigura is currently the […]
Credit Corp board stands by Yates despite call for removal
THE board of Credit Corporation PNG Ltd is standing by company director Sydney Yates amid a call to have him removed. It received a proposal from the Teachers Savings and […]
Union slams staff termination
THE PNG Banks and Financial Institution Workers Union has condemned the decision by the National Development Bank (NDB) to terminate two of its members. A union statement said the termination […]
Brewery names Joyce as chairman
FORMER South Pacific Brewery managing director Stan Joyce has been appointed board chairman. Joyce joined the company as marketing manager in 1995 and became managing director in 2007. He retired […]